Hydro One

Hydro One Incorporated delivers electricity across the Canadian province of Ontario. It is a corporation established under the Business Corporations Act with a single shareholder, the Government of Ontario. Hydro One traces its history to the early 20th century to the establishment of the Hydro-Electric Power Commission of Ontario, renamed "Ontario Hydro" in 1974. In October 1998, the provincial government passed the "Energy Competition Act" which restructured Ontario Hydro with the aim of privatizing all electrical generating and transmission/delivery.