Online Town Hall

We were told that the changing regulatory environment was forcing the issue. “Merge now or risk being forced to do so at a later date”.

While I think that it is pretty unlikely that we will be forced against our will to merge I believe that the OEB will continue to create a regulatory environment so onerous that smaller utilities will ultimately have to choose between spiralling distribution rates and operational deficits of full ownership or to accept a “tax incentive” to partner with other LDC’s for survival.

This Machiavellian reality of the current provincial energy policy was certainly not the sole reason to consider a merger, it was however the context of the discussion.

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The following entry is reprinted from a memo sent out by the Mayor regarding the proposed Hydro merger.

As the Shareholder Representative on the Guelph Hydro Inc. (GHI) Board of Directors, I support the recommendation to merge Guelph Hydro Electric Systems Inc. (GHESI) with Horizon Utilities Corp. (Horizon).

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The Guelph Chamber of Commerce (representing 825 businesses in Guelph, and over 40,000 employees) has come out with their own independent analysis of the Guelph Hydro merger proposal.

The entire report can be downloaded here - Chamber of Commerce Hydro Analysis.

Excerpts from the report are reprinted below.

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Parks Planning Department is preparing to replace playground equipment in Marksam Park. Existing play equipment (swings, slides, climbers, timber edging etc.) in the park will be removed and new playground equipment which meets current Canadian safety standards will be installed as soon as possible after the removals.

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The Council of Canadians is Canada’s largest citizens’ organization, with members and chapters across the country. The general public has an expectation that an organisation of this calibre will present well thought out and researched opinion on matters of public policy.

Unfortunately I believe that this is not the case in regards to a recent email they sent out to the newspapers regarding the proposed Hydro Merger.

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I spent 10 hours over Labour Day weekend combing through the hydro merger business case. To be honest I was specifically looking for reasons NOT to support the recommendation. I read the business plan looking for details / or the lack of details that would support my basic personal bias that smaller is better.

The business case is about two and a half inches thick, not including the legal agreements and appendices. After combing through the plan I had come up with about 30 questions.

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