Questions and Comments

Question / Comment:

If Alectra wants to grow to serve 1.5 million customers, how will continued merger activity affect Guelph's ownership and voice on the Alectra board?

Response:

We’re negotiating Guelph’s share of ownership and shareholder rights in the coming weeks, and we’re negotiating from a strong position.

Being the first utility in southwestern Ontario to become partners with Alectra would immediately increase our ability to advocate for local interests among regulators, industry and other levels of government, and Guelph Hydro’s current headquarters would become a regional operations hub.

If other utilities in Southwestern Ontario join Alectra before Guelph, and other utilities in the area continue consolidating, Guelph’s relative size and voice in the industry would become even smaller.

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