South London Electric Supply Corporation

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South London Electric Supply Corporation
Company typePublic limited company
IndustryEnergy: Electricity supply
PredecessorLambeth Vestry
Founded4 December 1896
Defunct31 March 1948
FateNationalisation
Successor British Electricity Authority and London Electricity Board
Headquarters
London
Area served
Metropolitan Borough of Lambeth
ServicesElectricity supply
Revenue£355,529 (1936)

The South London Electric Supply Corporation Limited was a British electricity undertaking. It was established in 1896 to supply electricity to the parish/borough of Lambeth in south London. The Corporation owned and operated a power station at Loughborough Junction. From 1925 it formed an association with three other London companies to centralise electricity generation in the new, high thermal efficiency, power station at Barking. The South London Electric Corporation was abolished in March 1948 upon the nationalisation of the British electricity supply industry.

Contents

Background

The South London Electric Supply Corporation Limited was registered on 4 December 1896 and took over the electricity supply interests of the Lambeth Vestry (later the Metropolitan Borough of Lambeth) in 1897. [1] The Vestry had been granted a Provisional Order by the Board of Trade to supply electricity to the parish of Lambeth in 1892. This was confirmed by Parliament in the Electric Lighting Orders Confirmation (No. 6) Act 1892. The supply area was all the Lambeth Vestry/Metropolitan Borough except small parts in the north and south and the detached part of the parish of Streatham. [2]

The corporation had an authorised capital of £325,000 comprising 65,000 shares of £5 each, there were 594 shareholders in 1898. [1] The Corporation built a power station in Bengeworth Road Loughborough Junction (51°27'59"N 0°05'48"W) [3] in the Borough of Lambeth together with a high voltage distribution cable network. Part of the agreement with the vestry was that the corporation would burn dustbin refuse receiving 11½d. per ton destroyed and would provide current for 25 street lights free of charge. Electricity supply started in November 1899. [1]

Operations

Management Board

The management board of the South London Electric Supply Corporation in 1898 comprised: [4]

The company offices were at Bengeworth Road, Loughborough Junction, London. [4]

Power station

In 1923 the plant at Loughborough Junction comprised: [5]

These machines had a total generating capacity of 7,350 kW. [6]

The power station had a single chimney. [7]

The electricity available to customers was: [5]

Operational data

The following table summarises the growth of the Corporation in terms of capacity of the plant, the electricity load, the amount of current sold, and the number of customers. [2] [4] [8] [9] [10] [11] [12]

South London Corporation operating data, 1901–1936
YearCapacity of plant, kWMax load, kWElectricity generated, MWhElectricity sold, MWhNo. customersConnected load, kW Load factor, per cent
1901222
19021,093
19036,0003,0865,4781,4531,45028.18
19041,786
19051,871
19062,110
19072,661
19083,250
19137,0003,1306,3185,0002,7949,60018.2
19197,0005,1027,6997,5654,36517,05016.9
19216,0008,0168,59718,30020.7
19226,4488,0368,93119,70019.6
19237,0007,1689,00010,5336,60021,30020.5
19310033,904
19330036,057
19340041,944
19350046,105
1936022,717055,81033,47479,12631.8

The growth in sales of electricity in MWh is shown in the following graphs.

The dust destructor was decommissioned in 1900 as fumes caused a local nuisance. [2]  

Electricity use

Electricity was originally used for lighting but ‘power’ uses were soon established. The following table illustrates the changing patterns of use. [10] [5] [11] [12]

End use of electricity, 1921–1936, MWh
Use, MWhYear
192119221923192419311936
Public lighting11288129881875955
Domestic supply3,1843,6614,52911,94033,71930,480
Power and heat5,3015,1825,87524,734
Traction000000
Bulk supply000000
Total8,5978,93110,53312,02833,90455,810

Financial statistics

The capital required to establish, build and operate the business was raised through the offer of shares. Capital expenditure was needed for the purchase of land, buildings, machinery, mains, transformers, meters, electrical instruments, legal costs, fixtures and furniture at the stations. [1]

The South London Corporation current account revenue was as follows. [4]

The South London Corporation current account revenue, 1901–1908
YearRevenue from consumersProfits before interest
1901£17,571£1,691
1902£20,445£7,366
1903£25,720£18,936
1904£29,230£31,347
1905£28,210£30,134
1906£28,934£18,046
1907£33,992£15,040
1908£36,500£18,000


Share offers were made on several occasions throughout the operating life of the corporation. For example, in 1908 an issue of £100,000 five per cent shares were offered. [4]

The overall revenue, expenses and profit for the South London Electric Supply Corporation were as shown. [5] [9] [8]

South London Corporation current account revenue, 1913–1923
YearRevenueExpenditureProfit
1913£48,880£18,697£26,633
1919£92,271£47,440£40,709
1922£127,182£71,732£60,162
1923£154,910£67,581£92,352
1936£355,529£232,629£122,900


To meet the requirement of increased demand, capital expenditure on new plant and equipment was required, as shown on the table below. [8] [5]

South London Corporation capital expenditure, 1907–1919
Year190719081909191019111912
Capital expenditure£18,709£10,070£9,272£17,030£11,514£20,065
Year191419151916191719181919
Capital expenditure£13,169£7,512£5,555£14,690£8,665£10,355


Dividends to shareholders were paid throughout the operational life of the company. Dividends as a percentage of the total capital raised in a given year were as shown, together with the average dividends paid by the London company electricity undertakings. [5]

South London Corporation shareholder dividends, 1900–1919
Year1900190119021903190419051906190719081909
Dividend %001.753.004.384.133.273.895.05.0
Average Dividend %4.605.295.555.515.795.655.405.145.125.07
Year1910191119121913191419151916191719181919
Dividend %5.05.05.365.425.155.075.075.075.075.69
Average Dividend %5.075.115.185.335.104.874.685.324.965.76

Joint working

The South London Corporation and three other companies in south and east London promoted the London Electricity (No. 1) Act 1925 (14 & 15 Geo. 5. c. lxii). The four companies were: the City of London Electric Lighting Company; the County of London Electric Supply Company Limited; the South London Electric Supply Corporation Limited; and the South Metropolitan Electric Light and Power Company Limited. They established a joint committee to specify how generating stations of each company were operated. [13] The companies remained district electricity supply undertakings; although they were physically joined with interconnecting cables. The companies envisaged that power stations such as Barking would provide enough capacity for their electricity requirements. The Act required equal consideration for the interests of shareholders and consumers. Dividends to shareholders were limited to 7 percent per year and the funds that could be carried forward in the accounts were restricted. Profits above these conditions formed a ‘consumers’ benefit’ in the form of lower prices. [13]

The County of London Company built the 118.75 MW Barking A power station which was commissioned in 1925. This was followed by the 303.5 MW Barking B commissioned from 1933. [14]

Under the terms of the Electricity (Supply) Act 1926 (16 & 17 Geo. 5. c. 51) [15] the Central Electricity Board (CEB) was established. [16] The CEB identified high efficiency ‘selected’ power stations that would supply electricity most effectively. The CEB also constructed the national grid (1927–33) to connect power stations within a region.

These interconnections and those provided by the national grid enabled the bulk transfer of electricity. In 1929 the South London Corporation decommissioned the Bengeworth Road power station and purchased its electricity needs (38,593 MWh in 1931) from the Central Electricity Board). [11]  

Nationlisation

The British electricity supply industry was nationalised in 1948 under the provisions of the Electricity Act 1947 (10 & 11 Geo. 6. c. 54). [17] The South London Electric Supply Corporation undertaking was abolished, ownership of bulk supply substations and transmission were vested in the British Electricity Authority, and subsequently the Central Electricity Authority and the Central Electricity Generating Board (CEGB). [16] At the same time the electricity distribution and sales responsibilities of the South London Electric Supply Corporation electricity undertaking were transferred to the London Electricity Board (LEB).

See also

Related Research Articles

The City of London Electric Lighting Company Limited (CLELCo) was a British electricity undertaking. It was formed in July 1891 to generate and supply electricity to the City of London and part of north Southwark. It owned and operated Bankside power station on the south bank of the river Thames. The company provided and stimulated demand for electricity, increased its generating capacity, and competed and co-operated with other electricity undertakings in London. The company was dissolved on 1 April 1948 when the British electricity industry was nationalised.

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.

Sculcoates power station supplied electricity to Kingston upon Hull and the wider East Yorkshire area from 1898. An earlier 1893 station in Dagger Lane had operated public lighting in Hull Old Town. Sculcoates power station was built and operated by Kingston upon Hull Corporation on a site in Sculcoates Lane adjacent to the Beverley and Barmston Drain. The power station was increased in size as demand for electricity grew, it was redeveloped several times: including major rebuilds in 1927–29 and in 1938–1952. The power station was closed in 1976 and was subsequently demolished.

Bath power station supplied electricity to the City of Bath and the wider area from 1890. The station was originally built and operated by the City of Bath Electric Lighting and Engineering Company Limited. The power station was on a site in Dorchester Street adjacent to the Old Bridge over the River Avon. The City of Bath Corporation assumed ownership in 1897. The power station was redeveloped several times: including a major rebuilding with new equipment in the 1920s. The station was closed in the late 1960s and was subsequently demolished.

Hammersmith power station supplied electricity to the London Borough of Hammersmith from 1897 to 1965. It was owned and operated by the Vestry / Borough of Hammersmith until the nationalisation of the British electricity supply industry in 1948. The power station was frequently redeveloped with new plant over its operational life to meet increased demands for electricity. It was decommissioned in 1965.

Barnes power station supplied electricity to the urban district of Barnes in south west London from 1901 to 1959. It was owned and operated by Barnes District Council until the nationalisation of the British electricity supply industry in 1948. The power station was decommissioned in 1959 and the building has been reused.

Wandsworth power station supplied electricity to the London district of Wandsworth and to Putney, Tooting Graveney, Streatham and Clapham from 1897 to 1964. It was owned and operated by the County of London Electric Lighting Company Limited until the nationalisation of the British electricity supply industry in 1948. The power station was redeveloped during its operational life until it was decommissioned in 1964.

<span class="mw-page-title-main">County of London Electric Supply Company</span> Former British electricity company

The County of London Electric Supply Company Limited (C.L.E.S.Co) was a British electricity undertaking. It was incorporated as a public company in 1891 to generate and supply electricity to parts of south west London and two parishes adjacent to the City of London. It owned and operated power stations at Wandsworth and City Road. From 1925 it cooperated with three other London companies, with the intention of centralising electricity generation in the new, high thermal efficiency, power station at Barking. The company was abolished in March 1948 upon the nationalisation of the British electricity supply industry.

The South Metropolitan Electric Light and Power Company Limited was a British electricity undertaking. It was established in 1904 upon the amalgamation of two south London companies which had supplied electricity in south east London since 1893. It owned and operated a power station at Blackwell Point and one at Penge. From 1925 it formed an association with three other London companies, with the intention of centralising electricity generation in the new, high thermal efficiency, power station at Barking. The South Metropolitan Company was abolished in March 1948 upon the nationalisation of the British electricity supply industry.

Barrow-in-Furness power station supplied electricity to the town of Barrow-in-Furness and the wider area of Lancashire, England from 1899 to about 1960. It was owned and operated by Barrow-in-Furness Corporation until the nationalisation of the UK electricity supply industry in 1948. The power station was redeveloped throughout its operational life. Barrow-in-Furness Corporation also operated Coniston hydro-electric power station.

Canterbury power station supplied electricity to the city of Canterbury, Kent, England from 1900 to 1960. This small generating station was owned and operated by Canterbury Corporation until the nationalisation of the British electricity supply industry in 1948. The power station was redeveloped several times: including the incorporation of new plant in the 1920s. Canterbury power station was decommissioned in about 1960.

Halifax power station supplied electricity to the town of Halifax and the wider area from 1894 to the 1960s. It was owned and operated by Halifax Corporation until the nationalisation of the electricity supply industry in 1948. The power station was redeveloped several times and at its peak had a generating capacity of 48 MW.

Reading power station, Berkshire, England supplied electricity to the town of Reading and the surrounding area from 1895 to the 1960s. It was initially owned and operated by the Reading Electric Supply Company Limited, then from 1933 by the Reading Corporation until the nationalisation of the British electricity supply industry in 1948. The power station was redeveloped several times with new equipment replacing retired plant. The station was decommissioned in the late 1960s.

Colchester power station supplied electricity to the city of Colchester, Essex, England and the surrounding area from 1900 to 1960. It was owned and operated by Colchester Corporation prior to the nationalisation of the electricity supply industry in 1948. The power station was redeveloped several times incorporating new plant.

Stafford power station supplied electricity to the town of Stafford, England and the surrounding area from 1895 to 1958. It was initially owned and operated by Stafford Corporation, then by the North West Midlands Joint Electricity Authority prior to the nationalisation of the British electricity supply industry in 1948. The power station was redeveloped in the 1920s, but after 1935 it was a standby plant used at times of peak demand. Stafford power station was decommissioned in 1958.

Scarborough power station supplied electricity to the town of Scarborough and the surrounding area from 1893 to 1958. It was owned and operated by the Scarborough Electric Supply Company Limited from 1893 to 1925, then by Scarborough Corporation until the nationalisation of the British electricity supply industry in 1948. The coal-fired power station had an ultimate electricity generating capacity of 7 MW prior to its closure in October 1958.

South Shields power station supplied electricity to the borough of South Shields and the surrounding area from 1896 to 1958. It was owned and operated by South Shields Corporation until the nationalisation of the British electricity supply industry in 1948. The power station was redeveloped several times to meet increasing demand It was decommissioned in 1958.

Burnley power station supplied electricity to the town of Burnley, Lancashire from 1893 to 1958. The electricity station was owned and operated by Burnley Corporation prior to the nationalisation of the British electricity industry in 1948. It was redeveloped as demand for electricity grew and old plant was replaced, and had an ultimate generating capacity of 8 MW in the 1920s. The station closed in 1958.

Ramsgate power station supplied electricity to the town of Ramsgate, Kent, England and the surrounding area from 1905 to 1958. The station was operated by the Ramsgate and District Electric Supply Company Limited until the nationalisation of the British electricity supply industry in 1948. The coal-fired power station had a maximum electricity generating capacity of 2 MW.

Wimbledon power station supplied electricity to the Borough of Wimbledon and the surrounding area from 1899 to 1968. The power station was developed by the Wimbledon Corporation which operated it up to 1933. The London and Home Counties Joint Electricity Authority operated the station from 1933 until the nationalisation of the British electricity supply industry in 1948. It was redeveloped by the owners several times to meet the increased demand for electricity.

References

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  3. Ordnance Survey 25-inch map London IX.6 Camberwell; Lambeth St Mary Revised 1913 published 1916
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  14. "London's Power Stations". metadyne. Retrieved 5 September 2020.
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  17. "Electricity Act 1947". legislation.gov.uk. Retrieved 5 September 2020.