Barrie Hydro merger a done deal
BARRIE, ONTARIO - An agreement to merge the electric utilities that provide power to three southern Ontario cities has been completed.
The merger of Barrie Hydro Distribution Inc. and PowerStream Inc. creates the second-largest electrical distribution company in Ontario.
The new entity, called PowerStream Barrie Hydro Distribution, will serve some 310,000 homes and businesses in the cities of Barrie, Markham and Vaughan.
The merger follows nearly two years of discussions between PowerStream and Barrie Hydro as part of their growth strategies.
Merger negotiations began in April 2008.
Hydro One is Ontario's largest electricity distributor, serving about 1.3 million rural and urban customers.
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Summerland solar power project will provide electricity
summerside solar - A proposed solar energy project, to be constructed on municipally-owned property on Cartwright Mountain, will allow Summerland Power to produce some of its own electricity.
On Monday evening, municipal staff described the Solar+Storage project.
The project will include around 3,200 solar panels and storage batteries, giving Summerland Power the ability to generate 1,200 megawatts of electrical power.
This is the amount of energy used by 100 homes over the course of a year.
The solar panels have an estimated life expectancy of 35 years, while the batteries have a life expectancy of 20 years.
“It’s a really big step for a small…
