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Guelph Hydro Electric Systems Inc
395 Southgate Dr, Guelph, Ontario, Canada

Memberships : NA
Industry : Electric Power
Basic Member
Since Nov, 2016
About Company

Welcome to Guelph Hydro Electric Systems Inc. We safely and reliably distribute electricity to approximately 53,000 residential, commercial and industrial customers in Guelph and Rockwood, Ontario, Canada.

The company is 100 per cent owned by Guelph Municipal Holdings Inc., which is, in turn, 100 per cent owned by the City of Guelph.

Alignment with Corporate Governance Guidelines

Guelph Hydro Electric Systems Inc., its Board and its management are committed to the highest standards of corporate governance and business ethics. The Board, through its Governance Committee, continually evaluates and enhances the Corporation's governance and business practices through a process of self-evaluation and continuous improvement.

The Corporation fully complies with the applicable requirements concerning corporate governance. While we are not a publicly traded company, we target compliance with the corporate governance rules of Canadian securities regulators. Each year, our corporate governance practices are reviewed to ensure alignment with the relevant Corporate Governance rules. These rules include, but are not limited to:

  • Overseeing the operation of the business and exercising oversight duties on behalf of the Shareholder, Guelph Municipal Holdings Inc.
  • Identification of principal risks and ensuring implementation of appropriate risk management systems
  • Succession planning, including appointing, training, and monitoring senior management
  • Integrity of internal control and management information systems
  • Majority of Directors are independent from management and free from conflicting interest
  • Implementing a process for assessing the effectiveness of the Board, its Committees, and the contribution of the individual Directors
  • Approving the Chief Executive Officer's and Chief Operating Officer's objectives
  • Adopt structures and procedures to ensure that the Board can function independently of management

Corporate Overview

Guelph Hydro Electric Systems Inc. is a local electricity distribution company, delivering electricity safely and reliably to more than 53,000 customers in Guelph and Rockwood, Ontario. Guelph Hydro Electric Systems Inc. provides essential infrastructure for the communities served to grow and prosper, and promotes energy conservation to customers.

Guelph Hydro Electric Systems Inc. is 100 per cent owned by Guelph Municipal Holdings Inc., which is, in turn, owned 100 per cent by the City of Guelph. For more information about Guelph Municipal Holdings Inc.

 

Company NameGuelph Hydro Electric Systems Inc
Business CategoryElectric Power
Address395 Southgate Dr
Guelph
Ontario
Canada
ZIP: N1G 4Y1
PresidentNA
Year EstablishedNA
Employees200
MembershipsNA
Hours of OperationMonday-Friday :8:00 am–4:30 pm
Company Services
  • Electricity Distribution
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