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Toronto Hydro 2012 CR Report

INTRODUCTION OUR SERVICES OUR WORKFORCE OUR ENVIRONMENTal The Cost of a Reliable Distribution Grid Replacing our aging distribution equipment is a costly endeavour. Toronto Hydro needs to invest approximately $3.2 Billion to replace assets past their expected useful life. We have developed a long-term capital plan to address this and will continue to submit rate applications to the Ontario Energy Board (OEB) to secure the funding to complete these upgrades. We are working to balance the need for investment with prudent costs. 28% $3.2B ASSETS PAST END-OF-LIFE 20% $2.4B ASSETS WILL REACH END-OF-LIFE BY 2024 52% $6.1B ASSETS PRIOR TO END-OF-LIFE TORONTO HYDRO 2012 corporate respnosibility report 44 VIDEO: “T-Rex” a dying breed, but not the last of its kind. Today, approximately 28% of Toronto Hydro’s assets are beyond their useful life. Watch this video to learn about one of our oldest transformers in service — it was installed in the late 1920s. INITIATIVES OUR COMMUNITY OUTREACH OUR ECONOMIC PERFORMANCE OUR GOVERNANCE, COMPLIANCE AND BUSINESS CONDUCT


Toronto Hydro 2012 CR Report
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