Village News 1975-09

              (Continued from Page 1)
S.C. No. 2-S - General Service - Small
Effectivp. 8/1/75
Race: Per meter, per month.
First 12 KWH .or less
Next 38 KWH @
Next 450 KWH @
Next 1000 KWH @
Over 1500 KWH @
Winter
Nov. 1 - May 31
$2.23
5.8C/KWH
5.5C/KWH
4.2C/KWH
3.7C/KWH
Summer
June 1 - Oct. 31
$2.23
"5.8C/KWH
5.5C/KWH
4.6C/KWH
4.3C/KWH
Minimum Charge: $2.23 per month.
S.C. No. 2-L - General Service - Large
Rate: Per meter, per month.
Demand Charge Effective 8/1/75
First
Next
Next
Over
5 KW @
7 KW @
38 KW @
50 KW @
Energy Charge
First " 12 KWH or less
Next 38 KWH
Next 450 KWH
Next 1000 KWH
Next 3500 KWH
Over 5000 KWH
•t ''
Except: All over 320 KWH per KW
of Demand or over 32,000 KWH
(whichever is greater) @
-0-
$3.50/KW
3.05/KW
2.80/KW
$2.23
5.8C/KWH
5.5C/KWH
4.2C/KWH
3.67C/KWH
3.38C/KWH
3.1C/KWH
Minimum Charge: Demand charge but not less than $2.23 per month.
Note: Fuel adjustment charges will be applied to above rates.
The above statement of rites should not be relied upon for the
purpose of determining all provisions relating to each service classi-fication.
Full details on each service classification may be secured
from Electric Billing Office or Village Clerk's Office at Village Hall.
Village
REFERENCE ONLY
News A PUBLIC INFORMATION BULLETIN OF THE VILLAGE OF FREEPORT
46 NORTH OCEAN AVENUE TELEPHONE FReeport 8,4000 WILLIAM H. WHITE, MAYOR
Public Meetings On The 1st and 3rd Mondays Of The Month At 3:00 P M
NOTICE OF ELECTRIC RATE INCREASE
SEPIEMBER, 1975
The enclosed electric bill is issued on the new rate schedule
approved by the New York State Public Service Commission effective
August 1, 1975. This rate schedule was filed in compliance with the
Order of the Commission rendered July 18th approving total revenue
increases in the amount of $566,689 over and above the present
temporary rates representing an average increase of 7.1%. In addition,
the Public Service Commission has ordered the Village to roll in
1.5C per KWH of present fuel adjustment into the proposed basic
tariffs, thereby reducing the fuel adjustment by an equivalent amount.
The following is a statement of the proposed rates:
S.C. No. 1 - Residential Service
Effective 8/1/75_
Surr.me'r
June 1 - Oct. 31
Rate: Per meter, per month.
First 12 Kilowatt hours or less
Next 38 Kilowatt hours, per kwh
Next 150 Kilowatt hours, per kwh
Next 300 Kilowatt hours, per kwh
Over 500 Kilowatt hours, per kwh
Electric water heating -
Between 500 KWH & 1000 KWH
Space heating in excess of 1000 KWH
between Nov. 1 and May 30 will be
Winter
Nov. 1 - May 31
$2.23
5.8C/KWH
5.17C/KWH
4.0C/KWH
3.9C/KWK
$2.23
.Sc/KWH
.17C/KWH
,8C/KWH
4.8C/KWH
3.1C/KWH
3.1C/KWK
Note: Fuel adjustment charges will be applied to above rates.
(Continued on Page 4)
Trustees: Thomas J. LoveNdge. Ralph P. Franco. Dorothy Storm. Wayne Jordan
Village Clerk: Thomas DeVincenzo-Treasurer: James J. Lyons - Counsel: Oakley Gentry Jr
REASONS WHY YOUR 5^ECT§IC BILL IS GOING UP
I. CONSTRUCTION
Rising consumer demands for electricity in recent years
have compelled the Village to expand its facilities to an
unprecedented level of expansion. In. addition, the ever
spiraling costs of construction coupled with compliance
requirements of s.tringent environmental laws required the
investment of hugh sums in new construction and equipment.
In the last six year period, the Village has invested
nearly 11 million dollars in plant facilities. That sum
compares with 7.4 million dollars in the previous 73 years.
ELECTRIC LIGHT INVESTMENT
7.4 MILLION
1896 - 1968
I. MILLION
1969 - 1974
2. INFLATION
Recently, as you are well aware,
inflation has been running at an
annual 2-digit rate. Until 1970
with load growth and increased
efficiency we were able to offset
the increased costs. However,
since 1970 this is no longer true
and abnormal inflation and added
environmental costs outstrip
savings from technological gains
and efficiencies.
This increased financial burden
can only be met through increased
rates to our consumers.
FUEL
LABOR
MATERIAL
CONSTRUCTION
FINANCING
3. FINANCING COSTS :
The money required for construction
of major projects is raised by selling
municipal bonds and the Electric Depart-ment
must pay the principal and interest
_.on ..these bonds.
. With high demands from municipal
governments, school boards and other
local government agencies to raise
money for necessary projects, the com-petition
for this money from lending
institutions has been severe and the
interest rates have skyrocketed.
This is one of the key factors in
the cost of electricity. 1965 I97O 1975
4. ENVIRONMENTAL COSTS :
The Village Electric Utility must meet environmental standards
established by the Federal and State Governments.
As an example of what these standards mean, on October 1, '1970 the
Village had to comply with the low sulphur requirements for fuel oil
used in its generating plants. The cost of fuel oil to the Village
instantly increased from 5c per gallon for regular residual fuel oil to
9.7C per gallon for the low sulphur product.
Other expenses also associated with environmental standards form a
substantial part of your electric bill.
5. FUEL:
Fuel costs have been the
largest factor contributing to
increases in your electric bill.
Over 40% of your bill now goes to
pay cost of fuel oil burned to
produce electricity. In 1969 fuel
costs were about 14% of your bill.
As most people know, this
increase in fuel cost is passed
along to the consumer through the
fuel adjustment clause which was
approved by the Public Service
Commission in 1970.
Unfortunately, fuel oil costs
are beyond the control of the
Village authorities and, further-more,
may remain at a high level
for several years. I96» 70 71 1972 1975