Report on Electric Rates of the Union Gas and Electric Company, Cincinnati, Ohio (Paperback)

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...while the minimum of $1.00 (gross) per kilowatt of maximum is higher than actual cost for Retail Commercial lighting and power. In accordance with recommendation for a reduction of rates, at least a corresponding reduction in the minimum charge should be made. ELECTRIC RATES On account of the fact that upon its introduction for commercial purposes, electricity was regarded as a competitor of gas and also to stimulate its use for varied purposes, the rates for electric service have ten the subject of much investigation and study. The storage of electricity in large amounts is uneconomic its use for many purposes is confined to short periods during the four hours, and a large proportion of the consumers make their demands upon the system at the same time. These conditions tate all portions of the system being of sufficient capacity to taki the maximum instantaneous demand which may be imposed byf sumers. The investment in plant and equipment therefore mu great as if the full capacity was utilized throughout the twej hours, though as a matter of fact, a few hours during the em actually determine what that investment must be. See Diagra 6, 7, and 8, showing maximum and total daily output of g-l plant for maximum, minimum and average months during tf The expense of furnishing any public utility service can be divl tween fixed and variable expense. The fixed expense remains c regardless of the amount of service furnished and consists of taxes, and insurance on the plant, and certain other expenses, v variable expense is determined by the amount of service furnish livered to the consumer. Accordingly, if justice is done all users, regardless of the of service demanded, the fixed cost must be included in the ratd each consumer pays his...