Type | Public Company |
---|---|
Industry | Electricity supply |
Founded | 7 May 1929 |
Defunct | 31 March 1948 |
Fate | Nationalisation |
Successor | British Electricity Authority |
Headquarters | London , United Kingdom |
Area served | North Wales; East Suffolk; South Somerset; Trent Valley and High Peak; West Hampshire; and Ringwood |
Key people | See text |
Services | Electricity supply |
Revenue | See tables |
The British Power and Light Corporation Limited, also known as the British Power & Light Corporation (1929) Limited was registered in 1929 to acquire a controlling interest in electricity undertakings in North Wales; East Suffolk; South Somerset; Trent Valley and High Peak; West Hampshire; and Ringwood, Hampshire. The corporation operated for 19 years and was abolished upon the nationalisation of the British electricity supply industry in 1948.
The British Power & Light Corporation Limited was registered on 7 May 1929 as a holding company by a group of British merchant bankers to assume control of, and develop, a number of electricity undertakings in England and Wales. [1]
The inaugural board of directors were: [2]
The company's registered office was 27 Old Broad Street, London EC2. [2]
After establishment the British Power and Light Corporation acquired a controlling interest in two companies: [2]
In addition, it acquired the whole of the share capital of five electricity undertakings: [2]
The British Power & Light Corporation was one of a number of electricity holding companies that had a wide and disparate geographical range of interests. Other such companies included: Christy Bros. and Company Limited; Edmundsons Electricity Corporation Limited ; Electrical Finance and Securities Company Limited; Midland Counties Electric Supply Company Limited. [3]
The North Wales Power Company had increased its sales and revenue during the 1920s: [2]
Year | Electricity sold, Gwh | Revenue£, |
---|---|---|
1921 | 7 | 29,263 |
1922 | 8 | 34,726 |
1923 | 12 | 59,247 |
1924 | 14 | 71,771 |
1925 | 19 | 87,787 |
1926 | 30 | 145,801 |
1927 | 38 | 168,770 |
1928 | 42 | 180,416 |
However, the company's profits had not been commensurate with its capital because of a shortage of generating plant (only 5.5 MW). This meant that electricity had to be purchased. [2]
The North Wales Power Company owned three hydro-electric power stations: [4]
To raise capital from its inception the British Power & Light Corporation offered 1,600,000 shares of £1 each on the Stock Exchange in May 1929. [2]
The gross revenue of the North Wales company from the sale of electricity rose steadily during the 1930s, as shown: [5]
Year | Sales to consumers | Sales to CEB (note) | Sales to Distribution Co | |||
---|---|---|---|---|---|---|
Electricity, MWh | Revenue | Electricity, MWh | Revenue | Electricity, MWh | Revenue | |
1932 | 65,486 | £247,717 | Nil | Nil | 10,219 | £154,186 |
1933 | 73,563 | £274,171 | Nil | Nil | 14,017 | £190,284 |
1934 | 85,462 | £304,372 | 29,501 | £92,083 | 17,155 | £227,371 |
1935 | 97,765 | £336,072 | 47,765 | £119,126 | 21,782 | £276,199 |
1936 | 107,550 | £365,302 | 41,852 | £118,648 | 26,523 | £336,946 |
1937 | 118,467 | £397,245 | 39,770 | £121,137 | 33,475 | £393,521 |
Note: The Central Electricity Board (CEB) was established in 1926 to construct the national grid and to control and purchase electricity from selected power stations. [6]
A summary and breakdown of the operating and financial data in 1937 for the constituent companies is shown on the table. [7]
North Wales | North Wales Distribution | East Suffolk | South Somerset | Trent Valley & High Peak | West Hampshire | Ringwood | |
---|---|---|---|---|---|---|---|
Generating Capacity, MW | 52.2 | Nil | Nil | Nil | Nil | Nil | 0.145 |
Electricity Generated, MWh | 36,789 | 0 | 0 | 0 | 0 | 0 | 356.1 |
Electricity Purchased, MWh | 108,376 | 19,248 | 2,422 | 5,085 | 5,699 | 5,134 | 1,042 |
Electricity Sold, MWh | 127,844 | 16,796 | 2,153 | 4,504 | 5,243 | 4,415 | 1,277 |
Electricity Sold£, | 408,853 | 195,441 | 24,693 | 40,930 | 40,056 | 49,026 | 11,703 |
No. of Consumers | 3,435 | 39,741 | 3,601 | 4,911 | 5,957 | 7,071 | 1,552 |
Connections on system, kW | 73,724 | 50,104 | 4,871 | 8,114 | 10,923 | 7,633 | 1,923 |
Gross surplus£, | 261,388 | 70,869 | 14,890 | 18,987 | 21,818 | 25,866 | 5,507 |
To raise further capital, in December 1938 the British Power & Light Corporation offered £4 million of shares on the Stock Exchange. [5]
The board of directors in 1938 were: [5]
The registered office was Artillery House, Artillery Row, Westminster, London SW1. [5]
In its last full year of operation (1947) a summary and breakdown of the operating and financial data for the constituent companies is shown on the table. [8]
North Wales | North Wales Distribution | East Suffolk | South Somerset | Trent Valley & High Peak | West Hampshire | Ringwood | |
---|---|---|---|---|---|---|---|
Electricity Generated, MWh | 51,875 | Nil | Nil | Nil | Nil | Nil | 166 |
Electricity Purchased, MWh | 309,048 | 57,240 | 11,880 | 18,378 | 19,758 | 219,240 | 7,633 |
Electricity Sold, MWh | 336,601 | 49,871 | 9,596 | 16058 | 17,992 | 201,800 | 7,599 |
Electricity Sold£, | 1,201,026 | 458,519 | 68,602 | 123,824 | 119,058 | 915,044 | 41,227 |
Gross surplus£, | 368,209 | 181,863 | 19,061 | 38,941 | 43,972 | 168,134 | 8,435 |
The British Power & Light Corporation Limited and all its constituent Companies were abolished on 31 March 1948 when the British Electricity Industry was nationalised. [6] The generating plant and transmission systems devolved to the British Electricity Authority and the distribution systems to the appropriate geographical Electricity Board, for example the Merseyside and North Wales Electricity Board, the Southern Electricity Board, the Eastern Electricity Board. [4]
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The Charing Cross and Strand Electricity Supply Corporation Limited was a British electricity undertaking. It was incorporated as a public company in 1889 to generate and supply electricity to parts of the City of Westminster, Holborn and later the City of London. From 1925 it worked jointly with other companies as part of the London Power Company. The company was abolished on 31 March 1948 when the British electricity industry was nationalised, and its assets were transferred to the British Electricity Authority and the London Electricity Board. The Charing Cross Corporation's Bow power station continued in operation until 1969.
The Norwich power stations were a sequence of electricity generating stations that provided electric power to the City of Norwich and the wider area between 1893 and 1986. The first station in Duke Street began operating in 1893, a new power station at Thorpe was in service from 1926 to 1967, this was supplemented with a 'high pressure' station, 1937–1975, and finally a gas turbine station operated from 1964–1986.
Dolgarrog Power Station in Dolgarrog, Wales was originally built in 1907 as part of an aluminium smelting plant. It uses water turbines to drive electricity alternators. Public supplies began in 1922 when power lines were constructed to transmit electricity from the power station to Colwyn Bay, Conwy and Llandudno. The station was vested in the British Electricity Authority and its successors following nationalisation in 1948. It is currently (2021) operated by RWE NPower UK.
Aberystwyth power station supplied electricity to the town of Aberystwyth from 1895 to the 1970s. The oil-engine station was operated by a succession of private and public owners including Aberystwyth Corporation prior to the nationalisation of the electricity industry in 1948. The power station, with an ultimate capacity of 5 MW, was redeveloped as demand for electricity grew and old plant was replaced.
Lymington power station supplied electricity to the town of Lymington, Hampshire and the surrounding area from 1899 to 1959. The electricity generating station was owned and operated by a succession of electricity companies prior to nationalisation of the British electricity supply industry in 1948. The station was initially coal-fired but later oil engines were installed. Lymington power station was closed on 31 March 1959.
The Wessex Electricity Company was an electricity generating and supply organisation that operated in south and south-west England from its establishment in 1927 until it was dissolved as a consequence of the nationalisation of the British electricity supply industry in 1948.
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Nelson power station supplied electricity to the town of Nelson, Lancashire and the surrounding area from 1892 to 1960. The power station was owned and operated by Nelson Corporation prior to the nationalisation of the British electricity supply industry in 1948. It was redeveloped in 1922 to 1925 to meet the increased demand for electricity.
Stockport power station supplied electricity to the town of Stockport, Cheshire and the surrounding area from 1899 to 1976. The power station was owned and operated by Stockport Corporation prior to the nationalisation of the British electricity supply industry in 1948. It was redeveloped several times to meet the increased demand for electricity.
Warrington power station supplied electricity to the town of Warrington, Lancashire and the surrounding area from about 1900 to 1979. The power station was initially developed by the Warrington and District Electric Light and Power Company Limited, this was taken over by Warrington Corporation, which operated the power station prior to the nationalisation of the British electricity supply industry in 1948. It was redeveloped several times to meet the increased demand for electricity.
Newbury power station supplied electricity to the town of Newbury, Berkshire and the surrounding area from 1905 to 1970. It was owned and operated by a succession of public and private organisations. It comprised, at various times, hydro-electric, gas engine and diesel engine powered plant with a maximum output capacity of 2.57 MW.
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