2013 marks record year of investments for Hydro Ottawa
2013 results show that Hydro Ottawa has continued to live up to its mandate of providing safe and reliable power to the over 315,000 homes and businesses and investing at unprecedented levels to ensure a more sustainable energy future for our community.
Quick facts
- Hydro Ottawa is proud to report a 2013 net income of $32.1 million resulting in a dividend to the City of $19.3 million which will be used to fund municipal programs and services.
- Renewable generation capacity doubled in 2013, providing enough clean power to supply 40,000 homes.
- In 2013, Hydro Ottawa invested $131 million in its infrastructure to keep the electricity system safe and reliable, including the new $25 million Terry Fox station which will better serve the growing needs of customers in Kanata and Stittsville.
- Reforms were presented to streamline the structures of the boards of directors to achieve more efficient and cost-effective governance practices.
- Customers gave Hydro Ottawa a 90 percent satisfaction rating, as measured by a third-party survey.
- Last year, Hydro Ottawa employees raised a record $228,415 for the United Way.
Related News
Are major changes coming to your electric bill?
LOS ANGELES - California’s electric bills — already some of the highest in the nation — are rising, but regulators are debating a new plan to charge customers based on their income level.
Typically what you pay for electricity depends on how much you use. But the state’s three largest electric utilities — Southern California Edison Company, Pacific Gas and Electric Company and San Diego Gas & Electric Company — have proposed a plan to charge customers not just for how much energy they use, but also based on their household income. Their proposal is one of several state regulators received…
