The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

"In 1922 the load supplied to rural consumers was 383 horsepower and to- .day it is approxhnately 17,000 horse- power. . ' "Sp 192249; 1o_t_al_e?qtespditure for f "In 1918 the total load supplied by (the Commission was approximately 317.- } 000 horsepower and today it is approxi- i mately 1,071,000 horsepower. _ "In 1922 there were 320 miles of rural lines constructed and today there are 4.103 miles. tTOTAL INVESTED l, NOW $300,000,000 "Some conception of the growth that has taken place in all branches of the Gommisston's activities may be gathered by citing a few comparable figures re- lating to the capital expenditures. re- serves, loads and rural work that has taken place during the last decade. For example. in 1918, the Commission's ex- penditure amounte dto approximately 861,000,000; today is more than $211,- 000,000. . "In 1922 the Commission supplied '2,.. 226 rural consumers and today they are supplying 31.068 rural consumers. "In 1918 the investment of the mu- nicipalities was approximately 327.000,- 000 and today it is more than $89,000,- equipment ............ 499,137.91 Hydro-Electric Railways.. 140,803.90 Insurance-workmen-s Compensation and Staff Pension Insurance .... 2n56,246.41 "In order clearly to understand the financial condition of the entire un- dertaking," the report. reads, "it is necessary to include the reserves ot the municipal systems along with the re- serves set up by the Commission. In 1918 the reserves. including the reserves of the local Hydro Utilities, aggregated $t1,446,889.i6, and in 1928 these re- serves had mounted to "5,545,583.86: an increase in the ten-year period of 364,398,69430, or more than 560 per cen . "In 1918 the aggregate investment in plants and assets in the undertakings was t88.000,000, and today 1t is more than 8300,000,000. 'an 1918 the total reserves were tit,- 500,000 and today they aggregate to,- 500.000. The "very satisfactory condition" ot the year's operation is further reflected in the accumulation of $3T,500,000 worth ot reserves. distributed as fol. lows: Niagara System . . . . . ' . . 428.989.376.26 Georgian Bay 53%th ... 1,417,747.44 St. Lawrence System ..s. 379,504.86 Rideau System .......... 258,860.96 Thunder Bay System .... 954.005.63 Ottawa System ......... 14.49149 Central Ontario and mat System .... Niplssing .......... Bonnechere storage Service buildings and Revenue from the municipal electric utilities and other power customers gave the Commission $24/287,296.23 in reveo nue, but its appropriations were $16,- 489,62037 for operation. maintenance, administration. interest, and other cur- rent expenses: and $23,346,633.16 as re- serve tor sinking fund, renewals, con- tingencies and obsolescences. "ttsuetory Condition. SURPLUS OF $940,663 FOR ONTARIO HYDRO SHOWN IN REPORT The "Prmlnclal" end of the annual report of the Ontario Hydro Electric Power Commission, which "as tabled in the Legislature yesterday, reveals that this great public utility had a surplus of 8tH0,663.07--atter providing for all expenses and meeting all necessary ttxed eturges--tor the twelve-months period ending October 31, 1928. Figures for Year Ending! Oct. 31, 1928, Also Re.. veal Accumulation of Reserves in Various Systems Totalling $37,- 500,000 i28,989,376.'26 1,41'7,'747.44 379,504 .86 258,860.96 954.005.63 14,497.49 -'_ Total (approximate) . .s300,000,000.00 '2flyhii0t Steady Growth Shown. . iiiiiirir According to the report the past year ' {has been characterized by steady growth 499137.91 lin all systems. The following tabula- iiir'iiii 90 T tion of system loads for the years 1927 , ' 's and 1928 indicates how this increase in 'load has been maintained (distributiOn 2.156 246.41 'Ef power to systems; 20-minute peak $9.431: "l s)t: H Miles oi primary lines: 1922, 320; 1928, 4,103. Number of rural consum- ers: 1922, 2,226: 1928, 31,063. Load, in horsepower: 1922, 393; 1928, 16,980. Total expenditure: 1922. $681,891.49; 1928, $8,951,779.14. Bonus: 1922, $190,- 574.07; 1928, $4,464,708.85. Rural pow- er districts: 1922, 27, comprising " 'townships; 1928, 131, comprising 233 .townships. export m........... Georgian Bay system. St. Lawrence system.. Rideau system ....... Thunder Bay systems. Ottawa system . . . . . .. Central Ontario and Trent systems . Nipissing system . System. Niagara system and Development activities in the various systems throughout the Province are described in the Commission's own lan- guage, as follows: Niagara System. As there are no large power develop- ments under construction by the Com- mission at the present time to serve the Niagara System, and as all the avail- able power from the Commission's Ni- agara generating plants was in use at the end ot the year 1928, the Commis- sion entered into a long-term agreement with the Gatineau Power Company; .1yith.trenertpting plants located in the horéepower) : Total ..............949,700 1.032.500 During the year the Commission was "very active" in constructing lines to serve rural customers in different sec- tions of the Province, and altogether about 1,000 miles ot line were com- pleted. It is expected that this pro- gram will be maintained for some years to come. The following tabulation shows the progress made in rural sup- ply hetween 1922 and 1928: trural lines and "iiiiiirTG"iriif was Mfii 891.49 and today it is $8,951,779.14. Approximate municipal expenditure . ... . . . . .. The total capital investment of the Commission in power undertakings and Hydro-Electric railways, including ex- penditures made by the municipalities. is over $300,000,000. This expenditure is made up as follows: Niagara system. . . . . . . . .$161,994,023.8t Georgian Bay system... 3,546,340.02 St. Lawrence system... 1,852,165.93 Rideau system ......... 1,189,021.46 Thunder Bay system. ' .. 14,332,93't.23 Ottawa system ......... 201,331.53 Eastern Ontario systems. transformer stations and transmission lines 895,236.64 Central Ontario and Trent systems ....... 14,15'7,630.T8 Nipissing system . . . . . . 1,151,370.92 Office and service build- ings, construction plant, inventories. etc. ... .. 2,908,076.46 Hydro-Electric railways. 6,989,346.88 "It will be interesting to note that as late as 1925 the annual increase in the power system's reserves of the Com- mission was about $3,500,000. Last year the increase was $6,300,000, after the Commission had paid to the Province $1,600,000 out of reserves, thereby plac- ing the Commission in the very satis- factory position of not owing the Gov- ernment a single dollar other than loans on capital account which are being paid olt by sinking fund as provided by "With like annual contributions to the reserves of the Commission. with interest at 4 per cent., taking no ac- count of augmented power revenues. It is estimated that the reserves of the Commission will exceed the present capital expenditure of 8211,000,000 in a period ot fifteen years." Capital Investment. law. Increases Noted. Total October, October, 1927. 1928. 810,322 19,247 8,246 3,290 43,603 18,480 43,458 3,054 $211,21T,481.46 _ 89,000,000.00 $161,994,023.6t 3,546,340.02 1,852,165.93 I,189,021.46 14,332,937.23 201,331.53 879.357 20,082 9,896 2,351 48,910 20,241 47,493 3.170 1'i','l,'r'rt of Quebec for 200,000'horse- power, to be delivered on the Ottawa River " the Rovincial boundary, to augment the power supply of the Ni- agara System and during the year a steel tower transmission line was con- l structed from the Ottawa River to To- I ronto to transmit this power " 220,000 {volts at an expenditure of about $3,- (000,000. This additional source ot r power supply will add much to the con- Anuity of service supplied from the iCommission's present sources of power , from the Niagara System, and plans are now under way for the construction of a second transmission line between the Ottawa River and Toronto, which will 'iurther add to the reliability of the service. The first block of this power. some 80,000 horsepower, was delivered in October, 1928, and the contract pro- vides for additional power as required until the maximum is being used. i Georgian Bay System. a The increase in load on the Geor- lgian Bay system necessitated the com- I mencement of the construction of work ion a new development at Trethewey {Falls on the Muskoka River, which will have a capacity ot 2300 horse- power, and a study was made and I report submitted regarding the matter of further developments to supply this }system with additional power from (plants on the Musquash River, with itotal capacities in three or tour sites of 40,000 horsepower. and work on a new development to obtain power from the Musquash River or some other de- I velopment must be proceeded with dur. ;ing the present year, such as a con- 1,nection with the Niagara System. iThunder Bay System. 3 The demand for power on the Thun- lder Bay System was increased by 5,- 3300 horsepower during the fiscal year land by over 10,000 horsepower during the calendar year over the peaks used I during 1927. This rapid increase in the 'power requirements or industries m sthis district has made it necessary for the Commission to consider the matter of proceeding with the development on the Nipigon River at Alexander Land- ing. Work on this development is al- ready under way. and when completed will add an additional capacity to the system of approximately 54,000 horse- power. ,Easiern Ontario Systems. The generating plants supplying power to the Nipissing System are loaded to capacity. and during the year construction work hes beep car- rled on on a. new generating plant at Elliott's Chute, having a capacity of 2,400 horsepower. which is expected to be put into operation during the pres- ent year. This additional power is ex- pected to meet the growth in the dig.. trict. during the next three or tour years. This arrangement provides for power being supplied from one source to meet the growth in load on the four Eastern systems. and 150 miles of transmission lines were constructed during the year to transmit this power from the in- terprovinclal boundary on the Ottawa River to the Ottawa, Rideau, St. Law- rence and Central Ontario Systems, and through this agreement these tour systems have available sufficient power to meet all the requirements for pos- sibly a number ot years, although it is hoped the favorable conditons at- tending the supply of this power will help to bring about a much greater activity in industrial development in this part of the Province. Nipissing System. The growth of the loads by the vari- ous systems in the eastern part of the Province has exhausted all the available supply from the generating plants sup- plying these systems. making it neces- sary for the Commission to obtain an additional source ot power supply. The Commission called tor tenders during the year 1927 on a. large block ot power for use on the four systems in Eastern Ontario, and finally entered into a contract with the Gatineau Power Company tor a maximum of 100,000 horsepower at a very advantageous rate. The contract provided that this power shall be taken and paid for in minimum blocks of 6,000 horsepower per year for the first ten years.