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Story
December 2, 1953
The Home Journal
Charlotte Amalie, Saint Thomas County, Virgin Islands
What is this article about?
Virgin Islands Corporation announces reduced electricity rates for St. Thomas consumers effective January 1, following $300,000 investment in generating capacity and $50,000 distribution expansion.
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Reduced Rates For Electricity Okayed by Vi Co. Will Go Into Effect January
New lower rates to all consumers in St. Thomas were announced this week by the Virgin Islands Corporation.
In a letter to General Manager Fred Vialet, Gordon Skeoch, president of the Corporation, stated:
"Whereas a year ago the installed capacity in the generating plant was about 2000 KW, part of which capacity could not be operated at full load, you now have 3075 KW of capacity available which will shortly be raised to 4450 KW with the completion of the new 1250 KW unit. We now have plenty of power to sell.
This additional capacity has been obtained through the expenditure of $300,000 for generating equipment."
Mr. Skeoch pointed out that a large expansion program for the island's distribution system is now underway. Construction costing more than $50,000 is scheduled for the next two years. When the program is completed, the electric system including the generating plant, will represent an investment of $1,415,000, he stated.
Effective for bills rendered after Jan. 1, rates will be reduced. For residential consumers the minimum bill is $1 per month which permits a use of up to 143 KWH. The first block of kilowatt hours, which now cost 10 cents, has been reduced to 7 cents.
New lower rates to all consumers in St. Thomas were announced this week by the Virgin Islands Corporation.
In a letter to General Manager Fred Vialet, Gordon Skeoch, president of the Corporation, stated:
"Whereas a year ago the installed capacity in the generating plant was about 2000 KW, part of which capacity could not be operated at full load, you now have 3075 KW of capacity available which will shortly be raised to 4450 KW with the completion of the new 1250 KW unit. We now have plenty of power to sell.
This additional capacity has been obtained through the expenditure of $300,000 for generating equipment."
Mr. Skeoch pointed out that a large expansion program for the island's distribution system is now underway. Construction costing more than $50,000 is scheduled for the next two years. When the program is completed, the electric system including the generating plant, will represent an investment of $1,415,000, he stated.
Effective for bills rendered after Jan. 1, rates will be reduced. For residential consumers the minimum bill is $1 per month which permits a use of up to 143 KWH. The first block of kilowatt hours, which now cost 10 cents, has been reduced to 7 cents.
What sub-type of article is it?
Historical Event
What themes does it cover?
Triumph
What keywords are associated?
Electricity Rates
Virgin Islands Corporation
Power Capacity Expansion
St. Thomas Consumers
Infrastructure Investment
What entities or persons were involved?
Gordon Skeoch
Fred Vialet
Where did it happen?
St. Thomas, Virgin Islands
Story Details
Key Persons
Gordon Skeoch
Fred Vialet
Location
St. Thomas, Virgin Islands
Event Date
Effective For Bills Rendered After Jan. 1
Story Details
Virgin Islands Corporation announces reduced electricity rates due to expanded generating capacity from 2000 KW to 4450 KW via $300,000 investment, with further $50,000 distribution upgrades leading to total $1,415,000 system investment. Residential minimum bill $1 for 143 KWH, first block reduced from 10 to 7 cents per KWH.