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Ontario’s first ever local electricity market is coming to Alectra

The Independent Electricity System Operator (IESO) is launching Ontario’s first ever local electricity market in York Region, with support from Alectra Utilities and Natural Resources Canada, in an effort to save costs and find affordable alternatives to building new transmission infrastructure.

The local electricity market will allow resources like solar panels, energy storage, and consumers capable of reducing their electricity use to compete to be available during periods of high demand. Leveraging existing local resources could help avoid the need to invest in new transmission lines and stations, while competition will drive down costs.

Download a PDF of the Press Release