May 8, 2006

PowerWISE saves over 110M kWh in first year of CDM programs

Six of Ontario's largest local electricity distribution companies, co-operatively delivering energy conservation programs under the powerWISE(R) name, invested $19.4 million in conservation and demand management (CDM) initiatives during 2005 and delivered over 110.6 million kilowatt-hours (kWh) of electricity savings through their CDM programs.

"We are thrilled with the progress that we made in our first year of planning and implementing energy conservation programs across our respective service territories," said Brian Bentz, President and CEO of PowerStream, speaking on behalf of the powerWISE utilities, who recently filed their CDM progress reports with the Ontario Energy Board (OEB).

"The savings that we delivered in the first year of our three year plan are significant - enough to power over 12,250 Ontario homes, or the equivalent of supplying the power needs of almost 18% of the homes in the Town of Markham," he said, adding, "We believe that this is a very significant step in helping the Ontario government reach its goal of developing a conservation culture in the province."

Among the CDM programs introduced to customers during 2005 were mass market retail initiatives, incentive-based programs for business customers, old appliance reclamation programs and community education events. The powerWISE members are continuing to work with other organizations this year to deliver conservation programs and incentives to customers. These groups include municipalities, local electricity distribution utilities, the Electricity Distributors Association (EDA), the Ontario Power Authority (OPA) and the Ontario government.

powerWISE is delivering over $75 million in comprehensive electricity conservation programs over a three-year period. Its members are Enersource Hydro Mississauga, Horizon Utilities, Hydro Ottawa, PowerStream, Toronto Hydro-Electric and Veridian Connections. Together, they serve 1.7 million Ontario customers or 40% of the province.

The progress report indicates that the 110.6 million kWh in electricity savings achieved through the alliances' CDM activities is enough to meet the power needs of 12,285 homes, or the equivalent of:

- 2.1% of the homes in Toronto Hydro's territory

- 4.9% of the homes in Hydro Ottawa's territory

- 5.9% of the homes in Horizon's territory

- 6.8% of the homes in PowerStream's territory

- 8.2% of the homes in Enersource's territory

- 12.9% of the homes in Veridian's territory

More information is available on the powerWISE Web site, www.powerwise.ca, or from Ken MacDonald at Enersource, 905/283-4050; Marjorie Richards at Horizon Utilities, 905/317-4782; Elise Proulx at Hydro Ottawa, 613/221-0063; Eric Fagen at PowerStream, 905/417-6910; Tanya Bruckmueller at Toronto Hydro, 416/542-2621; or George Armstrong at Veridian, 905/427-9870, ext 2202.

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