1. Rural Electrification Before the REA "A Case Study
... the cost of transmission lines from Sabetha to stockholders. In many cases the $250 purchase of the initial stock was facilitated by more well to do members of the Berwick Company extending credit to their neighbors until the household could pay back the debt. R.D. Farrell addresses this issue in his report for the Agricultural Experiment Station, "In due course, stockholders became able to pay for their shares and the notes ... more consumers were added to Berwick transmission lines the cost of power purchased from the Sabetha municipal company fell from 4.5 cents per kwh in 1924 to 2 ce...
- Word Count: 2205
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate