Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1907-04-16

ceiied ana q new contract, TO take eff
feet July /, 1907, is entered into. such
new contract to run for 10 years. and
to provide for the same schedule OF
street lighting and the same taxable
valuation on the present property OF
the company. (but not to include new
buildings. etc. this company will bind
itself to establish, on the same date
July +. 1907. the following schedule ot
rates for the sale Of electric current:
ELECTRIC CURRENT FOR LIGHT.
ING.
Ten cents per 1000 watts. now l.
cents. a reduction of 8 cents. or 30 IL
per cent.
With the following discounts for
prompt payment:
Five per cent TO all customers. MAX
ing net rate 81. cents, a reduction OF
5i2 cents, or sc % per cent.
Ten per cent. to all customers whose
monthly bills are between $40 and so
making net rate 9 cents. a reduction oil
cents, or 40 per cent.
Fifteen Per cent. to all customers
whose monthly bills are 500 and over
making net rate Sla cents. reduction
OF ca cents, or 43 1-3 per cent.
ELECTRIC CURRENT FOR MANU-
FEATURING AND MECHANICAL
PURPOSES.
A minimum Of ; horsepower to be
used in one or more motors.
To be used not more than . hours
per day, between A. NJ. and p. NJ
on week days only. s cents per 1000
watts; now 10 cents.
With the following discounts for
prompt payment:
Ten per cent. TO all customers. max
ing net rate 80 cents; or % per cent
reduction.
twenty-five per cent. to all custom
crS whose monthly bills are between
$50 and $40 making net rate cents;
or 40 per cent. reduction.
Fifty per cent. TO all customers
whose monthly bills are $40 and more,
making net rate 4 cents; or 60 per cent
reduction.
These above rates for manufacture
ing, mechanical and lighting purposes
mean the creating and stimulating OF
business and the creation of new in
dustries in our city and more gener-
al use of electricity in the homes OF our
citizens because, at the new rates, it
viii be within the power of everyone
to use electric current for all such pnr-
poses.
In connection with the above rates
Kermit me 10 call your attention to the
facts that Bangor, with population in
1900 of $4,000. has a lighting rate Of l.
cents for users of $40 and less month.
BiidefOrd and SacO with population
of $4,000, have Il net rate Of 10 cents.
Lewiston and Auburn, with a popula
ton of $1,000, have net rate of !
cents, as does Portland, with a pOpula-
ton of over $4,000. So you will see that
Augusta, with a population Of only H.
OOJ. is put on the same faVOra BILE terms
enioved by our sister cities of much
larger population.
In this connection it might be we'll
for ME to state that, although reduc-
ton in the price Of gas from 81 TO $3.50
was undoubtedly appreciated by our
people, yet we have not been able t0
make NJ. the loss in earnings caused
by the reduction, and we are safe in
saying That it will take five years or
more to make up for the loss in earn
ings caused by the proposed reduc-
tons in the prices Of electric current.
This company believes in the future
growth and prosperity Of Augusta and
is willing 10 do its full part toward the
development of the industries of the
city to promote that growth and pros
pcrity and it is to that end and in ac-
cordance with your request that this
proposition is submitted.
You arc authorized TO submit this
proposition to the city government of
Augusta for whatever action they may
see fit to take.
Very respectfully,
w. III. WILLIAMS,
Superintendent.