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Show PAROWAN TIMES, PAROWAN', UTAH, XOVLMMR Parowan Electric System from Front Page ts h added .something lvs-- than b cause tin old Cen- tl.t '',tnii capacity Thus its cost was mole a aha iih nit att ol .id It ti capacity and $.'80 per kilo-t, he oil pipeline and part of the old uid The u t piimitted the ulatiyily low it total (apnit If the depreciated alue ed In iluo.l , s addid to tile construction Ci nit r Cm k plant, the construction cost p hi slid pi i kilowatt Then if this wcie to w tin h took place in all i.i mu! mi it ase 1935 (to reduce this and Fill beuuiii i, of the Hod Creek the lost with (.mpai.aiM f i hi Ci nti i Ciiik plant would he $030 per hi '7 w t i ) k 3 4it d-- -- i . i k I , . i i i, . ' , , i i i i i it ipai i , ,i : , i , t it i ii fon tin cost pi r kilowatt was less i le that small water power plants can , man C.oi) or .000 per kilowatt of capacity I ; i All of this i'i tl an The kilowatts .i, i.ipaiih net construction cost .3(i() . tl iris e.ipmei it d thev are of great valun to m on the hasi-- , of this cost The Red m!ik a conpa! P i lv low cot per kilo- at hull i . i The 1033 rate adjustments were necessary because Parnwai, inliciited from early operations, a policy of f urn, slung au electrical service over a certain small amount at 1c per vh the total requirement of the I. This was possible whe-system was much below the output of its gun. plant, as in years before PJ43 No other system has bee i ah e to continue to do this and Parowan has been warned lor a number of years to stop such low priced energy sales i.i "et d : rate brackets". A table follows which compares monthly t lectin: ills for indentical electric service delivered by Parowan an nth r systims for comparison 1 1 Table As of November 1, 1H55 Hills Electric Monthly (Comparison of Parowan System and other Systems) Values in Table aie Bills in Dollais Per Month Residential Monthly Consumption, Kilowalthours .300 230 100 30 System Parowan S U P Co. P Telluride ( (imnii'fi ial Ut. & L Co 4 9!) 3 23 09 2 12 1 4 11 IV55 Debaters To Participate She was one of forty six girls chosen from many applicants. They were selected on the basis of intelligence, perJackin Ward daaghti r of sonality, apparanee. poise, In Mr and Mrs M llowarl aihevimcnt, and willingness Two teams of debaters from to serve. Ward of Parowan, has recentCollege of Southern Utah ly hem selected to Brigham Cold air lends itself well to left by car Friday to particYoung Universitys Air Force the preservation of organic ipate in their first interBOTC Sponsor Corps cammatter. Scientists say that collegiate meet. They will repus service unit. food stuffs could be sored in turn November 27. A Freshman at the Provo the Antartic to build up reFour students under the school, Jackie is now majorserves or to stabilize the direction of Richard M. Row-leworld markets. ing in Secondary Education debate and forensics coach at the college, will ention to build a plant on Red Creek. ter five events at the Western 4 The Red Creek plant was never intended to be automaSpeech Association Tournatic. Enough protective and alarm devices have been built in- ment at Parkland Wash., Nov. to it to make it possible to operate he plant wihout additional Comprising the two operators, and without much increase of operating expense teams are Clark Ronnow, Pan for the system as a whole. This intent has been successful. 5. Both the Center Creek and Red Creek plants have pro- - aca Nev., Holland Terry, duced fully as much power and as large portion of Parowan Rockville; Carol Ann Mathe-systerequirements as they were expected to produce. A son. Parowan; and Betsy big enough to furnish all of the power requirements more Beaver. of Parowan would bo to expensive to be economical, and there is not enough water to supply such a plant. The plants were designed for most desirable performance and both have exceeded predictions 6. There was no 1947 bond issue. The 1949 bond issue, which was later refunded, was a revenue issue and not an obligation of the City. 7. The engineer did not from agree to sell the the old Center Creek plant and apply the equipment proceeds on his engineering fees. He was never asked to do this. 8. Standard engineering fees for the construction of the Center Creek and Red Creek power plants would total about $45,000. The amounts paid the engineer will be considerably less than this amount. His willingness to defer receiving most of his fees has been an important help in financing the con- CSU Named To BYU Sponsor Corp Meet i v, 0 75 7 50 8 74 0 08 8 01 4 30 2 20 2 04 2 h 11 99 21-2- 8 08 10 80 m Monthly Consumption, Kilowatt hours Parowan Southern Utah Power Co 500 2000 19 80 28 10 18 23 47 30 Fill-pla- 8810 57 28 & Light Co. Power Utah !. tm e i onstrui tion of the Center Creek (ilant 105 92 28 30 Telluride Power Co hi foi, financing the Centir Creek la, dress A residence uses small 30 Table: about of kwh (unpa.d balance from power bond Explanation in. to'1700. month for lighting and incidental purposes. A residence 1926 Thus the net worth of the Pr- - per nk with lights, electric cooking other appliances, will use about was Ki 800 250 kwh per month A moderate residence with water heater 10.30, and alued at and other usual electric appliances will use about 500 kwh i;mties i xistine January o i w ill di i ease hi e.iuv nf depreeiation to a value per month. 1000 kwh per month is a large usage for a resid' th se two dates, J.i'iarv 1 1030 ence but there are a number of homes in Parowan which use " o'! a a ue of $383 006 were added (two generat-- s this much 500 and 200 kwh per month are typical commercm imp!oen'i nts to the distribution sxxtem, etc.) ial lighting usage for moderate and moderately large coma ' o ,t i aloe of the parowan i Icctrical propertms on mercial establishments. pi'ii nf M,(i,j 000 The total indebtedness of the Utah Power and Light Company, at Salt Lake City, has i and Parowan City for power low electric rates. Drobably the lowest in the intermountain ,! ed sv struction. 10.30 will he, less cash reserves, of ,Tamrir country. Souhcin Utah Power Company and Telluride Power Proposed Facility and Income Certificates ire ml woi th of the electrical system on Jan. Company rates are typical of smaller commercial companies. This method of financing offers a very desirable wav for hi 0(H) In th( si eare between 1030 and Other municipal and government subsidized rural systems Parowan to refund some of its present indebtedness It t h is hi i n me eased $137 000 This is believed in the intermountain country generally have higher rates il ' he a eiv creditable result This $137 000 special proceedings and therefore has been given spec- in table. the those shown than nl studv. Certificates will not be indebtedness of Parowan f m Os tm.il system levenues in the 0 years. 1030 Comment on Political Advertisement, Parowan Times, Citv. A distinguished attorney who has had much experience ve in municipal financing, has been advising Paroyvan. He has been in November 3, 1935 by Pihiviiii during these years has and t given a yvritten opinion that the proceedings are legal. salaries uf the electrical i t believes electric the Council that Parowan The ,! service, system The certificates have not been printed and have not been ; should not be made a political isi lens nf Parowan. and the cash surpluses any electric system offered to investors Future offering of the certificates has nonfor used t and of the fund i made. Electric neral such has been an ihe that and sue City it g attempt regrets bcen discussed with a very few financial people Certificates tl I'll )IM S system policies must remain stable and reliable over many 3 Y W Y of 8nyne electric Public criticism operations, especially suitable inyestminCt ne.mk ability to do tins on the comparitevcly smaller y ears. criticism of financial issues wull damage the credit ,r the past, indicates it can very easilv meet the rc-Because most investors buy securities based upon of the City. The problems of building, financing general nt of future lndibtcdnoss and still maintain its clec-k,standing in the borrower to pav his obligations and confidence his doand operating an electric system are complicated, many are a mi a profitable condition. It will be helped in to do the statements so, in the ability advertisepolitical to be are t hi likely increase in gross revenue , professional and technical, they ment will seriously damage the marketability of the certifiand lead to demagogery if introduced into politics. and mav make some other method of refinancing neccates lilcitric Service Kates Comparison facts: not do the with Statements in the adverisement agree essary. man has always maintained the lowest electrical rates 1. At this time Parowan City is in debted for electric sysParoyvan should, of course, pay reasonable interest on any r h itrieal system in Southwestern Utah It will be able tem construction to the extent of $26,000.00 in the form of indebtedness. It is able to do so. so do 0 net to This does not necessarily mean that' general obligation bonds. Additional indebtedness is a lien ' s i f electrical rates mav not be necessary in the Signed: obnot a and general against revenues of the electric system, Paroyvan Citv Council but these will be small in proportion to increases of the city. ligation W. Scott Mitchell. Mavor s in con-o- n ,! ms are making. Year by year increases to use eqiup-meor 2. It was never intended thought possible F Rav Lvman Councilman cost operating cost and cost of supplemental elec-r- v from the old Center Creek power plant at the Red Claude Orton Councilman the from ice mav make rate increases necessary, advised was beginning Creek power plant. The Citv D Councilman Robinson, iw.ui m'ide a small increase in electric rates in 1945 and that this would be impossible Councilman Ourr Ftehpr. madu was Red site Creek of r in 1931 In 1935 an adjustment nf rates was made the 3. The first exploration Councilman E. Kin?. J. mlcced some electric bills, while increasing others. late in 1952. Before this time, the City had no serious intenNovember 22, 1955 due of all i! proxities in Paiowan et i le d 3. I . 1 1 1 1 , i , . es per j i i or co-k- Subject for the debate will -- t be the national college i lllad-vise- d ii i t. ques- - L0n on the guaranteed annual 'wage Both teams will be re- quired to debate on both the affirmative and the negative issues. I nf i i t i a- -, nt i Gun & Rod Club Set Elections The annual election of the Parowan Gun and Rod will be held Thursday night, Dec. 1. in the Court House, according to Ralph Orton club pres. All members are urged to be present. nw.iflimMgat.iMar v. 1 f ' f ' Nj v .A : off 1 Lot Ladies Swede 2 Strap 50 off TH Now$1.39 Regular $1.79 3 , ' Boys Flannel Shirts -- lor $2.49 f Blum House Shoes IVR THE ENURE & off Lot Lad ies Aligator Pumps 50 Huggar Caps for boys S 5 A, 3) ' 1 1 Blankets 4 V - Lot Boys Suits Give the Card Table that stays hmvRrul . . . stays sturdy. . . so much longer ! Samsonite EA WILY - Hallmark Christmas Cards c ly f A ": -- J.. CHkiilMAS T Lr- t Jl c r 95 s1 - r wl , BOXED ' CHAfRS . m.iin El xii.x jtr , V.. awwBiimiLip $6 t j. ijuJiMamj cw nt |
