Oshawa Power declares 2018 dividend for the City of Oshawa

June 24, 2019 – OSHAWA – Oshawa Power held their annual general meeting on June 13, 2019. In attendance were Oshawa Power staff, board members, Oshawa city and regional Councillors, City of Oshawa staff, and Mayor Dan Carter.

“We are Oshawa Power” was the ongoing theme throughout the 2018 summary. Oshawa Power proudly displayed their accomplishments in the community, innovation, reliability, customer service and growth areas.

“Every day, Oshawa Power goes the extra mile to safely and reliably deliver electricity and energy-related services; provide the lowest residential distribution rates for power in Durham Region; grow the value of our company; and maintain a steady stream of revenue that our shareholder, the City of  Oshawa (the City), uses in delivering the services and infrastructure that make Oshawa a vibrant community.” Quoted from the annual report.

Oshawa Power declared an annual dividend payment for the City of Oshawa of $2.5 million, an increase from 2017’s $2.3 million.  An outstanding accomplishment considering recent government and regulatory changes. Oshawa Power is committed to maintaining its excellence customer service, exceptional value, and to continue being a truly great company.

Oshawa Power invites you to read their 2018 annual report and AGM Presentation 2019.

If you have any inquiries please reach out to Sheila Risorto 905-723-4626 extension 5243 or srisorto@opuc.on.ca.