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Encyclopedia > Hydro One
Hydro One
Type Crown corporation
Founded Toronto, Ontario (1999)
Headquarters Toronto, Ontario, Canada
Key people Laura Formusa - President & Chief Executive Officer (Acting), Chair Rita Burak
Industry Electricity delivery
Products delivery of electricity
Revenue CA$ 4,416 million (2005)
Net income CA$ 483 Million (2005)
Employees 4,029 regular employees; 1,481 temporary, contract and part-time employees; 7,152 pensioners
Website Hydro One

Hydro One Incorporated delivers electricity across the Canadian province of Ontario. It is a Crown corporation wholly owned by the Government of Ontario. Image File history File links No higher resolution available. ... In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Capital Toronto Largest city Toronto Official languages English (de facto) Government - Lieutenant-Governor David C. Onley - Premier Dalton McGuinty (Liberal) Federal representation in Canadian Parliament - House seats 106 - Senate seats 24 Confederation July 1, 1867 (1st) Area... This article is about the year. ... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Capital Toronto Largest city Toronto Official languages English (de facto) Government - Lieutenant-Governor David C. Onley - Premier Dalton McGuinty (Liberal) Federal representation in Canadian Parliament - House seats 106 - Senate seats 24 Confederation July 1, 1867 (1st) Area... Look up revenue in Wiktionary, the free dictionary. ... “C$” redirects here. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links No higher resolution available. ... “C$” redirects here. ... This article is about work. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Capital Toronto Largest city Toronto Official languages English (de facto) Government - Lieutenant-Governor David C. Onley - Premier Dalton McGuinty (Liberal) Federal representation in Canadian Parliament - House seats 106 - Senate seats 24 Confederation July 1, 1867 (1st) Area... In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ... The Province of Ontario is governed by a unicameral legislature, the Legislative Assembly of Ontario, which operates in the Westminster system of government. ...


Hydro One traces its history to the early 20th century to the establishment of the Hydro-Electric Power Commission of Ontario, renamed as "Ontario Hydro" in 1974. (19th century - 20th century - 21st century - more centuries) Decades: 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s As a means of recording the passage of time, the 20th century was that century which lasted from 1901–2000 in the sense of the Gregorian calendar (1900–1999... The Hydro-Electric Power Commission of Ontario was established in 1906 by the provincial Power Commission Act to build transmission lines to supply municipal utilities with electricity generated by private companies already operating at Niagara Falls. ... The Hydro-Electric Power Commission of Ontario was established in 1906 by the provincial Power Commission Act to build transmission lines to supply municipal utilities with electricity generated by private companies already operating at Niagara Falls. ... Year 1974 (MCMLXXIV) was a common year starting on Tuesday (link will display full calendar) of the 1974 Gregorian calendar. ...


In October, 1998 the provincial government passed the "Energy Competition Act" which restructured Ontario Hydro with the aim of privatizing all electrical generating and transmission/delivery. Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... This article does not adequately cite its references or sources. ...


On December 8, 2006, the CEO Tom Parkinson resigned due to the controversy surrounding use of company property and improper processing of personal expenses.[1]

Contents

System Information

Hydro One's Transmission Line voltages are 500,000 volts, 230,000 volts and 115,000 volts. Hydro One has interconnections with Manitoba Hydro, Hydro-Québec, Minnesota Power, Detroit Edison/ITC, Niagara Mohawk Power and the New York Power Authority. Founded in 1961, Manitoba Hydro is the electric power and natural gas utility in the province of Manitoba, and is the 4th largest electrical utility in Canada. ... Hydro-Québec is a crown corporation that provides hydroelectric power for Quebec, Canada and the north-eastern parts of the United States. ... Detroit Edison (DTE Energy) is a utility company serving most of Southeast Michigan. ... A portion of the Art Deco Niagara-Mohawk Power building façade, Syracuse, New York National Grid USA (NGUSA) is a utility in the United States. ... The New York Power Authority (NYPA) is Americas largest state-owned power organization. ...


History

Main article: Ontario Hydro

Hydro One was originally part of the Hydro-Electric Power Commission of Ontario or Ontario Hydro which was established in 1906 by the provincial Power Commission Act to build transmission lines to supply municipal utilities with electricity generated by private companies already operating at Niagara Falls. The first chairman was Adam Beck, minister without portfolio in the provincial government of Sir James P. Whitney. Beck had been a prominent advocate of a publicly owned electricity grid. The Hydro-Electric Power Commission of Ontario was established in 1906 by the provincial Power Commission Act to build transmission lines to supply municipal utilities with electricity generated by private companies already operating at Niagara Falls. ... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Capital Toronto Largest city Toronto Official languages English (de facto) Government - Lieutenant-Governor David C. Onley - Premier Dalton McGuinty (Liberal) Federal representation in Canadian Parliament - House seats 106 - Senate seats 24 Confederation July 1, 1867 (1st) Area... The Hydro-Electric Power Commission of Ontario was established in 1906 by the provincial Power Commission Act to build transmission lines to supply municipal utilities with electricity generated by private companies already operating at Niagara Falls. ... 1906 (MCMVI) was a common year starting on Monday (see link for calendar). ... Skyline of Niagara Falls, Canada, as seen from Niagara Falls State Park across the river. ... Mayor Thomas Langton Church and Sir Adam Beck (center) Sir Adam Beck, (June 20, 1857 – August 15, 1925) was a politician and hydro-electricity advocate who founded the Hydro-Electric Power Commission of Ontario. ... A Minister without Portfolio is a government minister with no specific responsibilities. ... Sir James Pliny Whitney (October 2, 1843-September 25, 1914) was a politician in the Canadian province of Ontario. ...


In the 1920s the commission began generating and distributing its own power when it was given the mandate to electrify rural areas. Besides building its own generating stations, it bought the transmission lines and generators of the largest private electricity company. The 1920s is a decade that is sometimes referred to as the Jazz Age or the Roaring Twenties, usually applied to America. ...

High Voltage transmission lines in the GTA which Hydro One is responsible for.
High Voltage transmission lines in the GTA which Hydro One is responsible for.

In 1974 the Power Corporation Act reorganized the system as a crown corporation called Ontario Hydro, the name it was most usually known by. Image File history File links Size of this preview: 450 × 600 pixelsFull resolution (600 × 800 pixel, file size: 335 KB, MIME type: image/jpeg) Author: Tom Stefanac Date: 09/04/03 - 3:08 PM Location: Woodbridge, Ontario Canada. ... Image File history File links Size of this preview: 450 × 600 pixelsFull resolution (600 × 800 pixel, file size: 335 KB, MIME type: image/jpeg) Author: Tom Stefanac Date: 09/04/03 - 3:08 PM Location: Woodbridge, Ontario Canada. ... Year 1974 (MCMLXXIV) was a common year starting on Tuesday (link will display full calendar) of the 1974 Gregorian calendar. ... In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ...


In 1998, the PC government of Mike Harris passed the Energy Competition Act which authorized the establishment of a market in electricity. In April 1999, Ontario Hydro was re-organized into five successor companies: Ontario Power Generation, the Ontario Hydro Services Company (later renamed Hydro One), the Independent Electricity Market Operator (later renamed the Independent Electricity System Operator), the Electrical Safety Authority, and Ontario Electricity Financial Corporation. The two commercial companies, Ontario Power Generation and Hydro One, were intended to eventually operate as private businesses rather than as crown corporations. Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... The Ontario Progressive Conservative Party (PC Party of Ontario) is a right-of-centre political party in Ontario, Canada. ... Michael Deane Harris (born January 23, 1945, in Toronto, Ontario) was the twenty-second Premier of Ontario from June 26, 1995 to April 15, 2002. ... This article is about the year. ... Ontario Power Generation (OPG) is a public company whose shares are wholly owned by the Government of Ontario. ... The Independent Electricity System Operator (IESO) is a Crown corporation responsible for operating the electricity market and directing the operation of the bulk electrical system in the province of Ontario, Canada. ... The Independent Electricity System Operator (IESO) is a Crown corporation responsible for operating the electricity market and directing the operation of the bulk electrical system in the province of Ontario, Canada. ... Ontario Power Generation (OPG) is a public company whose shares are wholly owned by the Government of Ontario. ...


By 2001, Hydro One had acquired 88 municipal utilities. In December 2001 the provincial government announced the intention to sell Hydro One under an initial public offering, however by April 2002 various groups in opposition to the plan were able to successfully challenge the government in the Ontario Superior Court, forcing a halt to the IPO[2]. Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ... Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ... “IPO” redirects here. ... Also see: 2002 (number). ... // Superior Court of Justice (Ontario) The Superior Court of Justice for Ontario, Canada is the successor to the former Ontario Court of Justice (General Division), and was created on April 19, 1999. ...


In 2002 an electricity market began operating. However, critics questioned, among other things, whether the market was truly competitive or could ever become competitive, given that an electricity grid is not a private good. Public dismay at an increase in prices led the government of Harris's successor, Ernie Eves, to freeze electricity prices for residential and small business consumers. This freeze was maintained after the Liberal party of Dalton McGuinty replaced the PC government in 2003. The freeze was removed and prices were raised in April, 2004, and have been increased again subsequently. Also see: 2002 (number). ... Ernest Eves (born June 17, 1946) was the twenty-third Premier of the province of Ontario, Canada, from April 15, 2002, to October 23, 2003. ... The Ontario Liberal Party is a centrist provincial political party in the province of Ontario, Canada. ... Dalton James Patrick McGuinty, Jr. ... Year 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...


Restructuring

Ontario Hydro was restructured on April 1, 1999 into five separate entities: Ontario Power Generation, the Ontario Hydro Services Company, the Independent Electricity Market Operator (later renamed the Independent Electricity System Operator), the Electrical Safety Authority, and Ontario Electricity Financial Corporation. is the 91st day of the year (92nd in leap years) in the Gregorian calendar. ... This article is about the year. ... Ontario Power Generation (OPG) is a public company whose shares are wholly owned by the Government of Ontario. ... The Independent Electricity System Operator (IESO) is a Crown corporation responsible for operating the electricity market and directing the operation of the bulk electrical system in the province of Ontario, Canada. ...


On May 1, 2000 the Ontario Hydro Services Company was renamed Hydro One Incorporated and reorganized as a holding company with five subsidiaries: is the 121st day of the year (122nd in leap years) in the Gregorian calendar. ... Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ...

  • Hydro One Networks Inc.
  • Hydro One Remote Communities Inc.
  • Hydro One Markets Inc.
  • Hydro One Telecom Inc.
  • Ontario Hydro Energy Inc.

Between 1998 to 2000, Hydro One acquired 88 municipal electrical utilities. Numerous local/municipal distribution companies were also consolidated during this time. Hydro One's master control facility is located at 49 Sarjeant Drive, in Barrie. Motto: The People are the City, Barrie Means Business (advertising campaign) Location of Barrie, Ontario Coordinates: Country Canada Province Ontario Established (town) 1837 Established (city) 1853 Government  - Mayor Dave Aspden  - Council Barrie City Council  - MPP Joe Tascona (PCO)  - MP Patrick Brown (CPC) Elevation 76 m (249. ...


In May 2002 the provincial government went ahead with the launch of an open electricity market, even though generating and distribution remained under control of the government. Also see: 2002 (number). ...


Effective December 8 2006, President and CEO Tom Parkinson's resignation was accepted.[3]


See Also

Hydro One - A-Star with AirStair attachment

Image File history File linksMetadata Download high-resolution version (2560x1920, 958 KB) I, the creator of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1. ... Image File history File linksMetadata Download high-resolution version (2560x1920, 958 KB) I, the creator of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1. ... Hydro One - Using the AirStair This unique device, (designed in house at Hydro One Inc, Ontario, Canada), is attached to a Eurocopter AS 350 B2 helicopter. ...

References

External links


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