Great Exchange Diverts the Equivalent of Almost 800 Homes from Toronto's
Power Grid

~ Toronto Hydro's light bulb, room air conditioner and dehumidifier trade-in program exceeds targets ~

TORONTO, July 21 /CNW/ -

NEWS

Today, Toronto Hydro-Electric System ("Toronto Hydro") announced that its Great Exchange program succeeded in easing the burden on the power grid by over 7,100 MWh - the equivalent of taking approximately 790 houses off the grid for one year. The Great Exchange, which encouraged residents to turn in their incandescent light bulbs, room air conditioners and dehumidifiers in exchange for rewards, exceeded electricity reduction targets thanks to the efforts of thousands of Torontonians.

The Great Exchange set out to retire and responsibly recycle 150,000 incandescent light bulbs, 5,500 room air conditioners and 1,500 dehumidifiers. Through 189 events at all Toronto-area Rona, The Home Depot and Walmart locations, 150,000 incandescent light bulbs, over 8,000 room air conditioners and more than 1,800 dehumidifiers were turned in - breaking previous program records and exceeding targets by up to 45 per cent.

Toronto residents who brought in up to five incandescent light bulbs hiding in their homes during the Great Exchange had a chance to receive the same number of compact fluorescent light bulbs in return - a retail value of approximately $12. Residents who brought in room air conditioners and dehumidifiers received a $25 or $10 gift card respectively.

The Great Exchange ran on June 5/6, 12/13 and 19/20 at all Toronto Rona, The Home Depot and Walmart locations. Torontonians were also encouraged to visit the Great Exchange teams at 26 events at select schools from the Toronto District and Catholic District School Boards, another 26 events at select Toronto Community Housing and privately managed properties and seven select Community Environment Days.

OTHER QUICK CONSERVATION FACTS

• Approximately 65,000 Toronto residential & business customers have signed up for peaksaver®. When activated this could represent just over 58 MW of peak demand reduction
• the same as taking almost 40,000 homes off the grid. - Approximately 19,500 old fridges have been retired/recycled in Toronto since 2007.

BOILERPLATE:
Toronto Hydro Corporation is a holding company, which wholly-owns two principal subsidiaries:

• Toronto Hydro-Electric System Limited - which distributes electricity and engages in Conservation and Demand Management ("CDM") activities; and
• Toronto Hydro Energy Services Inc. - which provides street lighting services.

The principal business of the Corporation and its subsidiaries is the distribution of electricity by Toronto Hydro-Electric System Limited. Toronto Hydro-Electric System owns and operates an electricity distribution system, which delivers electricity to approximately 690,000 customers located in the City of Toronto. It is the largest municipal electricity distribution company in Canada and distributes approximately 18% of the electricity consumed in Ontario.

For further information:

Sebastian Gatica, Optimum Public Relations, [email protected], W: 416.306.6655
Tanya Bruckmueller, Toronto Hydro, [email protected], W: 416.542.2621 C: 416.903.0440