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Newspaper
Comanche Chief
Location
Comanche, Texas, United States of America
Date
Jul 28, 1955
Page
9
A 1940 to recent years trend shows rural electric systems buying more electricity each year while wholesale cost per kilowatt hour declines from 1.09 cents in 1940 to 0.76 cents last year. The 1945 bill totaled 18.5 million dollars and the latest year reached 108.98 million dollars for energy purchases.
State by state figures show co op generation and transmission loans worth to REA programs. Senator Monroney notes power cost as key operating expense. loans help stabilize wholesale rates and service when private generation is unsatisfactory. Alaska shows $13,433,133. many states list varied totals across towns and cooperatives.
Senator Lyndon B. Johnson told the Senate on May 11 that rural electrification has had profound economic and social effects. He praised REA as lifting rural life from "the dark ages" and predicted the final history will call it one of the greatest achievements.
The article portrays the hooking up of the highline as a milestone linking farmers to the modern world. Electricity ends pre-dawn and after dark chores, easing daily life for farm families. It frames rural electrification as emancipation for rural Americans.
Rural electric systems across the United States and Alaska pay taxes similar to other utilities, except on corporate income tax. Capital credits returned to members are taxed as income, with state and federal taxes applying when those funds are counted as former members’ income. A long list of tax amounts by state and Alaska is provided.
Rural electrics in the United States and Alaska paid the following taxes during the past year. Alabama 240930, Arizona
Senator J. William Fulbright of Arkansas spoke to the Senate on May 11 about the REA program, noting studies show every dollar spent on the distribution system spurs four dollars in equipment purchases by electrified farmers. He said the initiative boosted retail and wholesale appliance sales, provided jobs and profits in manufacturing and transport, and extended prosperity to raw material producers.
The REA electric loan program of 3 billion dollars has spurred 10 to 12 billion dollars in appliance and service sales. About 28 000 people are employed nationwide with payroll circulated locally. In 1954 borrowers paid over 140 million dollars for power and nearly 11 million in taxes begun. Drought resilience varies by land ownership with tenant farmers most at risk.
Pocahontas County Rural Cooperative reports 3,000 members with electric appliances last year including televisions, automatic dryers, water systems, electric ranges, and milking machines. Craighead Electric Cooperative notes rising cooking with electricity and 1,200 members on 1156 kWh monthly year round system. Lincoln Cooperative cites high appliance adoption and home freezers among members.
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