Type | Public limited company |
---|---|
Industry | Energy: Electricity generation and supply |
Predecessor | Crystal Palace District Electric Supply Company; Blackheath and Greenwich District Electric Light Company |
Founded | 16 June 1904 |
Defunct | 31 March 1948 |
Fate | Nationalisation |
Successor | British Electricity Authority and London Electricity Board |
Headquarters | London |
Area served | London, Kent (part), Surrey (part) |
Key people | see text |
Services | Electricity supply |
Revenue | £27,796 (1923) |
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.
The South Metropolitan Electric Light and Power Company Limited took over the interests of several early south London electricity supply companies.
The Electric Construction and Maintenance Company was registered on 30 June 1883. [1] The name was changed to the Electric Installation and Maintenance Company on 2 December 1889, and then to the Crystal Palace District Electric Supply Company on 19 December 1891. A Provisional Order to supply electricity was granted by the Board of Trade in 1890. [2] The Crystal Palace District Company supplied electricity to parts of the districts Camberwell, Lambeth, Lewisham, Croydon, Beckenham and Penge from February 1893. [1]
The Blackheath and Greenwich District Electric Light Company Limited was registered on 11 May 1896. [1] A Provisional Order was granted by the Board of Trade in 1897 [3] to supply electricity to Greenwich, Charlton, Eltham, Lee, Kidbrook, and Lewisham. The local authorities had the right to purchase the part of the undertaking within its district at a premium of 33 per cent above the capital expended. Electricity supplies started from Blackwall Point power station in 1900. [1]
On 16 June 1904 the Crystal Palace District undertaking was taken over by the Blackheath and Greenwich District Electric Light Company Limited. Following the take-over the combined undertaking was known as the South Metropolitan Electric Light and Power Company Limited. [1] The Company’s supply area comprised the Metropolitan Boroughs of Lewisham and Greenwich except the parish of St Nicholas Deptford, the Urban District of Penge, a small part of the south of the Metropolitan Borough of Lambeth, and a small part of the south of the Metropolitan Borough of Camberwell. The Company was authorised to supply current to small areas in the Croydon County Borough and the Beckenham and Penge Urban Districts. [4]
The management board of the South Metropolitan Company in 1909 comprised: [5]
The company offices were at 183-185 High Street Lewisham.
In 1936–38 the board was composed of: [6]
The company offices were at County House, 46/47 New Broad Street, London EC2. [6]
The Crystal Palace District generating works was known as the Springfield Works, and was located in Springfield Road, Sydenham. The works were opened in 1893 and closed about 1904–10. [7]
Penge power station also supplied electricity to the South Metropolitan Company system. [7]
The Blackheath and Greenwich Company build a power station at Blackwall Point on the site of the East Greenwich tide mill. It opened in February 1900. [7]
In 1923 the plant at Blackwall Point comprised: [8]
These machines had a total generating capacity of 20,000 kW.
The electricity available to customers was:
The amount of electricity load for the Crystal Palace District undertaking was as follows: [5]
Year | Equivalent 8 candle-power (35 W) lamps | Electricity load, kW |
---|---|---|
1893 | 3,913 | 136.9 |
1894 | 7,337 | 256.8 |
1895 | 9,058 | 317.0 |
1896 | 12,103 | 423.6 |
1897 | 16,523 | 578.3 |
1903 | 31,400 | 1,099.0 |
The amount of electricity and number of customers of the Blackheath and Greenwich District operations 1900–03 was as follows. [5]
Year | No. of 8 c-p ( 35 W) lamps | Electricity load, kW | No. of customers |
---|---|---|---|
1900 | 14,473 | 506.6 | 342 |
1901 | 29,449 | 1,030.7 | 746 |
1902 | 44,961 | 1,573.6 | 1,234 |
1903 | 60,540 | 2,118.9 | 1,784 |
Both data tables demonstrate the rapid increase in electricity demand for electricity during this period. Comparative data for the Blackheath and Crystal Palace undertakings in 1903 was as follows. [5] [4]
Undertaking | Blackheath and Greenwich | Crystal Palace |
---|---|---|
Capacity of plant, kW | 2,000 | 855 |
Maximum load, kW | 1,035 | 530 |
No. of customers | 1,734 | – |
Equivalent 8 c-p lamps | 60,540 | 31,400 |
Electricity sold, MWh | 1,180 | 424 |
Load factor, per cent | 13.02 | 9.10 |
The data demonstrates that the Crystal Palace undertaking was about half the size of the Blackheath and Greenwich undertaking.
The business of the South Metropolitan Company increased to meet the rising demand for electricity. The following table summarises the growth of the Company in terms of capacity of the plant, the electricity load, the amount of current sold, and the number of customers. [1] [4] [5] [6] [8] [9] [10] [11]
Year | Capacity of plant, kW | Max load, kW | Electricity sold, MWh | No. customers | Connected load, kW | Load factor, per cent |
---|---|---|---|---|---|---|
1904 | 2,000 | 1,035 | 1,180 | 2,555 | 13.02 | |
1905 | 2,858 | |||||
1906 | 3,201 | |||||
1907 | 3,383 | |||||
1908 | 3,649 | |||||
1912 | 6,000 | 4,000 | 5,481 | 5,263 | 9,060 | 15.6 |
1913 | 6,662 | |||||
1919 | 20,000 | 8,500 | 15,643 | 7,641 | 21,332 | 21.0 |
1921 | 20,000 | 10,150 | 17,643 | 22,900 | 25.0 | |
1922 | 20,000 | 9,000 | 19,698 | 24,160 | 29.3 | |
1923 | 20,000 | 10,000 | 20,765 | 24,430 | 29.8 | |
1924 | 25,182 | |||||
1931 | 55,864 | |||||
1933 | 75,643 | |||||
1934 | 97,785 | |||||
1935 | 113,338 | |||||
1936 | 20,000 | 50,140 | 139,650 | 48,177 | 170,419 | 33.4 |
1946 | 15,680 | 15,337 |
The growth in sales of electricity in MWh is shown on the following graphs.
From 1903 the South Metropolitan Company was authorised to supply electricity in bulk to the West Kent Electric Company; [12] in 1923 the South Metropolitan supplied the Kent Company 5,323 MWh. [13]
Electricity was originally used for lighting but ‘power’ uses were soon established. The following table illustrates the changing patterns of use. [14] [8] [13]
Use, MWh | Year | |||||
---|---|---|---|---|---|---|
1921 | 1922 | 1923 | 1924 | 1931 | 1936 | |
Public lighting | 0 | 0 | 0 | 0 | 71 | 874 |
Domestic supply | 3,162 | 3,738 | 4,265 | 19,644 | 40,335 | 47,888 |
Power and heat | 9,381 | 9,863 | 11,732 | 41,222 | ||
Traction | 0 | 0 | 0 | 0 | 0 | 0 |
Bulk supply | 5,099 | 5,097 | 4,707 | 5,538 | 14,458 | 49,666 |
Total | 17,643 | 18,698 | 20,705 | 25,182 | 55,864 | 139,650 |
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 capital expenditure for the Crystal Palace Company in 1896 was £75,770 1s 9d, and in 1897 was £7,965 15s 1d. [1]
Year | Receipts, £ s d | Working cost £ s d |
---|---|---|
1893 | 857 17 2 | 3,354 11 5 |
1894 | 1,977 14 7 | 3,675 12 3 |
1895 | 2,611 2 10 | 3,668 18 0 |
1896 | 3,491 15 9 | 4,305 17 6 |
1897 | 4,604 2 8 | 5,244 10 2 |
The Blackheath and Greenwich, and South Metropolitan (from 1904) Company current account revenue was as follows. [5]
Year | Gross revenue, £ s d | Expenditure, £ s d | Net revenue, £ s d |
---|---|---|---|
1900 | 4,195 2 1 | 4,050 4 2 | 114 17 11 |
1901 | 7,080 9 7 | 5,658 5 4 | 2,150 4 3 |
1902 | 14,334 5 2 | 6,978 13 10 | 7,355 11 4 |
1903 | 19,450 1 10 | 8,409 0 0 | 11,041 1 10 |
1904 | 28,793 16 6 | 12,222 0 3 | 16,574 16 3 |
1905 | 35,421 13 11 | 13,290 4 7 | 22,131 9 4 |
1906 | 38,244 13 6 | 14,125 15 10 | 24,118 17 8 |
1907 | 43,302 9 5 | 16,234 10 3 | 27, 067 19 0 |
1908 (estimate) | 43,000 0 0 | 16,000 0 0 | 27,000 0 0 |
Share offers were made on several occasions throughout the operating life of the company. For example, in 1909 an issue of 50,000 six per cent shares at £1 were offered. In 1938 an issue of £500,000 3½ per cent debenture stock and 500,000 4 per cent £1 shares were offered. [5] [6]
The overall revenue, expenses and profit for the South Metropolitan Company were as shown. [8] [13]
Year | Revenue, £ | Expenditure, £ | Profit, £ |
---|---|---|---|
1913 | 56,465 | 19,488 | 3,933 |
1919 | 160,929 | 91,442 | 84,901 |
1922 | 216,760 | 116,493 | 101,316 |
1923 | 227,796 | 95,176 | 134,929 |
To meet the requirement of increased demand, capital expenditure on new plant and equipment was required, as shown on the table below. [9] [14]
Year | 1907 | 1908 | 1909 | 1910 | 1911 | 1912 |
---|---|---|---|---|---|---|
Capital expenditure | £42,282 | £38,922 | £19,062 | £20,719 | £18,622 | £24,126 |
Year | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 |
Capital expenditure | £19,805 | £22,869 | £52,890 | £54,300 | £63,398 | £94,329 |
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. [14] [9]
Year | 1900 | 1901 | 1902 | 1903 | 1904 | 1905 | 1906 | 1907 | 1908 | 1909 |
---|---|---|---|---|---|---|---|---|---|---|
Dividend % | 0.66 | 2.19 | 2.19 | 3.01 | 3.21 | 4.30 | 4.73 | 4.52 | 4.73 | 4.28 |
Average dividend % | 4.60 | 5.29 | 5.55 | 5.51 | 5.79 | 5.65 | 5.40 | 5.14 | 5.12 | 5.07 |
Year | 1910 | 1911 | 1912 | 1913 | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 |
Dividend % | 4.28 | 4.29 | 4.29 | 4.29 | 4.37 | 5.14 | 5.16 | 5.51 | 5.07 | 5.69 |
Average dividend % | 5.07 | 5.11 | 5.18 | 5.33 | 5.10 | 4.87 | 4.68 | 5.32 | 4.96 | 5.76 |
Company profits in the mid-1930s were: £114,325 (1935); £119,762 (1936); and £149,933 (1937). [6]
The South Metropolitan Company and three other companies in south and east London promoted the London Electricity (No.1) Act 1925. 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. The companies remained district electricity supply undertakings; although they were physically joined with interconnecting cables. [15] 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. [15]
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. [7]
These interconnections and those provided by the national grid enabled the bulk transfer of electricity. In 1931 the South Metropolitan Company generated 35,157 MWh and purchased 30,216 MWh. [16]
Under the terms of the Electricity (Supply) Act 1926 (16-17 Geo. 5 c. 51) [17] the Central Electricity Board (CEB) was established. [18] 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.
The British electricity supply industry was nationalised in 1948 under the provisions of the Electricity Act 1947 (10-11 Geo. 6 c. 54). [19] The South Metropolitan Electric Light and Power Company Limited undertaking was abolished, ownership of Blackwall Point and Penge power stations were vested in the British Electricity Authority, and subsequently the Central Electricity Authority and the Central Electricity Generating Board (CEGB). [18] At the same time the electricity distribution and sales responsibilities of the South Metropolitan electricity undertaking were transferred to the London Electricity Board (LEB). [18]
Blackwall Point power station was operational until 1948, when the British Electricity Authority rebuilt it as a 100 MW station. Barking A and B power stations were operational until 1969 and 1976 respectively. [7]
Bankside Power Station is a decommissioned electricity generating station located on the south bank of the River Thames, in the Bankside area of the Borough of Southwark, London. It generated electricity from 1891 to 1981. It was also used as a training base for electrical and mechanical student apprenticeships from all over the country. Since 2000 the building has been used to house the Tate Modern art museum and gallery.
The utility infrastructure of London, England comprises a range of services and facilities that support and enable the functioning of London as a world city. Infrastructure includes facilities associated with products and materials that are consumed such as electricity, gas, water, heating and liquid fuels; materials that are produced such as sewage and solid waste; and facilities that enable communication and connectivity – telecommunications.
Blackwall Point Power Station was a coal-fired power station on the east side of the Greenwich Peninsula, in London. An early station from the 1890s was replaced in 1951 by a new station, which itself ceased operation in 1984. The station was constructed on a three-acre site at the north-west end of River Way to the south-east of the South Metropolitan Gasworks, since redeveloped as East Parkside.
Northampton power station was an electricity generating station in Northampton, Northamptonshire, England, which began operation for the Northampton Electric Light and Power Company Limited (NELPC) in 1919 and generated power until closure in 1976.
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 St. Pancras Power Stations were two electricity generating stations, also known as the Regent’s Park Power Station and the King’s Road Power Station, which supplied electricity to the district of St. Pancras in north London from 1891 to 1968.
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.
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.
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.
The County of London Electric Supply Company Limited 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 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.
The Urban Electric Supply Company Limited was a British electricity industry holding company that operated from 1898 until the nationalisation of the electricity supply industry in 1948. It controlled directly, or indirectly through its subsidiaries, electricity undertakings throughout Britain.
The Shropshire, Worcestershire and Staffordshire Electric Power Company was an electricity generating and supply organisation that operated in the West Midlands and South Wales. It was established in 1903 and was dissolved as a consequence of the nationalisation of the British electricity supply industry in 1948.
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.
Folkestone power station supplied electricity to the Borough of Folkestone and the surrounding area from 1898 to 1960. The power station was built by the Folkestone Electricity Supply Company Limited which operated it until the nationalisation of the British electricity industry in 1948. It was redeveloped in the 1920s to meet the increased demand for electricity.
Woking power station supplied electricity to the Borough of Woking and the surrounding area from 1890 to 1960. The power station was operated by the Woking Electric Supply Company Limited until the nationalisation of the British electricity industry in 1948. It was redeveloped after the First World War to meet the increased demand for electricity.