Ask us anything about possible mergers for Guelph Hydro

Pop-up information tables at Home Depot, Stone Road Mall, Guelph Famers’ Market, library and community centres

City of Guelph and Guelph Hydro staff will be at Home Depot, Stone Road Mall, the Guelph Public Library, Farmers’ Market, Victoria Road Recreation Centre, Evergreen Seniors’ Community Centre and the West End Community Centre to answer your questions about the process being used to evaluate possible mergers between Guelph Hydro and other publicly-owned electric utility companies.

There are no formal presentations. Feel free to visit anytime during each event.

Where and when

Thursday, August 3, 10 a.m. to 3 p.m.
Home Depot, 63 Woodlawn Road West

Thursday, August 10, 10 a.m. to 4 p.m.
Stone Road Mall, 435 Stone Road West

Saturday, August 12 7 a.m. to noon
Guelph Farmers’ Market, 2 Gordon Street

Tuesday, August 15, 9 a.m. to 3 p.m.
Guelph Public Library, 100 Norfolk Street

Wednesday, August 16, 11 a.m. to 4 p.m.
Victoria Road Recreation Centre, 151 Victoria Road North

Thursday, August 17, 11 a.m. to 4 p.m.
Evergreen Seniors’ Community Centre, 683 Woolwich Street

Tuesday, August 22, 11 a.m. to 4 p.m.
West End Community Centre, 21 Imperial Road North

These pop-up information tables are part of ongoing community education and engagement efforts. Many more activities are planned as the Strategies and Options Committee compares maintaining full ownership of Guelph Hydro with possible mergers, and makes its recommendation to City Council later this fall.

Background

Guelph Hydro is a high-performing utility company with a solid reputation. In light of changing provincial policies and global energy technology trends, City Council appointed a Strategies and Options Committee to review options to help ensure customers continue receiving excellent service and value from the City-owned electric utility company.

In June, City Council voted to explore possible mergers between Guelph Hydro and other publicly-owned utilities.

The committee is researching potential merger partners to learn how a merger could affect Guelph Hydro’s operations, financial position, infrastructure, ownership structure, organizational culture, and local electricity distribution rates. The committee will compare possible mergers to maintaining full ownership of the utility, and make a recommendation to City Council in the fall. Then, if City Council votes to pursue a merger, the City will announce the names of the parties involved

In addition to using community-supported decision-making criteria to assess potential merger partners,  the committee is considering each company’s share of ownership, shareholder arrangements, governance, and core values.

Ontario’s electricity sector is changing

Advances in energy technology are making it harder for small and mid-sized utilities like Guelph Hydro to offer modern, competitive electricity prices and services. As more people generate their own electricity, choose electric vehicles, and use smart-home technologies, the role of Guelph’s local electricity utility must evolve. Residents and businesses in Guelph and Rockwood expect modern, competitive electricity prices and services similar to those available in other, larger cities.

Across Ontario, cities are exploring options to ensure they get the best value from their local electricity distribution companies. Since 1996, cities have been consolidating their electric utility companies to reduce duplication and manage costs.

Contact Guelph’s Strategies and Options Committee