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HomeMy WebLinkAboutMINUTES Light and Power Committee 1965-06-14LIGHT AND POWER COMMITTEE Committee Report June 14,1965 COMMITTEE:Brodie —Tregent -Hunter -Sweetland -Bailey ATTENDING: 1.This special meeting was called by Chairman Brodie to determine what action should be taken regarding the proposed electric rate reduction. 2.After a lengthy discussion of all factors,it was the opinion of the Committee that the proposed new rates be adopted and placed into effect so as to become effective with the July billing.This decision was reached following numerous conferences with the engineering staff of the Utilities Commission.The new rates as presented would provide the Town with a fair and equitable return. 3.The total rate reduction would be in the amount of approximately $36,000.00 based on 1964 revenue.This would amount to an approximate 10 percent reduction. 4.The Residential and Domestic reduction approximately $16,000.00. 5.The Commercial Lighting reduction approximately $19,000.00. 6.The Large Combined Light and Power would be newly established and apply to loads of 150 KVA transformer capacity and over.This would apply to three accounts;namely,the YMCA,the new High School building, and the new Sanitation Plant. As nearly as can be established,this would provide for a reduction to the YMCA of 14.4 percent,the new high school building of l4. percent,and since th’e Sanitation Plant is new,a comparison cannot be made. The Committee recommends that a continued study be made of the three accounts above named,and that demand meters be installed in order to determine actual load requirements to serve. 7.The proposed rates are presented to the Board of Trustees for considera tion and approval. The Committee gave unanimous approval to Sweetland for the purchase of two new truck radios to be installed on the new bucket hoist truck and jeep truck at a cost of approximately $700.00 each,installed. •-%ji jAPPROVFj15 JUL 12 ;.iRi);QF Bailey t 6—14—65