Toronto Hydro Corporation operates two wholly owned affiliates, both located in Toronto, with a combined workforce of over 1,400 people. Total revenues in 2008 were $2.39 billion.
Toronto Hydro-Electric System Ltd., is a regulated monopoly that holds 88% of the Corporation’s assets and accounts for 97% of gross revenue. Toronto Hydro-Electric System owns and operates an electricity distribution system, which delivers electricity to approximately 690,000 customers located in the City of Toronto. It is the largest municipal electricity distribution company in Canada and distributes approximately 18% of the electricity consumed in Ontario.
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.