OCR Text |
Show ft E. A. Project i 1 Sold To Telluride Power Company Beaver Valley Electric Association, Associa-tion, Inc., a "Rural Electrification" project just north of Beaver City, Utah, which was financed about 10 years ago by the Rural Electrification Elec-trification Administration has sold all of its assets, including ils entire en-tire electrical distribution system to Telluride Power Company, of Richfield, Utah, according to an announcement by LaVar Gale, the president of the co-operative, and on November 17,1952, the power company took over the property and is now serving its former mem bera. Since ils inception, the project has been served by Beaver City, but due to substantial growth of its electric load, the City found it necessary to purchase power to supply the Co-op making the business bus-iness unprofitable, and the service unsatisfactory. Also the application applica-tion of the Company's standard nates to individual Co-op members will result in substantial savings in monthly bills. The Power Company has constructed con-structed a new substation near the City limits which is connected to one of its main 44 KV trunk lines, thus insuring ample and continuous 'service. Negotiations for the purohase were concluded by the officials of Beaver City, Beaver Valley Electric Association, the Rural Electrification Administration, Admini-stration, and Telluride Power Company. |