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Toronto Hydro 2014 CR Report_FINAL

CDM targets As a condition of our distribution licence, we are assigned conservation targets by the OEB. From 2011 to 2014, we were given a goal to achieve 1,304 GWh of electricity savings and a reduction of 286.3 MW in summer peak demand. Energy Savings (GWh) Summer Peak Demand Savings (MW) 1,304.0 1,451.5 2011 - 2014 Target 2014 Achievement 2011 - 2014 Achievement 185.6 65.8 In 2014, we made progress towards reaching our conservation targets established for the period from January 2011 to December 2014. We achieved 61% of our four-year summer peak demand target, and exceeded our electricity consumption target, achieving 111% of our goal. In 2014 alone, our gigawatt-hour savings represented a greenhouse gas emissions reduction of 17,817 tonnes of carbon dioxide equivalent emissions or the equivalent electricity consumption of approximately 17,100 single family households9. 30 TORONTO HYDRO 2014 CORPORATE RESPONSIBILITY REPORT 174.8 286.3 2011 - 2014 Target 2011 - 2014 Achievement How we compare to other local distribution companies in Ontario Based on the preliminary results, we out-performed the provincial average electricity consumption and summer peak demand savings. For consumption savings, Toronto Hydro and 35 other local distribution companies (out of 76 local distribution companies) exceeded their savings targets. 9 Number of houses calculated using IESO 2011 Residential Housing Use for Ontario (185 GWh/10,819 kWh = 17,155). 2014 Achievement


Toronto Hydro 2014 CR Report_FINAL
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