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As Toronto Hydro moved to digital, other organizations followed suit. The introduction of desktop computers, printers, networks and photocopiers meant additional demand. 1990s: On January 1, 1998, Bill 103 amalgamated six municipal electric utilities into one, nearly tripling Toronto Hydro's customer base to approximately 650,000 customers.
Ontario’s electricity distribution consists of multiple local distribution companies (LDCs). Hydro One, a publicly-traded company owned in part by the provincial government, is the largest LDC in the province and services approximately 26 percent of all electricity customers in Ontario.
Hydro One is a holding company with four subsidiaries, the largest being Hydro One Networks.It operates 98% of the high voltage transmission grid throughout Ontario, and serves 1.4 million customers in rural areas across the province in its capacity as Ontario's largest distribution utility.
As part of government plans to privatize the assets of Ontario Hydro, the utility was split into five separate Crown corporations with the IMO responsible for directing the flow of electricity across the high-voltage, province-wide network owned by Hydro One and other transmission companies. It was also given the responsibility of managing and ...
The separate utilities had been created by the York Municipal Hydro-Electric Service Act in 1978. Following the initial merger, PowerStream also gained distribution territory after the purchase of Aurora Hydro in 2005, and Barrie Hydro in 2009. On August 2, 2012 the company purchased 50 per cent ownership of Collus Power from the Town of ...
The University of Toronto's Department of Statistical Science and Department of Sociology are also located inside. [ 1 ] [ 2 ] It was originally built in 1975 for Ontario Hydro (of which OPG is a successor company) and has been previously known as Hydro Place, Ontario Hydro Building and Ontario Power Building.
Alectra was formed on January 31, 2017 by the merger of the municipally-owned utilities Enersource (serving Mississauga), Horizon Utilities (serving Hamilton and St. Catharines), and PowerStream which served Aurora, Alliston, Barrie, Beeton, Bradford West Gwillimbury, Penetanguishene, Markham, Richmond Hill, Thornton, Tottenham and Vaughan. [5]
[2] [5] The vacant plant was designated a National Historic Site of Canada in 1983, due to its importance in the development of business, industry and technology in Ontario, its status as the first wholly Canadian-owned hydro-electric facility at Niagara Falls, and the unusual application of Beaux-Arts design to an industrial plant. [1] [6]