Toronto Hydro-Electric System Limited

Toronto Hydro-Electric System Limited
Toronto Hydro Corporation

Toronto Hydro Corporation

April 18, 2008 12:26 ET

Toronto Hydro Invites Customers to Take a Load Out, Pin a Load Up and Take a Load Off With New Conservation Program

TORONTO, ONTARIO--(Marketwire - April 18, 2008) -

Editor's Note: A photo for this release will be available via Marketwire on the picture wire of The Canadian Press

Attention: City News Assignment Editors and Lifestyle Editors

Toronto Hydro-Electric System Limited ("Toronto Hydro") is offering consumers a breezy and retro-chic way to reduce their environmental footprint, manage their energy costs and do their laundry this summer with the launch of a new energy conservation program called Take A Load Off Toronto.

Through the Take A Load Off program, consumers can receive one of 75,000 free retractable clotheslines from Toronto Hydro, as well as instant discounts on specialty compact fluorescent light bulbs (CFLs) and cold water washing detergent courtesy of Toronto Hydro when they visit participating retail locations on three consecutive weekends starting April 26th from 10 a.m. to 5 p.m. Customers who visit participating Take A Load Off retail locations will also have an opportunity to learn more about Toronto Hydro-Electric System Limited's peaksaver® program - an award-winning energy demand management program that allows Toronto Hydro to slow down central air conditioning during heat waves, reducing pressure on the power grid.

At the official launch of the program, The Honourable Gerry Phillips, Minister of Energy, congratulated Toronto Hydro on the new Take A Load Off program, saying it will help reinforce the notion that saving energy sometimes is as simple as doing things the good old-fashioned way. "Little things - like using clotheslines instead of dryers, ceiling fans instead of air conditioners, trading old incandescent light bulbs for more efficient ones - all add up to saving electricity and money."

The green Take A Load Off clothesline may seem like a nod to the past, but there is no question it is able to deliver some impressive present-day and future energy savings. For example, if 75,000 Toronto Hydro customers use their free clothesline, together they can save enough electricity to supply close to 1,908 homes. What's more, using a clothesline for just 25 per cent of a household's drying needs could translate into a savings of 30 dollars or 225 kilowatt hours (kWh) a year.

"Toronto Hydro has been leading the way in the area of conservation and demand management since 2005 when we committed to throw our full support behind the Province's vision of building a conservation culture," said Clare Copeland, Chairman of the Board, Toronto Hydro Corporation. "Since that time, we've developed innovative programs such as Summer Challenge for Business, Business Incentive Program, Keep Cool, and peaksaver, all with a view of helping Torontonians, helping the City and helping the Province to take a load off our electricity grid and off the environment."

In 2005, Toronto Hydro-Electric System Limited committed to cutting the City's peak demand by 5 per cent or 250 megawatts (MW) by the year 2008. To this end, it promotes a portfolio of CDM programs, which reduce electricity consumption and help fight global warming. Total investment by Toronto Hydro-Electric System in these programs since 2005 is $62 million and energy savings achieved to date total more than 300 megawatts - enough to power 300,000 Toronto homes.

About Toronto Hydro-Electric System Limited:

A wholly-owned subsidiary of Toronto Hydro Corporation, Toronto Hydro-Electric System Limited delivers electricity through a complex network of poles, wires and underground structures to 680,000 customers and distributes approximately 18 per cent of the electricity in the Province of Ontario. Toronto Hydro Corporation is 100 per cent owned by the City of Toronto.

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