13 Facts About Toronto Hydro

Toronto Hydro Corporation is an electric utility that operates the electricity distribution system for the city of Toronto, Ontario, Canada.

Toronto Hydro has been serving the city of Toronto for over a century.

In 1937, Toronto Hydro sold more than 1 billion kWh of electricity for the first time in its history.

The increased efficiency created a profit that Toronto Hydro passed down to its customers in temporary rate reductions.

Toronto Hydro raced to keep up, building 12 new electrical substations throughout the city.

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Between 1964 and 1974, Toronto Hydro spent more than $31 million to put overhead wires and transformers underground.

In December 2002, Toronto Hydro built a 65-metre tall wind turbine at Exhibition Place in partnership with the Toronto Renewable Energy Co-operative .

Toronto Hydro launched its first smart meter projects in 2005 to approximately 500 customers, and, in 2010, started transitioning customers to Time-of-Use rates to help them better manage their electricity bills.

In 2013, Toronto Hydro started construction on the new Clare R Copeland Transformer Station, the first underground station in downtown Toronto.

In 2015, Toronto Hydro unveiled Hydrostor, the world's first underwater compressed air energy storage system, located three kilometres off Toronto Island.

In 2016, Toronto Hydro installed the world's first pole-top energy storage unit.

In 2017, Toronto Hydro launched PowerLens®, an online platform allowing customers to view how their homes use electricity so that they can take steps towards conservation and saving.

Over this five-year period, Toronto Hydro has secured more than $2 billion in capital funding that it will use to meet the growing demand for electricity, to safeguard against extreme weather events and upgrade aging infrastructure.