Toronto Hydro Corporation operates two wholly owned affiliates, both located in Toronto, with a combined workforce of over 1,400 people. Total revenues in 2007 were $2.39 billion.
Toronto Hydro-Electric System Ltd.
The electricity distribution company, Toronto Hydro-Electric System Ltd., is a regulated monopoly that holds 88% of the Corporation’s assets and accounts for 97% of gross revenue. In 2007, it served 697,000 residential and commercial customers across the Greater Toronto Area, representing 18.5% of electricity consumers in the province of Ontario.
Toronto Hydro Energy Services
Toronto Hydro Energy Services Inc. provides expertise in energy efficiency, energy management, energy conservation and renewable generation to commercial and industrial customers throughout the Greater Toronto Area. Toronto Hydro Energy Services also manages the street lighting and expressway lighting assets within the City of Toronto, which include approximately 160,000 fixtures.