www.eda-on.ca Key Benefits Project Green Light is a made-in-Ontario PROJECT GREEN LIGHT solution that would deliver significant benefits to all electricity consumers: Electricity delivery would remain under local control, and in the hands of The EDA is the voice of Ontario’s local electricity companies that have earned public trust distribution sector, which consists primarily of All customers would have the benefit of superior cost-management and customerservice track records of local electrical utilities municipally and privately owned local distribution companies. The distribution sector delivers power to Ontarians through 4.9 million residential, commercial and institutional customer accounts. The sector employs 10,000 people directly and It would provide a basis for the most holds $19 billion in assets; it has $1.9 billion in efficient re-structuring of the distribution annual capital spending and $1.6 billion in annual sector, involving the further voluntary operational spending; and makes hundreds of consolidation of local electrical utilities millions in direct contributions to both municipal and The province would get fair value for the assets it sells, allowing for investments in other key areas such as public transit provincial revenues. 1100 – 3700 Steeles Ave. West Vaughan, ON L4L 8K8 905-265-5300 A transaction involving local electrical [email protected] utilities would be tax efficient, and would maximize revenues to the province March 2015 Lower Costs & Better Service for Ontario’s Electricity Consumers The Need Project Green Light How it Would Work Ontario’s electricity distribution system is The Electricity Distributors Association (EDA) is Participating local electrical utilities would fragmented – with neighbours even within the calling for policy change to facilitate the most first expand their service territories to their same municipality sometimes receiving power significant re-structuring of the electricity system municipal boundaries. from a mix of a local electrical utility and since Ontario Hydro’s breakup in 1998. Adjacent areas currently serviced by Hydro The EDA is calling for Hydro One’s distribution One would instead be acquired and serviced Large swaths of Hydro One service areas assets to be acquired, at a fair value, by local by local electrical utilities, through an orderly surrounding urban municipalities have also electrical utilities throughout the province. allocation process. Delivery of electricity would remain in trusted, Further voluntary consolidation among local local hands, and the strong customer electrical utilities would be encouraged, and experience provided by these local electrical would in fact likely be a natural outcome of utilities would be extended to more customers. this process. creating a more efficient distribution system for The end result would also be more robust and Hydro One would continue to operate the the benefit of electricity consumers. It is also a better-resourced distribution companies, with provincial transmission system – a business high-cost operator relative to local utilities. service territories within which they could line where its performance has been operate more efficiently and at lower costs. stronger – and could also focus on a much- provincially owned Hydro One. impeded what would often be a logical and cost-reducing expansion of the areas served by local electrical utilities. Hydro One’s continued participation in the distribution sector is therefore a major barrier to Improvement is needed, to both address cost needed industrial strategy. pressures, and to better ensure sustainable investment in the infrastructure we all rely on to Rate subsidies for the benefit of customers power our homes and businesses. Active in remote areas would be maintained. provincial government consideration of the future of its distribution assets makes this the ideal time to move forward with decisive action. www.eda-on.ca www.eda-on.ca Key Benefits Project Green Light is a made-in-Ontario PROJECT GREEN LIGHT solution that would deliver significant benefits to all electricity consumers: Electricity delivery would remain under local control, and in the hands of The EDA is the voice of Ontario’s local electricity companies that have earned public trust distribution sector, which consists primarily of All customers would have the benefit of superior cost-management and customerservice track records of local electrical utilities municipally and privately owned local distribution companies. The distribution sector delivers power to Ontarians through 4.9 million residential, commercial and institutional customer accounts. The sector employs 10,000 people directly and It would provide a basis for the most holds $19 billion in assets; it has $1.9 billion in efficient re-structuring of the distribution annual capital spending and $1.6 billion in annual sector, involving the further voluntary operational spending; and makes hundreds of consolidation of local electrical utilities millions in direct contributions to both municipal and The province would get fair value for the assets it sells, allowing for investments in other key areas such as public transit provincial revenues. 1100 – 3700 Steeles Ave. West Vaughan, ON L4L 8K8 905-265-5300 A transaction involving local electrical [email protected] utilities would be tax efficient, and would maximize revenues to the province March 2015 Lower Costs & Better Service for Ontario’s Electricity Consumers www.eda-on.ca Key Benefits Project Green Light is a made-in-Ontario PROJECT GREEN LIGHT solution that would deliver significant benefits to all electricity consumers: Electricity delivery would remain under local control, and in the hands of The EDA is the voice of Ontario’s local electricity companies that have earned public trust distribution sector, which consists primarily of All customers would have the benefit of superior cost-management and customerservice track records of local electrical utilities municipally and privately owned local distribution companies. The distribution sector delivers power to Ontarians through 4.9 million residential, commercial and institutional customer accounts. The sector employs 10,000 people directly and It would provide a basis for the most holds $19 billion in assets; it has $1.9 billion in efficient re-structuring of the distribution annual capital spending and $1.6 billion in annual sector, involving the further voluntary operational spending; and makes hundreds of consolidation of local electrical utilities millions in direct contributions to both municipal and The province would get fair value for the assets it sells, allowing for investments in other key areas such as public transit provincial revenues. 1100 – 3700 Steeles Ave. West Vaughan, ON L4L 8K8 905-265-5300 A transaction involving local electrical [email protected] utilities would be tax efficient, and would maximize revenues to the province March 2015 Lower Costs & Better Service for Ontario’s Electricity Consumers
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