The lights will go out for an old and respected family company in Whitehorse March 31. Yukon Electric has been sold to Canadian Utilities Limited, an Alberta firm. The electrical producing and distributing company, its president John Phelps
and his father who founded the company, have been close to the heart of the Yukon - its
history and its present development.
Completion of the negotiations for transfer of the shares was announced in Edmonton Wednesday by J. C. Dale, president and general manager of Canadian Utilities, and J. L. Phelps, president of the Yukon Electrical and Yukon Hydro Companies.
E. W. King, formerly transmission and distribution superintendent with Canadian Utilities, will be resident manager in Whitehorse and will move from Edmonton with his wife and three children in the near future. Other officers of the subsidiaries will be J. C. Dale, President; T. A. Montgomery, Secretary; A. M. Anderson, Treasurer. Directors will be J. C. Dale, J. E. Bagshaw and J. N. Ford, all of Edmonton, and E. W. King. No changes will be Thade in existing staff.
The Yukon Electrical Company Limited, incorporated in 1901, operates a diesel generating plant with a capacity of 700 kilowatts and owns the distribution system serving 1,600 customers. A twenty-year franchise for the supply of electricity to the City of Whitehorse was signed by this company in 1954.
The Yukon Hydro Company, incorporated in 1950, operates two modern hydro plants with a combined generating capacity of 1,600 kilowaits, and sells power to the electrical company. The first hydro unit was completed in December 1949 and the second plant was constructed December 1955. The second unit is operated by remote control from the number one plant which has residential facilities for the operator.
The Northern Canada Power Commission is building a hydro plant on the Whitehorse Rapids on the Yukon River. The first unit with a 7500 horsepower rating is slated to go into production later this year.
Plans are underway for the Yukon Company to supply power to the community of Haines Junction, 100 miles north-west of Whitehorse on the Alaska highway.