OEB Approves Construction of Transmission Facilities in Woodstock Area

    TORONTO, Oct. 11 /CNW/ - Today the Ontario Energy Board (the Board)
issued an Order granting leave to Hydro One Networks Inc. (Hydro One) to
construct electricity transmission facilities in the Woodstock area.
    The project involves the construction of approximately 14 kilometres of
double circuit 230 kilovolt (kV) transmission line, and a new 230-115 kV
transformer station to be known as the Karn Transformer Station. The new
transmission line will replace an existing 115 kV transmission line and extend
from the Ingersoll Transformer Station to the Woodstock Transformer Station. A
2 km section of the new 230 kV line from the proposed Karn Transformer Station
will operate at 115 kV.
    The proposed in-service date for the project is 2010.

    In its Decision, the Board noted:

    -   Hydro One had considered a number of alternatives to meet the
        identified need and had chosen the proposed project based on cost and
        reliability considerations as well as flexibility to meet unforeseen
        future load developments

    -   Hydro One's estimated costs and transmission rate impacts for the
        proposed project are reasonable

    -   Environmental assessment requirements were completed and Hydro One
        had taken steps to mitigate landowners' concerns

    Based on the evidence provided, the Board determined the proposed project
is in the public interest.

    The Ontario Energy Board regulates the province's electricity and natural
gas sectors in the public interest. It envisions a viable and efficient energy
sector with informed consumers served by responsive regulatory processes that
are effective, fair and transparent.
    For more information on the Board, please visit our Web site at
www.oeb.gov.on.ca or contact the Consumer Relations Centre at 416-314-2455 or
toll-free at 1-877-632-2727.

For further information:

For further information: Vanda Wall, Ontario Energy Board, (416)

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