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THE HARD FILES · AN OPTIONS BRIEF, NOT A PLAN

The Hydro and Energy File

THE SHORT VERSION

London Hydro dividend to the City, 2025 2025 Financial Report ↗
$5.5M
a month requested for a typical home from May 2027 rate application ↗
+$6.01
of London supplied by two stations with capacity needs dated 2025 London Hydro, May 2026 ↗
~50%
City cost to move six buildings off downtown steam (derived) CTV News ↗
$19.3M

This page is a menu of options, not a plan. It walks through the choices the new council faces on London Hydro, the electricity grid, natural gas, downtown steam and EV charging. They are who sits for the City on London Hydro's board, the London Hydro dividend, the City's new energy company, London's voice in the grid plan for growth, support for battery and generation projects, the City's own energy projects, downtown steam, and public EV charging. For each one it gives evidence for and against, what it cost elsewhere where a figure exists, and the London-scale math, shown in full or plainly marked as not derivable. It recommends nothing.

One structural fact shapes everything here. Council doesn't set electricity or gas prices. The Ontario Energy Board sets electricity prices, London Hydro's rates and Enbridge's gas rates. The Province sets the electricity rebate and the building code. The IESO and Hydro One plan and build the grid. Council's levers are its ownership of London Hydro, land use, the City's own buildings and fleet, and its voice in provincial planning.

Research was completed November 4, 2026. Every claim links to a source, and figures worked out for this page are marked as derived. Climate targets, BetterHomes and green building rules are in the Parks and Environment file, and water billing is in the Water file. The council that takes office November 15, 2026 decides the questions here.

READ EVERY NUMBER HERE WITH THIS

Two measures run through this page: a typical London Hydro home bill of about $133 a month at 700 kWh from November 1, 2026 (derived), and the City budget's own rate of about $4.40 per average home for each $1 million a year on the property tax.

The options at a glance

Each option gets the same three things: its name, who decides it, and one London number. They're listed in the order the research found them, not ranked.

  1. Fill London Hydro's council seat, or plan for a non-voting one
    □ SHARED: CITY + PROVINCE1 of 7 London Hydro board seats is reserved for council
  2. The London Hydro dividend: keep the 40% target, change it, or set its use
    ■ CITY DECIDES$5.5 million in 2025, about $24 per average home (derived)
  3. The City's new energy company: grow it, limit it, or leave it idle
    ■ CITY DECIDES$5 million: the venture size that needs council approval
  4. London's position on the grid plan, and land for stations and lines
    □ SHARED: CITY + PROVINCETwo stations supplying about half of London have capacity needs dated 2025
  5. Council support for battery and generation projects
    □ SHARED: CITY + PROVINCEEvery IESO bid on London land needs a council support resolution
  6. Pay for the City's own energy savings: LED streetlights and solar
    ■ CITY DECIDES$480,000 a year estimated savings from 5,000 LED streetlights
  7. Downtown steam: what the City pays, and what it seeks back
    □ SHARED: CITY + PROVINCEAbout $19.3 million City cost to leave downtown steam (derived)
  8. Public EV charging on City land
    ■ CITY DECIDES28 leased charging spaces at 10 City sites, with no City capital

Where your electricity comes from, and who decides each step

  1. New generation and storage

    WHO DECIDESThe Province sets policy; the IESO buys power; council gives or withholds support

    Every IESO procurement bid on land in a municipality needs a council support resolution. London gave one in October 2025, for two rooftop solar projects. IESO LT2 Municipal Guide, Nov 10, 2025 (PDF) ↗

    OPTION5. Council support for battery and generation projects

  2. Transmission lines

    WHO DECIDESThe IESO plans; Hydro One builds; the Energy Board approves

    The IESO's 2026 bulk plan says London's main supply link allows only 30 MW of growth above 2035 forecast demand. IESO South and Central Bulk Plan, Aug 20, 2026 (PDF) ↗

    OPTION4. London's position on the grid plan, and land for stations and lines

  3. Transformer stations

    WHO DECIDESHydro One owns six serving London; London Hydro plans one more

    Talbot station ran above its summer rating in 2023. London Hydro plans a Southeast station, due in service by 2031. Hydro One, London Area Needs Assessment, Nov 26, 2024 (PDF) ↗London Hydro, About London Hydro ↗London Hydro presentation to SPPC, May 28, 2026 (PDF) ↗

    OPTION4. London's position on the grid plan, and land for stations and lines

  4. London Hydro's wires

    WHO DECIDESLondon Hydro's board, appointed by council; the Energy Board sets rates

    London Hydro serves over 170,000 customers and has asked for $6.01 a month more on a typical home from May 1, 2027. London Hydro 2027 rate application, Exhibit 1 (PDF) ↗

    OPTIONS1. Fill London Hydro's council seat, or plan for a non-voting one, 3. The City's new energy company: grow it, limit it, or leave it idle

  5. Your bill

    WHO DECIDESThe Energy Board sets prices; the Province sets the rebate; London Hydro bills

    A typical 700 kWh bill is about $133 a month at November 2026 prices, and London Hydro's own charges are about 24% before tax and rebate (both derived). OEB electricity price backgrounder, Oct 16, 2026 (PDF) ↗OEB decision and rate order for London Hydro, Mar 19, 2026 (PDF) ↗

  6. The dividend

    WHO DECIDESLondon Hydro's board declares it; council decides its use

    London Hydro paid the City $5.5 million in 2025. City of London 2025 Financial Report, note 6 (PDF) ↗

    OPTION2. The London Hydro dividend: keep the 40% target, change it, or set its use

Gas takes a different path: Enbridge delivers it and the Energy Board sets its prices and rates. Downtown steam comes from Enwave, a private company (option 7).

The honest numbers

Where London stands, every figure linked to its source.

Who owns London Hydro, and what council decides

The City owns all of London Hydro. Council appoints its board and receives its dividend, but the directors run it. A proposed provincial bill would remove councillors from the board from January 1, 2027. London Hydro amended shareholder declaration, SPPC Oct 28, 2025 (PDF) ↗Bill 140, Building Ontario Faster Act, 2026, first reading text, Schedule 16 (PDF) ↗

READ THE NUMBERS (5 POINTS, WITH SOURCES)
  • The City of London is the only shareholder of London Hydro Inc. As shareholder, council appoints the board, receives the dividends, and approves any sale, merger or change in ownership, subject to the Ontario Energy Board. The directors, not council, manage the business, and their legal duty is to the corporation alone. London Hydro amended shareholder declaration, SPPC Oct 28, 2025 (PDF) ↗
  • The 2025 shareholder declaration, adopted by by-law on November 4, 2025 after a 14 to 0 committee vote, sets a seven-member board: one member of council and six at-large members on staggered three-year terms. A director who is a member of council gets no extra pay. Council's approval is needed for amalgamation, new shares, joint ventures with $5 million or more at stake, debt above 70:30, and sales of distribution assets outside the ordinary course. London Hydro amended shareholder declaration, SPPC Oct 28, 2025 (PDF) ↗SPPC minutes, Oct 28, 2025 (PDF) ↗
  • The declaration's guidelines say a combination with another utility is inevitable under current policy, and set tests for one. A merger should add value or lower costs and keep a strong London presence. A sale should lower electricity costs, earn a better return than keeping the shares, keep a regional centre in London and avoid provincial transfer tax. No council item proposing a sale or merger was found from 2016 to 2026. London Hydro amended shareholder declaration, SPPC Oct 28, 2025 (PDF) ↗
  • Councillor Corrine Rahman holds the council seat for the 2022-2026 term. The May 2026 annual meeting resolution sets that seat's term to end November 14, 2026, and the new council fills it. Tania Goodine chairs the board. London Hydro annual meeting staff report, SPPC May 28, 2026 (PDF) ↗SPPC minutes, May 28, 2026 (PDF) ↗
  • Bill 140, the Building Ontario Faster Act, 2026, is a proposed provincial law. It received first reading October 27, 2026, passed second reading November 2, 2026, and was referred to the Standing Committee on the Interior. As written, from January 1, 2027 it would bar council members and municipal staff from the boards of municipally owned electricity distributors that make payments in lieu of tax, set those boards at 7 to 11 members, and let the owning municipality name one unpaid, non-voting participant who gets every board paper. Distributors would also have to publish a dividend policy and director pay. That it covers London Hydro is a reading of the bill; the City's records read for this page don't address it. Bill 140 status, Legislative Assembly of Ontario ↗Bill 140, Building Ontario Faster Act, 2026, first reading text, Schedule 16 (PDF) ↗

Your electricity bill, and who sets each part

The Ontario Energy Board sets electricity prices and London Hydro's rates. A typical bill is about $133 a month (derived), and London Hydro has asked for $6.01 more a month from May 2027. Ontario Energy Board news release, Oct 16, 2026 ↗London Hydro 2027 rate application, Exhibit 1 (PDF) ↗

WHERE A TYPICAL 700 KWH BILL GOES, NOVEMBER 2026 (DERIVED): TO SCALE
Electricity$82.98
London Hydro charges$32.71
Transmission$14.40
Regulatory and smart meter$4.49
Line losses$2.39

Monthly, before 13% HST (+$17.81) and the 15.7% Ontario Electricity Rebate (-$21.50), for a total of about $133. Arithmetic for this page from the Energy Board's November 1, 2026 prices and London Hydro's 2026 tariff, assuming a 64% off-peak, 18% mid-peak, 18% on-peak time-of-use split. Not checked against a published London bill. OEB electricity price backgrounder, Oct 16, 2026 (PDF) ↗

READ THE NUMBERS (7 POINTS, WITH SOURCES)

The dividend, and the money behind it

London Hydro paid the City $5.5 million in 2025, above the 40% target on either earnings basis (derived). That is worth about $24 a year per average home on the property tax (derived). City of London 2025 Financial Report, note 6 (PDF) ↗2026 Annual Budget Update (PDF) ↗

READ THE NUMBERS (6 POINTS, WITH SOURCES)

Power for growth: stations, lines and the 2027 plan

Stations supplying about half of London have capacity needs dated 2025, and new lines take 5 to 7 years. The IESO, Hydro One and the Energy Board decide what's built; council comments and controls land use. IESO London Area plan, needs and options, Oct 2, 2026 (PDF) ↗London Hydro and partners, feedback to the IESO, May 21, 2026 (PDF) ↗

BOTH TRUE AT ONCE
130%
projected growth in London-area summer demand over 20 years, in the IESO's reference forecast (December 2025)
5 to 7 years
for new transmission to be built, the IESO says (October 2026)

IESO London Area plan, needs and options, Oct 2, 2026 (PDF) ↗

READ THE NUMBERS (6 POINTS, WITH SOURCES)

Gas, heat pumps and home energy programs

The Ontario Energy Board sets gas prices and Enbridge's rates, and the Province sets building rules. Council can't require heat pumps or bar gas in new private buildings. OEB Enbridge Union South rate sheet, Oct 1, 2026 (PDF) ↗Bill 98, Royal Assent text (PDF) ↗

READ THE NUMBERS (5 POINTS, WITH SOURCES)

The City's own energy

The City spent about $20.8 million on energy in 2024, and its use rose 4.9%. Its plan aims for 7% less by 2028; LED streetlights and solar at City plants are unfunded. 2024 Corporate Energy Use and Greenhouse Gas Emissions Report (PDF) ↗2024-2028 Corporate Energy CDM Plan, SPPC agenda Aug 15, 2024 (PDF) ↗

READ THE NUMBERS (5 POINTS, WITH SOURCES)

Downtown steam and Enwave

Enwave, a private company, set October 31, 2026 as its date to shut most downtown steam lines. Council has approved about $19.3 million to move six buildings to their own heating (derived), and staff say Enwave has not contributed. CTV News London, May 21, 2026 ↗Council minutes, Mar 31, 2026 (PDF) ↗

WHAT THE CITY IS PAYING TO LEAVE DOWNTOWN STEAM, ONE-TIME (DERIVED TOTAL): TO SCALE
City Hall, Centennial Hall, Central Library, Museum London$11.7M
RBC Place$6.79M
J. Allyn Taylor Building$775,500

About $19.3 million in all, from contingency and reserves. The four-building figure is the March 2026 report's total budget, which already includes the money approved in September 2025, so nothing is counted twice. RBC Place is the May 28, 2026 committee approval; J. Allyn Taylor is the 2025 conversion cost. RBC Place's final cost is still to be reported to council. Staff report, ICSC, Mar 23, 2026: Contracts for Enwave Steam Service Transitions (PDF) ↗

READ THE NUMBERS (5 POINTS, WITH SOURCES)

Charging electric vehicles

A private operator runs 28 charging spaces on leased City land at no City capital cost. The City charges $2.00 an hour at its own stations, and federal charger funding is closed. Civic Works Committee agenda, Mar 21, 2023, SunSaver lease report (PDF) ↗City of London 2026 Fees and Charges, Schedule 2 (PDF) ↗

READ THE NUMBERS (4 POINTS, WITH SOURCES)

Council's record

Most energy votes this term were unanimous, including the London Hydro declaration, the new energy company and the steam conversions. The recorded split was July 25, 2023: 10 to 3 to ask for a net-zero grid by 2035. Council minutes, July 25, 2023 (PDF) ↗SPPC minutes, Dec 9, 2025 (PDF) ↗

READ THE NUMBERS (10 POINTS, WITH SOURCES)
  • Names are in alphabetical order. All are councillors except Mayor Morgan. The minutes record how members voted, not why. Council minutes, July 25, 2023 (PDF) ↗
  • London Hydro
  • On October 28, 2025 the Strategic Priorities and Policy Committee voted 14 to 0 for the new shareholder declaration. For were Cuddy, Ferreira, Franke, Hillier, Hopkins, Lehman, Lewis, McAlister, Mayor Morgan, Peloza, Pribil, Rahman, Stevenson and Trosow. Van Meerbergen was absent. SPPC minutes, Oct 28, 2025 (PDF) ↗
  • On September 19, 2023 the committee voted 15 to 0 to take no further steps on a retail affiliate. On December 9, 2025 it voted 12 to 0 to revive London Hydro Holdings Inc. and create a new City-owned company. For were Cuddy, Ferreira, Franke, Hillier, Lehman, Lewis, McAlister, Mayor Morgan, Pribil, Rahman, Stevenson and Van Meerbergen. Hopkins, Peloza and Trosow were absent. SPPC minutes, Dec 9, 2025 (PDF) ↗SPPC minutes, Sept 19, 2023 (PDF) ↗
  • On May 28, 2026 the committee voted 15 to 0, with every member present, on London Hydro's annual meeting and on the new company's first board: Tania Goodine and Paul Madden for one year, and Mayor Morgan as the member of council. SPPC minutes, May 28, 2026 (PDF) ↗
  • Gas and the grid
  • On July 25, 2023 council voted on Councillor Franke's item titled Phase Out Gas. A motion to refer it to staff failed 5 to 8. For were Hillier, Lehman, Pribil, Stevenson and Van Meerbergen. Against were Ferreira, Franke, Hopkins, Lewis, McAlister, Mayor Morgan, Rahman and Trosow. Council minutes, July 25, 2023 (PDF) ↗
  • The main motion passed 10 to 3. It asked AMO to press the Province for a net-zero electricity grid by 2035, asked staff to seek large local emitters' net-zero plans, and directed staff to talk with Enbridge and London Hydro about the federal Clean Electricity Regulations. For were Ferreira, Franke, Hopkins, Lehman, Lewis, McAlister, Mayor Morgan, Pribil, Rahman and Trosow. Against were Hillier, Stevenson and Van Meerbergen. Cuddy and Peloza were absent for both votes. Council minutes, July 25, 2023 (PDF) ↗
  • Downtown steam
  • On March 31, 2026 council approved the steam conversion contracts 14 to 0 as part of a committee report. For were Cuddy, Ferreira, Franke, Hillier, Hopkins, Lehman, Lewis, McAlister, Mayor Morgan, Peloza, Rahman, Stevenson, Trosow and Van Meerbergen. Pribil was absent. Council minutes, Mar 31, 2026 (PDF) ↗
  • On May 28, 2026 the committee approved RBC Place's steam transition 13 to 0. For were Cuddy, Ferreira, Franke, Hillier, Hopkins, Lehman, Lewis, McAlister, Pribil, Rahman, Stevenson, Trosow and Van Meerbergen. Mayor Morgan and Peloza were absent. SPPC minutes, May 28, 2026 (PDF) ↗
  • City energy and charging
  • On August 15, 2024 the committee approved the 2024-2028 energy plan 12 to 0. For were Cuddy, Ferreira, Franke, Lewis, McAlister, Mayor Morgan, Peloza, Pribil, Rahman, Stevenson, Trosow and Van Meerbergen. Hillier, Hopkins and Lehman were absent. SPPC minutes, Aug 15, 2024 (PDF) ↗
  • On April 4, 2023 council approved the charger lease amendment 14 to 0 as part of a committee report. For were Cuddy, Ferreira, Franke, Hillier, Hopkins, Lehman, Lewis, McAlister, Peloza, Pribil, Rahman, Stevenson, Trosow and Van Meerbergen. Mayor Morgan was absent. Council minutes, Apr 4, 2023 (PDF) ↗

The option space

What cities try for this. Evidence for, evidence against, costs, and who decides, for every option, identically. The site does not pick one. That's council's job, and yours to weigh in on.

OPTION 1 OF 8

Fill London Hydro's council seat, or plan for a non-voting one

London Hydro's board has seven directors, and one seat is reserved for a member of council. The new council fills it for the term. Bill 140, a proposed provincial law now in committee, would bar councillors from the board from January 1, 2027. The City could instead name an unpaid, non-voting participant and recruit another director.

□ SHARED: CITY + PROVINCE■ COSTED
THE EVIDENCE, THE COSTS, WHO DECIDES▾
EVIDENCE FOR
EVIDENCE AGAINST / LIMITS
WHAT IT COST ELSEWHERE
AT LONDON'S SCALE: ARITHMETIC SHOWN

1 of 7 seats. A director who is a member of council gets no extra pay under the 2025 declaration. London Hydro amended shareholder declaration, SPPC Oct 28, 2025 (PDF) ↗

□ SHARED: CITY + PROVINCECouncil appoints all seven directors by by-law. The Province decides whether councillors may sit on the board (Bill 140).
OPTION 2 OF 8

The London Hydro dividend: keep the 40% target, change it, or set its use

London Hydro's board declares a dividend each year, and council's 2025 shareholder declaration sets a target of 40% of net earnings. Council can amend the declaration after consulting the board, and decides in the budget what the money pays for. The 2025 and 2026 budget books don't show the dividend as its own line.

■ CITY DECIDES■ COSTED
THE EVIDENCE, THE COSTS, WHO DECIDES▾
EVIDENCE FOR
EVIDENCE AGAINST / LIMITS
WHAT IT COST ELSEWHERE
AT LONDON'S SCALE: ARITHMETIC SHOWN

$5.5 million in 2025, about $24 per average home on the property tax (derived). The payout was 49% of 2025 earnings on the regulatory basis and 61% on the accounting basis (derived). City of London 2025 Financial Report, note 6 (PDF) ↗London Hydro presentation to SPPC, May 28, 2026 (PDF) ↗2026 Annual Budget Update (PDF) ↗

■ CITY DECIDESLondon Hydro's board declares the dividend. Council sets the target in the shareholder declaration and decides its use in the budget, which the Mayor tables.
OPTION 3 OF 8

The City's new energy company: grow it, limit it, or leave it idle

In December 2025 council approved a new City-owned company for energy and utility services and infrastructure outside London Hydro's regulated business, and asked to revive an older holding company. Its three-member board includes Mayor Morgan. Around January 29, 2027 the board is to recommend whether to grow to five. Council approves any venture with $5 million or more at stake.

■ CITY DECIDES□ COST NOT DERIVABLE
THE EVIDENCE, THE COSTS, WHO DECIDES▾
EVIDENCE FOR
EVIDENCE AGAINST / LIMITS
WHAT IT COST ELSEWHERE
AT LONDON'S SCALE: NOT DERIVABLE FROM PUBLIC DATA

Not derivable: no budget or revenue forecast is published. Council's approval threshold is $5 million of exposure, and the dividend target is 50% of net earnings once it pays. London Hydro affiliate staff report and declaration, SPPC Dec 9, 2025 (PDF) ↗

■ CITY DECIDESCouncil, as sole shareholder, sets the board and approves ventures of $5 million or more. Reviving the older company needs a private act of the Legislature.
OPTION 4 OF 8

London's position on the grid plan, and land for stations and lines

The IESO is writing the London Area plan for new stations and lines and will present draft recommendations at a municipal meeting in early 2027. Council can comment, protect corridors and station sites in the Official Plan and zoning, and start the corridor study London Hydro asked for. The IESO, Hydro One and the Energy Board decide what gets built.

□ SHARED: CITY + PROVINCE■ COSTED
THE EVIDENCE, THE COSTS, WHO DECIDES▾
EVIDENCE FOR
EVIDENCE AGAINST / LIMITS
WHAT IT COST ELSEWHERE
AT LONDON'S SCALE: ARITHMETIC SHOWN

Talbot and Clarke stations supply about half of London (London Hydro, May 2026). The IESO dates capacity needs at Buchanan, Clarke and both Talbot transformer pairs to 2025. London Hydro and partners, feedback to the IESO, May 21, 2026 (PDF) ↗IESO London Area plan, needs and options, Oct 2, 2026 (PDF) ↗

□ SHARED: CITY + PROVINCEThe IESO recommends, Hydro One builds, and the Energy Board approves lines and costs. Council comments and controls land use through the Official Plan and zoning.
OPTION 5 OF 8

Council support for battery and generation projects

Under Ontario's long-term procurement, every battery or generation bid on land in a municipality needs a council support resolution. Council can decide case by case, pass a blanket resolution for some technologies or areas, set rules for how developers engage residents, or decline. It can also update zoning for storage and generation. London has passed one: in October 2025 council supported two rooftop solar bids and directed staff to explore a blanket resolution for future bids.

□ SHARED: CITY + PROVINCE□ COST NOT DERIVABLE
THE EVIDENCE, THE COSTS, WHO DECIDES▾
EVIDENCE FOR
EVIDENCE AGAINST / LIMITS
WHAT IT COST ELSEWHERE
AT LONDON'S SCALE: NOT DERIVABLE FROM PUBLIC DATA

Not derivable. One London request so far: on October 14, 2025 council supported rooftop solar bids by Moose Power and Dream Industrial REIT at 2440 Scanlan Street and 580 Industrial Road in the IESO's first LT2 energy round, and directed staff to explore a blanket support resolution for future bids. Council minutes, Oct 14, 2025, 15th ICSC report item 7 (2.7) ↗

□ SHARED: CITY + PROVINCECouncil passes or declines support resolutions and sets zoning. The Province requires the resolutions, and the IESO picks the winning bids.
OPTION 6 OF 8

Pay for the City's own energy savings: LED streetlights and solar

The City's 2024-2028 energy plan lists projects waiting for money: LED conversion of at least 5,000 of the 15,000 remaining older streetlights, 2.5 MW of solar at the Pottersburg and Vauxhall plants, and 1 MW at the Arva pumping station. No 2026 budget line for any of them was found. Council can fund them, seek grants, or leave them.

■ CITY DECIDES■ COSTED
THE EVIDENCE, THE COSTS, WHO DECIDES▾
EVIDENCE FOR
EVIDENCE AGAINST / LIMITS
WHAT IT COST ELSEWHERE
AT LONDON'S SCALE: ARITHMETIC SHOWN

The two estimates total about $1.45 million a year in savings (derived), about $6.40 per average home on the property tax (derived). City energy cost about $20.8 million in 2024. 2024-2028 Corporate Energy CDM Plan, SPPC agenda Aug 15, 2024 (PDF) ↗2024 Corporate Energy Use and Greenhouse Gas Emissions Report (PDF) ↗

■ CITY DECIDESCouncil, through the budget the Mayor tables. London Hydro connects any solar array.
OPTION 7 OF 8

Downtown steam: what the City pays, and what it seeks back

Enwave, owned by two pension and infrastructure investors, set October 31, 2026 as its date to shut most of its downtown steam lines. Council has approved about $19.3 million to move six buildings, including City Hall and RBC Place, to their own heating (derived). Left to decide: RBC Place's final funding, whether to seek payment from Enwave, and whether to ask the Province to regulate shutdowns.

□ SHARED: CITY + PROVINCE■ COSTED
THE EVIDENCE, THE COSTS, WHO DECIDES▾
EVIDENCE FOR
EVIDENCE AGAINST / LIMITS
  • Enwave's position: it says it has put over $60 million into upgrades since 2017 and that the aging segments are increasingly unreliable and a potential safety risk. CTV News London, May 21, 2026 ↗
  • Against waiting on recovery: RBC Place must be off steam by October 30, 2027, and staff are to report its full cost once it is known. SPPC minutes, May 28, 2026 (PDF) ↗
WHAT IT COST ELSEWHERE
AT LONDON'S SCALE: ARITHMETIC SHOWN

About $19.3 million one-time from contingency and reserves (derived), roughly equal to $85 per average home at the budget's rate (derived). CTV News London, May 21, 2026 ↗SPPC minutes, May 28, 2026 (PDF) ↗2026 Annual Budget Update (PDF) ↗

□ SHARED: CITY + PROVINCECouncil funds the City's conversions and decides any claim or request. Enwave runs its network; the Province could regulate it.
OPTION 8 OF 8

Public EV charging on City land

Since 2020 a private operator has run chargers on leased City parking at no capital cost to the City, paying $10 a space a year plus 7.5% of net revenue. Council could add sites, open a competitive call, fund City-owned chargers, or change the $2.00 an hour fee at City stations. The lease has a 10-year term from 2020.

■ CITY DECIDES■ COSTED
THE EVIDENCE, THE COSTS, WHO DECIDES▾
EVIDENCE FOR
EVIDENCE AGAINST / LIMITS
WHAT IT COST ELSEWHERE
AT LONDON'S SCALE: ARITHMETIC SHOWN

28 leased spaces at 10 City sites (April 2023), and a City fee of $2.00 an hour at City stations (2026). Civic Works Committee agenda, Mar 21, 2023, SunSaver lease report (PDF) ↗City of London 2026 Fees and Charges, Schedule 2 (PDF) ↗

■ CITY DECIDESCouncil, through leases (staff may change sites up to 30 spaces) and the annual Fees and Charges By-law.

What the new council decides, and when

Events on the calendar, not outcomes. Dates nobody has set are marked as such.

  1. From November 15, 2026
    CITY COUNCIL

    The new council takes office. The City's calendar sets committee and board appointments for November 18, confirmed by council November 24; the council seat on London Hydro's board is filled by the new council. London Hydro annual meeting staff report, SPPC May 28, 2026 (PDF) ↗

    OPTION1. Fill London Hydro's council seat, or plan for a non-voting one

  2. January 1, 2027, if the bill becomes law
    PROVINCE

    Bill 140's rules for distributor boards would take effect, barring councillors. The bill is in committee after second reading. Bill 140 status, Legislative Assembly of Ontario ↗

    OPTION1. Fill London Hydro's council seat, or plan for a non-voting one

  3. On or about January 29, 2027
    BOARD OF THE CITY'S NEW ENERGY COMPANY, THEN COUNCIL

    The board of the City-owned energy company council approved in December 2025 is due to recommend to council whether to grow from three members to five. London Hydro affiliate staff report and declaration, SPPC Dec 9, 2025 (PDF) ↗

    OPTION3. The City's new energy company: grow it, limit it, or leave it idle

  4. By February 1, 2027
    MAYOR, THEN COUNCIL

    The Mayor tables the 2027 budget update, where council can fund City energy projects. 2026 Annual Budget Update (PDF) ↗

    OPTION6. Pay for the City's own energy savings: LED streetlights and solar

  5. First quarter of 2027
    IESO

    Draft recommendations for the London Area plan, at a municipal meeting and a public webinar. IESO London Area plan, needs and options, Oct 2, 2026 (PDF) ↗

    OPTION4. London's position on the grid plan, and land for stations and lines

  6. March 31, 2027
    NATURAL RESOURCES CANADA

    The federal charger funding program (ZEVIP) ends. Natural Resources Canada, ZEVIP ↗

    OPTION8. Public EV charging on City land

  7. May 1, 2027 (requested)
    ONTARIO ENERGY BOARD

    London Hydro's requested start date for new rates. It has asked for interim rates if there is no decision by then. London Hydro 2027 rate application, Exhibit 1 (PDF) ↗

  8. By June 30, 2027
    CITY COUNCIL, AS SHAREHOLDER

    London Hydro's annual shareholder meeting: the 2026 statements, the auditor, and two board seats whose terms end. London Hydro amended shareholder declaration, SPPC Oct 28, 2025 (PDF) ↗

    OPTION1. Fill London Hydro's council seat, or plan for a non-voting one

  9. 2027 (date not final)
    IESO, DEVELOPERS AND COUNCIL

    Bids in the IESO's second long-term procurement window. Developers must notify the City at least 60 days before the deadline. IESO LT2 engagement presentation, Aug 20, 2026 (PDF) ↗

    OPTION5. Council support for battery and generation projects

  10. By October 30, 2027
    CITY

    RBC Place is to be off Enwave steam, with a report back to council on final funding. SPPC minutes, May 28, 2026 (PDF) ↗

    OPTION7. Downtown steam: what the City pays, and what it seeks back

  11. By 2031
    LONDON HYDRO

    London Hydro's planned Southeast transformer station is due in service. London Hydro presentation to SPPC, May 28, 2026 (PDF) ↗

    OPTION4. London's position on the grid plan, and land for stations and lines

Where this file meets the Parks and Environment and Water files

What to ask your council

Anyone at City Hall can say this issue matters. These are the questions that ask for specifics. Send them to your councillor, or bring them to a committee meeting.

  1. London Hydro's board has one seat for a member of council, and a provincial bill would end that on January 1, 2027. Who should speak for the City's interest on the board, and how should council hear back from them?
  2. London Hydro paid the City $5.5 million in 2025. Would you keep the 40% target, change it, or set aside the money for something specific?
  3. The City's new energy company can take on ventures, and council approves anything with $5 million or more at stake. What would a venture need to show before you approved it?
  4. Stations supplying about half of London have capacity needs now, and the IESO's draft plan arrives in early 2027. Should London protect land for new lines and stations before routes are set?
  5. Battery and generation bids on London land need council's support. Would you decide each one separately, set a standing policy, or decline them?
  6. LED streetlights and solar at City plants could save about $1.45 million a year by staff estimates, with no capital cost published. Would you fund them, and from what?
  7. The City is paying about $19 million to move buildings off Enwave's steam. Should it keep seeking payment from Enwave, ask the Province to regulate shutdowns, or close the matter?
  8. The charger lease on City parking has a 10-year term from 2020. When it ends, would you renew it, put it out to tender, or build City-owned chargers?
CLAIMS THAT COULDN’T BE VERIFIED, SO THEY’RE NOT ON THIS PAGE ▾

These circulate in coverage of this issue but could not be traced to a source that loads and says what’s claimed. The site would rather show you the gap than publish the number.

  • London Hydro's website describes an annual 5% dividend, which doesn't match the 40% target in the 2025 shareholder declaration. It isn't used here.
  • London Hydro's September 2025 statement that over 13,000 customers, about 13% of its base, get Ontario Electricity Support Program credits. The percentage doesn't match its customer count, so the year-end registrant count from its rate filing is used instead.
  • Where the London Hydro dividend sits in the City budget, and whether any of it goes to a reserve.
  • The Province's October 27, 2026 announcements on local electricity distributors and its expert panel's final report, including any merger timeline.
  • The start and end dates of Enbridge's gas franchise agreement with London.
  • Whether the two London rooftop solar bids supported in October 2025 won IESO contracts, and whether staff have brought back a blanket support resolution.
  • The state of the four City buildings after the October 31, 2026 steam shutoff, and the final cost.
  • Capital costs for the LED streetlight and City solar projects.
  • A London energy poverty rate, and City funding for the Housing Stability Bank's utility arrears help.
  • The City's 2025 corporate energy figures.
  • Whether the lands added by OPA 166 are in the IESO's London forecast.