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Electric Power Cost
Decreases in Last Decade
Consumer cost of electric power in Rappahannock has decreased during the past ten years, while the cost of living has skyrocketed, it was reported this week by President R. Paul Smith of the Potomac Edison System, of which the Northefn Virginia Power Company is a part.
This decreasing consumer electric utility dollar has been maintained, he said, while the Potomac Edison System has been embarking upon an expansion program to meet the demands of its customers here and in other communities and rural areas in its service area. This expansion program, he pointed out, has been a factor in giving more value for each consumer electric dollar.
Mr. Smith said that his company’s average rate to residential users of electric power in 1942 was 4.42 cents, and this year it is 3.11 cents, rep- * resenting a decrease of approximately 30 per cent. Over the same ten year period, the PE president said, the cost of living has increased by 67 per cent, according to the June 15 index of the U.S. Bureau of Labor Statistics. *lrhe Potomac Edison System, from the end of World War II to the end of 1952, will have spent over $47,000,000 nearly doubling its generating capacity—154,000 kilowatts to 294,000 kilowatts—and improving its transcission and distribution facilities.
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