About Toronto Hydro Energy Services Inc.
Toronto Hydro Energy Services is a provider of professional energy management services to business. The company's energy professionals work directly with building owners, property managers and government to lower their electricity, gas and water consumption and deliver cost savings. In 2005, Toronto Hydro Energy Services refocused its strategy to build on its established success in energy management services. To date Toronto Hydro Energy Services has delivered approximately $25-million in sustainable energy savings to commercial customers.

Committed to conservation and controlling costs
At the heart of Toronto Hydro Energy Services energy management is a commitment to conservation when helping businesses control their energy costs. By looking at all the ways a business uses energy, the company maximizes the potential for energy savings by increasing overall energy efficiency, making capital improvements to energy-related equipment and infrastructure, and seeking out all available incentives to enhance a project's economics.

Turnkey project services
Toronto Hydro Energy Services can look after all aspects of the project from initial assessment and design recommendations to project management and implementation and post-project monitoring. For example, an energy audit and analysis will evaluate the energy efficiency of a facility and recommend improvements. An energy retrofit will focus on replacing older, inefficient equipment with new energy-efficient equipment to deliver savings. Performance Design Build initiatives deliver energy improvements through a comprehensive project solution from evaluation through to implementation and verification of savings. On a customer's behalf, Toronto Hydro Energy Services will exhaust all sources of funding and financial incentive opportunities available from the different levels of government and agencies.

Valuable guarantees
Customers are guaranteed to receive up to 85% of the projected energy savings for a project or Toronto Hydro Energy Services will make up any shortfall. The company is confident that it can deliver the savings and does not follow the common industry practice of charging customers a premium for the guarantee.

Access to experienced energy experts
Toronto Hydro Energy Services has attracted top energy engineering professionals and can draw upon more than 200 years of energy management experience. In addition to their P. Eng. status, all of the company's team members have achieved the Certified Energy Manager designation offered by the Association of Energy Engineers. Toronto Hydro Energy Services has a Certificate of Authorization from the Professional Engineers Ontario to provide energy engineering design and consulting service throughout Ontario.

Experienced with renewable green energy
Toronto Hydro Energy Services is one of the few energy management companies to have successfully delivered renewable energy projects. The company provided initial analysis, design, implementation and project management for the first grid-scale wind turbine installed in an urban environment — the 750 metre wind turbine located at Exhibition Place in Toronto. Toronto Hydro Energy Services has successfully used solar energy to supplement energy supply for the Toronto District Catholic School Board and provided the Performance Design Build services to implement solar panels capable of generating 36 kW of pollution-free electricity at Toronto Hydro's 500 Commissioners Street facility. In addition, the company is actively involved in a number of renewable energy initiatives on a pilot basis. As the economics of renewable energy solutions continues to improve, Toronto Hydro Energy Services is well positioned to become an industry leader.

Capitalizing on a growing market need
Focusing on assisting businesses with energy management is proving to be a sound business strategy for Toronto Hydro Energy Services. As electricity and other utility prices continue to escalate, building owners, property managers and government are becoming increasingly concerned about their energy costs and consumption. In Ontario, electricity demand is expected to outpace supply making conservation critical to ensure a reliable, stable electricity supply. The province is targeting to reduce electricity consumption by 5% by 2007. Toronto Hydro Energy Services can provide everything an organization needs to more effectively manage their energy budget, lowering consumption and controlling costs. The company is the choice of many of Canada's leading companies including retailers, manufacturers and multi-residential building owners and managers, commercial offices and municipalities.

Samples of projects completed or in progress

Toronto Hydro Energy Services is an affiliate of Toronto Hydro Corporation and operates independently at arm's length. The company also serves the residential market providing rental hot water heaters to more than 85,000 households.

Quick facts

• Established in 1998
• A subsidiary of Toronto Hydro Corporation, 100 percent owned by the City of Toronto
• Number of employees: 60
• Provider of professional energy management services to the commercial, industrial, multi-residential and government/institutional market in the GTA and Ontario
• Renewable energy pioneer
• Performance guarantee: 85 percent of proposed energy savings
• Web address: www.THenergyservices.com
• Located at: 10 Belfield Road, Toronto, Ontario M9W 1G1