Business & Finance: Lights o' London

Should U. S. housewives who fret over electric bills move to London they would find their worries considerably increased. For in Great Britain light costs an average of 13¢ per kilowatt hour, almost twice the U. S. average of 6.8¢. Electric power, too, is much more expensive in London, costing 4¢ per hour in England; 2.16¢ here.

Yet Londoners may soon expect to see brighter and cheaper illumination struggling through the city's fogs. For into the English light-&-power industry last week entered the Utilities Power & Light Corp., a multilateral U. S. utility company...

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