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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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South Carolina Power Co
City Council
L. A. Magraw
Carolina