New Hamilton Hydro Utility to Be Called Alectra

By Joey Coleman // @JoeyColeman
Published: Jan 16 2017 (6 months ago) // Last Updated: Jan 16 2017 (6 months ago)

As noted on this microblog a month ago, the Ontario Energy Board is approved the Horizon Utilities mega-merger.

Today, the new utility's name was unveiled as "Alectra" with the slogan "Discover the Possibilities".

The new utility launches on February 1, 2017.

Mayor Fred Eisenberger will receive $35,000 year from the utility in addition to his $171,441 base salary.

With the pay raise, Mayor Eisenberger joins a small club of $200,000 plus mayors - and will make more than Toronto Mayor John Tory.

Mayor Tory was paid $182,637 in 2015 and received no further compensation for his mayoral responsibilities to sit on municipal boards and agencies.

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