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Parry Sound Power Corporation (“Wiresco”) owns the land, land rights, distribution station, poles, towers and fixtures, overhead and underground
conductors and devices, underground conduit, line transformers, services and meters. Wiresco distributes power from Genco to its customers and is
responsible for the activities relating to the transmission, distribution and retailing of electricity. The rates it charges are regulated and approved
by the Ontario Energy Board. Wiresco’s corporate objective is to provide safe and reliable electricity to its customers at a reasonable cost. Wiresco
purchases energy from both Genco and OPG and sells it to its consumers a majority of who are landowners in the Town.
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