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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Apr 17, 1931

Page

4

Aiken Electric Company Plans Further Rate Reductions

The company, after buying the Aiken electric business in 1929, cut rates sharply and promises further reductions as justified by increased business. The City Council approved a last year rate cut totaling 11 785 13 and domestic customers expect about 38 percent savings in a little more than two years. The franchise expires May 23 and current records show no eight year prior reductions.

Aiken Busine Aken

City Council discusses sale of distribution lines to city

City Council considers plans to sell distribution lines and enter wholesale electricity operations within the city. The council asks if the city should accede to the suggestion and operate an urban electric business in Aiken after investigation.

Aiken

Company urges Aiken council study on electric distribution return

The firm presents records to City Council to analyze operating costs and potential city return from retail distribution. It argues margins are narrow, competition from gas reduces gains, and local investment benefits include continued service and lower residential rates.

Also Mentioned on This Page

South Carolina Power Co City Council L. A. Magraw Carolina
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