Who We Are
We’re powering life’s most meaningful moments, as well as creating a harmonious connection between experiences and people and the environments where they dwell. Through our safe and reliable services, we illuminate, we move, we grow, we comfort, we nourish, and we educate, ultimately shaping stronger communities and a better world.
Elexicon Corporation is a holding company, 100 per cent owned by five municipal shareholders: the Town of Whitby, the City of Pickering, the Town of Ajax, the Municipality of Clarington and the City of Belleville. Elexicon Corporation consists of two wholly owned subsidiary operating companies: Elexicon Energy Inc. and Elexicon Group Inc.
Elexicon Energy Inc. is a regulated electricity distribution company that delivers electricity to approximately 175,000 homes and businesses located in ten municipalities in east-central Ontario. The company is regulated by the Ontario Energy Board, an independent regulator of the electricity and natural gas sector. Elexicon Energy, through its investments, is focused on grid modernization and integration of innovative technologies to its distribution network to provide reliable and cost-effective services, to meet the current and future needs of its customers.
Elexicon Group Inc. is an emerging market leader in reducing energy costs and improving sustainability for private and public sector clients. The company believes that the two most powerful ways it can make a difference is by making buildings more energy efficient and accelerating the adoption of electric vehicles (“EVs”). Elexicon Group’s Envision Utility Management program uses measurement, data and insights to identify and deliver innovative and best in class energy solutions for its clients, including system design, recommissioning and retrofits. The company’s joint venture, EVSTART, aims to lead the Canadian market in the implementation of EV charging stations. Elexicon Group relentlessly pursues innovation and challenges the status quo in the pursuit of better bottom lines for its clients.
Facts + Figures
$9.4M in dividends paid to shareholder municipalities, ...Read More