Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-08-26

turn on O basis of IL customers is
$24O per year. The required return
on the basis Of rs per cent of con-
struction cost would be $625 year.
John Z. Goodwin, assistant engin-
eer for the Commission, read from
the report of Assistant Engineer
Downing Of the =. U. Department
showing estimated cost of construc-
ton at $4,000, which would be re-
duced to $4,000 by taking into consid-
Grafton certain contributions Of labor
on the part of the petitioners.
Complaint of Dr.. L. L. DoIiiver
DIR. Lewis J.. Dolliver of Augusta
led the complainants asking for
Central Maine Power Company SER
vice on the Weber Pond road. Dr.
Deliver pointed out that there are
about 30 people interested in the
proposition, one half of them being
permanent residents and the re-
maindel summer residents. There is
now service a mile and half distant
at one end Of the location and half a
mile distant at the other end. The
total distance of the proposed con-
struction is five miles. DR.. Dolliver
inquired if it would not be possible
to use the high tension wire running
along there, for the first mile and a
half of the distance. There are six
cottages on the point at Weber
Pond. The Vassalboro town farm
would also be served at the upper
end Of the road.
Clarence c. Rowe. Edward w.
Brann, Clinton B. Clifford and Will
lard 3. Strong, Jr., all of Vassalboro,
spoke of their need of electric power
and intimated that at the time the
right was given the company to put
high tension wire poles in that sec
ton the representative of the power
company promised that power would
be furnished
Maine Power company pointed out
that the proposed extension includes
three spurs, two going to Weber
Pond, and the other going on the
road to South Vassalboro. the total
distance being 40 miles. There
are 60 possible customers of whom
AZ are summer residents. The esti-
mated cost of the construction would
be $500, and the estimated return
about $3.50 per year. The required
return would be $3.50 per year,
based on % per cent of the estimated
construction cost. He stated that on
account of the potential danger in
volved 1t would no be wise to use
the high tension wire as suggested
by DIR. Dolliver.
DR.. Dolliver stated that in his
opinion that $50 per year per house
is a low estimate Of receipts to the
company. but Mr.. Eaton stated that
this is based on conditions as found
by the company
Case of r. E. Hescock
The last hearing was on the petit
ton of r. f. Hescock of Augusta.
asking for power extension to his
home on the Burns road. a distance
of 40 of a mile from the end of the
present power line. Mr.. Hescock
said he would use power to the
amount of $50 per year.
1t was pointed out by Engineer
Eaton of the power company that
this construction would cost $500.
and 500 per year revenue would be
needed
Attorney Maxcy Argues
At the close of the hearings. At
torney Everett II. MaXcy for the
power company presented his argu-
ment applying to all of the cases
heard during the day. He showed
that the company is willing and anX-
ious to make extensions for it means
more business. He pointed out that
public utility is limited on the
amount of its return on its invest
ment; being favored as an artificial
monopoly ii is required to furnish
service at rates which will ensure
only fair return on the investment
In general the rate Of return ia limit