Evening Star Newspaper, January 1, 1930, Page 16

THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, JANUARY 1, 1930, : e == e REDUCED ELECTRIC RATES A BRIGHT NEW YEAR TO YOU! JE POTOMAC ELECTRIC POWER COMPANY, its Board of Di- rectors, Officers and entire personnel, extend sincere greetings for the New Year to its thousands of friends and customers in the District of Columbia and Maryland. For the sixth consecutive year the Company, in agreement with the Public Util- ities Commission of the District of Columbia and the Public Service Commission of Matyland, announces a further reduction in electric rates, effective January T, 1930; to its customers in the District of Columbia and Maryland. The household lighting rate for the New Year will be 4.7 cents per Kilowatt Hour, .a re- duction in this rate of a half cent per Kilowatt Hour over the 1929 rate of 5.2 cents. Reduc- tions have also been made in other schedules, making a total saving to our customers of $660,000 for the year 1930 as compared with the year 1929. L i Especial attention is called to the reduction made in Schedule K, for separately metered elec- tric service used for any residential purpose other than lighting, as for instance: Heating, cooking, battery charging, electric motors, etc. After the first ten Kilowatt Hours monthly use at 4.7 cents per K. W. H., the secondary rate becomes effective at 22 cents. This new rate will effect a material saving and should even further popularize the use of electric ranges, electric re- frigerators, electrically operated domestic heating plants and other electric household appliances which are doing so much to lighten the burdens of household work and improve the health and comfort of our people in their daily home life. ki i : el It is very gratifying to the Company to point to these rate reductions made each year since 1924 and to emphasize the fact that our new residential rate is now less than one-half what it was in 1924. Truly it may be said that of all things entering into our daily lives, electricity stands almost alone in being cheaper to the consumer now than it was in 1914. These mutually beneficial results to the consumer and Company have been attained largely through the fine cooperative understanding existing between the public and the Company, combined with a Public Partnership Plan resulting in a greater volume of business following successive yearly rate reductions to the consumer. Present computations show that our customers, both domestic and commercial, at the new rates effective in 1930, will pay $4.500,000 less during the year for their electric current than they would have paid at rates prevailing in 1924. The Company and its Officials, inspired by this fine public support, have given careful attention to the wishes and requirements of its customers; devoted itself to sound business principles in finance, engi- neering, operation and distribution and utilized every economical and prudent measure of cost reduction in its management The Company is truly grateful for the ever growing support and patronage manifested by its cus- tomers in 1929, and promises a continuation of its policies that have enabled it to build new operating structures, extend its services, earn a fair retumn on the value of its property and make yearly rate reduc- tions through that faithful and helpful servant, “Matchless Service.” January 1, 1930. %‘ | / %1\