Hydro One Limited (TSX:H)


Hydro One Limited, based in Ontario, Canada, is an energy company that transmits and supplies electricity in the region.

The company reportedly distributes electricity to more than a million customers, including residential and business customers, covering almost 75 per cent of Ontario’s total geographic area.

Hydro One Limited is said to supply electricity to approximately 26 per cent of the total number of customers in the region through its regulated assets.

Its subsidiaries include the following:
• IVY Charging Network
• Hydro One Remote Communities Inc
• Hydro One Telecom
• Hydro One Networks Inc
• Hydro One Sault STE Marie

The electricity distributing company got publicly listed in year 2015. It is presently trading on the Toronto Stock Exchange (TSX) under the ticker of ‘H’.

The company offers residential and business services, payments and billing assistance.

Electricity transmission makes up for 60 per cent of the base rate, and distribution accounts for the remaining. Hydro One provides four electricity pricing models:
• Time-of-Use pricing
• Tiered pricing
• Retailer pricing
• Spot Market pricing

Hydro One Limited claims to transmit and distribute nearly 96 per cent of energy from zero-carbon sources. The Ontario-based company is presently focusing on exploring building automation technologies to reduce overall energy consumption. It is also said to have been named as Canada’s Best Employers for 2020 by Forbes.

The company introduced an e-billing program and claimed to have reduced paper bills by approximately 1.5 million.

Hydro One Limited also reportedly donated C$ 300,000 to the COVID-19 Emergency Food Box program to feed the needy ones in the province of Ontario.

The company and its partner, Global Medic, is also said to have provided 13,500 safety supply kits as part of their COVID-19 relief efforts.

Information regarding efficient energy usage, cost-saving measures, power outages, safety guidelines is available on Hydro One Limited’s official website.

Contact Information

company address 483 Bay St. (South Tower), 8th Floor Reception Toronto, Ontario M5G 2P5

company phone416 345-5000

company email[email protected]

company websitehttps://www.hydroone.com/

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