Newspapers / The Chatham Record (Pittsboro, … / Dec. 11, 1930, edition 1 / Page 8
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PAGE EIGHT Electric Service Costs Less Than /.' * ) “Electric Service in the average home comprises about 1% of the entire household expenditure, represents but V/>% to 2% of the total cost of the average manufactured product.” Customers served by the Carolina Power & Light Company enjoy an exceed ingly favorable household electric service rate, as witnesses the popular Residential Combination Rate, which has made the cost of domestic electric cooking, water heating and refrigeration well within the reach of every household allowance. Where all three classes of service are used in the same home through one meter this rate provides electric energy for as low as 2 cents per kilowatt hour. For want of such rate, upon the advent of the Electric Range in 1914, electric cookery did not become popular for a num ber of years. Only those who thought little and cared less about the cost of operation could afford such a convenience. Electric Water Heating and Refrigeration were then unheard of. CAROLINA POWER & LIGHT COMPANY t ... • -; t /;./ •• PURCHASING POWER TODAY OF THE 1930 DOLLAR AS COMPARED TO THAT OF THE 1914 DOLLAR Electric Household Service $1.36 Food *67 Clothing -62 Home Rental .66 Household Furnishings .51 Movies .48 Candy .59 Tobacco .84 Reading Matter .56 Increased purchasing power of the electric service dollar in 1930 is due to the constantly decreasing cost of electricity and the greatly increased efficiency of electric lamps and appliances. THE CHATHAM RECORD, PITTSBORO, N. C. In 1920 a Heating and Cooking Rate was announced. The new rate provided electric energy for cooking and water heat ing at 4 cents per kilowatt but necessitated a separate meter. Such a marked reduc tion over the old rate meant that many households began to install this cleaner, quicker and more convenient method of cookery. But those who had availed them selves of this modern equipment, as well as prospective users of Electric Ranges and Water Heaters, were to be benefited by still another rate reduction —our popular Combination Rate; announced in the fall of 1928. So favorable is this Combination Rate that hundreds of new users are en joying a substantial saving each month as a result of using electric energy for cook ing, water heating and refrigeration. Accompanying statistics show that your electric dollar has a great purchasing power today than ever before. While every other household expense has increased steadily the cost of electric service has de creased. THURSDAY. DECEMBER 11, 1930
The Chatham Record (Pittsboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 11, 1930, edition 1
8
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