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The classifications adopted by us have been prepared to meet the conditions existing in this State and differ in a number of important particulars from the classifications proposed by the National Association of Railway and Utilities Commissioners.
The order prescribing the new systems of accounts provided that they should become effective on July 1, 1924, but also that corporations desiring to place them in effect before July 1st might do so from and after the first day of any month prior to July 1st. As a result of this optional clause the Commission is informed that a very large number of the utilities began to keep their books and records under the new plan on January 1, 1924.
The new classifications do not affect utilities having average annual operating revenues of less than $10,000 per year until the further order of the Commission.
PRINTING OF ANNUAL REPORTS
The printing and distribution of all back reports of former Commissions, both First and Second Districts, were completed during the early months of the year 1923. The complete statistical report of the present Commission covering utility operations for the year 1922 is now all in type (1060 pages) and will very soon be ready for distribution. It will thus be seen that the printing of this very important financial and operating information has been so advanced that its publication hereafter will be of more general and timely interest to the public, to investment bankers and to the corporations under the jurisdiction of the Commission. January 14, 1924.
WILLIAM A. PRENDERGAST,
CHARLES VAN VOORHIS,
OLIVER C. SEMPLE,
JAMES A. PARSONS,
STATISTICS OF PUBLIC UTILITIES UNDER THE JURISDICTION OF THE
SUMMARIZED OPERATING RESULTS - TABULATIONS COVER YEARS ENDING
For comparative summaries for years preceding those covered by this appendix, reference should be had to the preceding Annual Reports of the former Public Service Commissions, First and Second Districts, respectively, and to the preceding Annual Reports of this Commission.
TABLE I. ELECTRICAL AND GAS CORPORATIONS
(A) Summary FOR NEW York City
Intercompany sales for redistribution are eliminated. Operations of the Long Acre Electric Light and Power Company are excluded.
(a) 1. e., operating expenses (exclusive of depreciation) less revenue from inter-company sales, residuals and miscellaneous sources.
(b) Operating expenses, uncollectible bills and taxes, less all revenue other than for energy sold to
(c) Less by $2,531.268 than the amount shown in the 1921 report which erroneously included payments by electric conduit companies.
(d) Second week in December for weekly employees; month of December for monthly employees.
TABLE I. ELECTRICAL AND GAS UTILITIES
(B) THE STATE OUTSIDE OF NEW YORK CITY
This summary includes only such corporations as reported revenues exceeding $25.000 in either electric or gas department. Considerable duplication is involved in sales of electricity or gas to another utility for re-sale to consumers.
1 Includes also uncollectible bills.
148,844 45.8 $7,623,901
2 Percentages within parentheses apply to electrical corporations and electric-gas respectively. • Percentages within parentheses apply to gas corporations and gas-electric corporations respectively.
TABLE II. NATURAL GAS CORPORATIONS
SUMMARY OF CORPORATIONS HAVING ANNUAL REVENUES OF MORE THAN $25,000