Hydro One employees contribute to tsunami relief
Early in January the company launched a plan to match donations made by employees wishing to assist with the relief program, and the response has been significant. The company has about 4,000 regular employees.
"This undertaking is another excellent example of the high quality staff we have, and their commitment to helping those who are in desperate need of assistance," said Hydro One President and CEO Tom Parkinson. "This idea came from one of our employees and I was very proud to support it."
Hydro One has also been working with the provincial government to identify other ways it can help with relief efforts. The company has offered assistance for power system restoration in the form of technical experts and project managers.
Hydro One owns and operates Ontario's 28,400 kilometre high-voltage transmission network that delivers electricity to large industrial customers and municipal utilities, and a 122,000 kilometre low-voltage distribution system that serves 1.2 million end-use customers and smaller municipal utilities in the province.
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Ontario's electricity 'recovery rate' could lead to higher hydro bills
TORONTO - A new provincial COVID-19 measure, designed to give Ontario ratepayers "stability" on their hydro bills this summer, could result in slightly higher hydro costs over the next four months.
Ontario Premier Doug Ford's government announced over the weekend that consumers would be charged a single around-the-clock electricity rate between June and November, replacing the much-derided time-of-use model ratepayers have complained about for years.
Instead of being charged between 10 to 20 cents per kilowatt hour, depending on the time of day electricity is used, hydro users will be charged a blanket rate of 12.8 cents per kWh.
"The new rate will…
