(EDITOR’S NOTE: A few weeks back we published an article about projects funded through a “Community Initiative Fund” for the Carp Road Landfill. As part of an agreement with the City of Ottawa, Waste Management has contributed over $600,000 to projects in West Carleton, Stittsville, and Kanata. In 2007, $60,000 of that amount went to a project called Buy the Village Green in Carp. We were curious about what the funds were used for, and sent reporter Victoria Klassen to look into it. Here’s what she found.)Continue reading →
We’ve been waiting for a few months now to find out whether or not Hydro Ottawa could reach a deal with Hydro One to acquire about 45,000 customers who live in the Ottawa area.
A letter today from Hydro Ottawa’s president confirms that there’s no deal.
“Unlike previous efforts to acquire these customers, Hydro One staff were very open and transparent with their financial information and the modelling that underpinned their valuation,” wrote Bryce Conrad in an email to the mayor and councillors. “While the process and the final valuation remains covered by a confidential non-disclosure agreement, Hydro Ottawa is prepared to acknowledge that the valuation placed on these customers by Hydro One is both valid and defensible. Unfortunately, and with regret, we are unable to conclude a commercial agreement with Hydro One to acquire these 45,000 customers in the outlying areas of the City of Ottawa.”
“While we are disappointed with this outcome, I can assure the shareholder that every effort was made over the past 6 months to correct and remedy this historical mistake,” he wrote. The full letter is included below.
There are a few places in Stittsville (like in Fairwinds North and on Lloydalex) where one side of the street belongs to Hydro Ottawa, and the other side is in Hydro One territory. In most cases, the Hydro One customers pay more for their electricity.
Earlier this fall, West Carleton councillor Eli El-Chantiry called the process “a complicated exercise”.
“Further complicated by changes to Hydro One’s governance model (the privatization of a portion of Hydro One) as well as the regulatory model within which the industry operates,” he said.
From West Carleton Councillor Eli El-Chantiry’s email newsletter:
This past June I updated residents with some favourable news regarding having 45,000 Hydro One customers transferred to Hydro Ottawa.
At that time, Jim Durrell (Hydro Ottawa Board Chair) addressed Ottawa City Council and noted he was hopeful to have a resolution of some kind by September 2015 to this longstanding issue.
As it’s now October and we haven’t received further updates, I connected with Hydro Ottawa to find out the latest on negotiations. Bryce Conrad, President and CEO of Hydro Ottawa, noted to me last week that both parties have had a number of positive meetings since June and both sides are engaged in good faith. At this point both parties have exchanged and are reviewing detailed financials underpinning any potential transaction.
This is a very complicated exercise – further complicated by changes to Hydro One’s governance model (the provincial government has made clear it plans to privatize a portion of Hydro One through an IPO process) as well as the regulatory model within which the industry operates. Discussions are expected to continue, and both parties will keep their respective shareholders fully briefed and informed as to the process and deliberations.
Mr. Conrad acknowledges that that process may seem like its taking longer than it should, but he reiterates that for a deal to happen, all parties need to be satisfied that it’s in the best interest of their shareholders and customers. I will continue to stay on top of this issue and will update residents as I know more.
The City of Ottawa has received a Site Plan Control application from the West Carleton Environmental Centre (WCEC) to permit an expansion to the existing waste disposal facility at 2301 to 2437 Carp Road and 512 William Mooney Road. The application includes constructing a new landfill footprint and relocation of the primary site entrance with an associated widening of Carp Road. The plans also include a minor expansion to the existing waste processing and transfer facility, as well as a minor reconfiguration of existing buildings and infrastructure. (CLICK HERE for link to the application material.)
A public information meeting has been scheduled for:
Monday, June 15, 2015 6:30-8:30pm
Carp Agricultural Hall, 3790 Carp Rd.
Councillor El-Chantiry will be in attendance, along with city staff, Waste Management representatives and personnel from the FoTenn Consulting team.
The public comment period is ongoing until June 25. Residents can also provide comments directly to firstname.lastname@example.org.