Show UTAH COMPANY LOWERS RATES ON POWER USE Street Lighting C Commercial m Schedules Cut Providing for immediate re reductions reductions re- re auctions of a year and ultimate reductions of a year new rate schedules for combination commercial service and municipal street lighting had been filed Tuesday by the Power and Light company with the commission of business business business busi busi- ness regulation in its its' publics public s service commission function As As s far as reductions are concerned concerned concerned con con- the new schedules be become become become be- be come come effective September 11 the c commission indicating it would ot take action against reductions C Provisions for automatic rate f ter January 1 1942 were were included in the schedules These adjustments would be made in event of increases or decreases operating in costs of the company b because cause of fluctuations in commodity commodity com corn price levels or changes In It the amount of taxes paid by the company No decision on this phase has been made by the corn com mission Seek ck Uniformity The e two new schedules said George M. M Gadsby president and I general manager of the company are designed to bring about un uniformity uni uni- if i- i f Residential users already are are on a uniform rate basis The service Jail service all schedules for commercial commercial commer commer- cial users and municipal street lighting merely are additional steps toward uniformity and re result re- re suIt sult in some reductions fe I The service all-service commercial Schedule will make it possible for commercial users to obtain all L types of electric services on one meter at one rate This simplifies the operation r reduces duces the number of meters and andle th the le manpower needed to service them lem and cuts accounting expenses thus us conserving manpower and Continued on Page Pae Seven Column 1 UTILITY OFFERS OFFERS' I REDUCED RATES Continued from Page Pale One a materials with the Laving saving passed on on to the consumer George S. S Ballif as chairman of the public service commission gave a statement authorized by all commissIon commission commission com- com mission members It said in part While the commission for the present will withhold either its approval or disapproval of the new power company schedules we will tx not stand in the way of the people e of the state of Utah receiving benefit benefit benefit bene bene- fit of savings due to any reduction in rates I The most important matter to tobe tobe 1 be determined by this commission in regard to the whole rate question question question ques ques- tion is the true valuation of the J power company's properties upon which reasonable rates may be based For some considerable time past the engineering and accounting accounting account account- Cf ing departments of this com commission commission commis commis- sion have been conducting a study In conjunction with the federal federal 1 power commission to determine S the very important question of of 1 valuation This study Is not yet rl I complete and this commission is i withholding formal action until itIs it itis ti is finished 4 Decisions Withheld ll We are therefore not In post post- I l tion to say at this time that the rate reductions contained in these o new schedules of the power company company com com- pany are reasonable The commission is also withholding withholding withholding with- with holding a decision on the power power j company's request for the inclusion of certain adjustment clauses In Inthe In Inthe the new schedules pending thorough thorough thorough thor- thor a ough study of their ultimate effect upon the whole rate structure of the company Charles A. A Esser secretary of oft the business regulation commission commis- commis t d sion said sald the new rate proposals t relating to automatic adjustments are a a new departure in ratemaking x ing in Utah Regarding the rate study now being made by the public service commission he said Although the studies are Incomplete incomplete incomplete in- in complete there is considerable evidence evidence evidence evi evi- dence that the power company rates are based upon exaggerated valuations with the result that it appears that excessive earnings may be accruing to the company to the detriment of the people of the state |