Hydro One is the largest electricity transmission and distribution company headquartered in Ontario. It is one of the leading electrical utilities in North America with a century-old experience in the power industry.
Hydro One also provides broadband telecommunications services through its extensive fiber optic network. The company serves close to 1.4 residential and business customers. Hydro One covers approximately 75% of Ontario’s geographic area and has enough distribution lines to wrap the Earth thrice.
Hydro One owns and operates substantially all of Ontario’s electricity transmission network and approximately 123,000 circuit kilometers of primary low-voltage distribution network. The company operates through transmission (52% of revenues), distribution (47%) and telecom and other (1%) segments.
The company has a stable source of growing cash flows as about 99% of its revenues are derived from regulated businesses. Hydro One enjoys a significant scale and leadership position in the rate regulated environment. The company’s combined transmission and distribution rate base stood at $19.7 billion in 2018.
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Hydro One is the largest electricity transmission and distribution company headquartered in Ontario. It is one of the leading electrical utilities in North America with a century-old experience in the power industry. According to its website, Hydro One has enough … Read more