Hydro One history

2004: Ontario Power Authority is established and charged with assessing the long-term adequacy of electricity resources.

2005: Ontario stimulates private investment in new electricity generation by offering new generators long-term fixed-price contracts at above-market rates.

2006: Ontario imposes a charge on all electricity consumers called the Global Adjustment Charge to cover the difference between the market rate for electricity and what is paid to private electricity generators based on the fixed contracts.

2009: The Green Energy Act is passed, aiming to attract new investment, create green jobs, and provide clean renewable power to Ontario.

2010: The five-year Ontario Clean Energy Benefit is created, providing customers a 10 per cent discount off the total cost of electricity charges on their bill.

In 2014, Hydro One acquired the assets and customers of Norfolk Power.

In 2015, Hydro One became a publicly-traded company on the Toronto Stock Exchange.

Since 2016, the Hydro One Ombudsman’s Office has focused on resolving complaints in a way that is fair to both the customer and the company.

In February 2017, Hydro One Brampton was acquired by Alectra Utilities.

In 2018, the Ontario government announced they had sold over 14 million shares of Hydro One to OFN Power Holdings.