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Following a. long established policy to lower your electm
rates whenever possible, -we are glad to announce a rate
reduction effective as of FEBRUARY 1, 1945. This reduc
tion representing an estimated annual saving to our custom
ers of approximately $325,000 will apply to every HOME
and COMMERCIAL ESTABLISHMENT in the territory
served by The California Oregon Power Company as well
as to general POWER and AGRICULTURAL POWER
customers and those using AUTO CAMP SERVICE.
Reductions applying to residential service will save home
owners $165,000 a year will average about ELEVEN PER
CENT. The reduction applying to commercial establish
ments will average FOURTEEN PER CENT.
Residential customers will be glad to know that the new
reduced rate assures them complete electric service at a
price comparable with the lowest in the nation. This new
rate is expeeted to open the door for ELECTRIC HOUSE
HEATING.
Rural residential customers will welcome the fact that they
, enjoy the same low rates and same reductions as urban
users, and their cost for electric service is one of the lowest
m any rural area in the United States.
The 1944 estimated national average cost of electricity sold
to residential customers Is 3.5 cents per kilowatt hour, con
trasted with Copco's average of 1.95 cents, a cost which
will be further reduced under the new rate schedule.
You, the electric-minded people of this area, have helped
to make possible these lower rates. At the same time you
have had a real share In Copco's substantial tax contribu
tions to the nation. Copco's 1945 tax bill is expected to be
approximately $1 ,800,000.
While we feel sure that these reductions, coming al a time
when most other items of living costs are advancing, will be
appreciated, we wish to assure you that it is not our purpose
and aim to stop here. We intend to continue in our efforf
to serve you better and at less cost in the years to come, and
h Is our hope that these presently announced reductions
1 prove to be only the forerunner of others to follow.
j4; 'S. Cummins
MESIDEHT