New purchasing powers expected to realize efficiencies of scale for
HALTON HILLS, ON, June 18, 2013 /CNW/ - Local Distribution Company (LDC)
partners of GridSmartCity (GSC) are pleased to announce the formation
of the GSC Cooperative, an entity that will help bring greater
efficiencies and broader scope to the purchasing powers of utilities
through cooperative initiatives.
The establishment of the GridSmartCity Cooperative enables its ten
member LDCs - Burlington Hydro Inc., Cambridge and North Dumfries Hydro
Inc., Guelph Hydro Electric Systems Inc., Halton Hills Hydro Inc.,
Kingston Hydro Corp., Kitchener-Wilmot Hydro Inc., Milton Hydro
Distribution Inc., Niagara Peninsula Energy Inc., Oakville Hydro
Electricity Distribution Inc., and Waterloo North Hydro Inc. - to work
together with a common focus and achieve scale efficiencies, while
maintaining individual autonomy.
Art Skidmore, President and CEO, Halton Hills Hydro Inc., has been named
as Steering Committee Chair to oversee the GSC Cooperative, while Jerry
Van Ooteghem, President and CEO, Kitchener-Wilmot Hydro Inc., becomes
Vice Chair. Recently appointed General Manager, Neil Sandford, will
have the responsibility of managing and administering the Cooperative's
"We all recognize the great potential that exists when it comes to the
power of collective purchasing," said Steering Committee Chair Art
Skidmore. "We've taken the important step of formalizing an approach
that will offer a full spectrum of cooperative ventures to improve
efficiencies within our businesses."
The GSC Utility Partners Cooperative aligns with the provincial
government's desire for Ontario's LDCs to find ways to achieve greater
efficiencies of scale and scope in their operations.
"It was only practical to establish an entity that pools our resources,
creates opportunities for stakeholders and helps streamline our
purchasing capabilities," said Vice Chair, Jerry Van Ooteghem.
"Ultimately, when all is said and done, it will be our customers who
GridSmartCity is a consortium of 32 partner organizations -utilities,
smart grid innovators and commercial entities, academia, government and
other key electricity industry stakeholders - focused on a culture of
cooperation and collaboration intended to enhance the efficiency and
sustainability of local distribution networks. This includes
advancements in self-healing grids, electric vehicle infrastructure,
conservation program implementation, renewable energy initiatives,
cooperatives and community energy planning, among others. The
GridSmartCity partnership was launched in May 2009. Visit our website
SOURCE: Burlington Hydro Electric Inc.
For further information:
Neil Sandford, General Manager, GridSmartCity Cooperative
Tel. (905) 332-2261