The Results of Municipal Electric Lighting in Massachusetts

Cover The Results of Municipal Electric Lighting in Massachusetts
The Results of Municipal Electric Lighting in Massachusetts
Edmond E Edmond Earl Lincoln
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25 $15 . 00 Including lighting expenses $23. 60 Ratio of debt to valuation (per cent) 2. 2 1. 3 Excluding lighting debt (per cent) 1 . 85 Ratio of annual expenses to valuation (per cent) 1. 55 1. 53 Including lighting expenses (per cent) 1. 8 The expenditures for 1914 are used because no later data are available. The figures would probably be somewhat higher for 1915.
But, while it is not altogether satisfactory to explain theoretically why the tax rates should have increased, and while this in
...crease may only in a slight degree, so far as these towns are concerned, indicate that the plants 280 MUNICIPAL ELECTRIC LIGHTING have been losing money, yet we are at least safe in draw- ing the conclusion that the incentives for "boosting" the rates under municipal ownership are unusually numerous and urgent. Though it is entirely too soon to form a fixed opinion on the subject, for reasons which have been suggested in various connections, the writer feels justi- fied in predicting that the next five or ten years may wit- ness an even more noticeable increase.

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