2025 Annual Report
Our accomplishments attest to two important truths: the transition to sustainable energy is happening in real time and we are at the vanguard of action in our community.
Bernie Ashe
Chair, Board of Directors
Against the backdrop of a business environment in constant flux, our attention and excitement are directed firmly towards the future.
Bryce Conrad
President and Chief Executive Officer
Our Annual Report includes a summary of the progress we’re making in incorporating sustainability across our business practices and building a more sustainable future for our communities.
In 2025, we advanced our journey towards a smart energy future through sustainable growth, enhanced operational efficiency, and improved performance across environmental, social and governance (ESG) indicators.
Hydro Ottawa Group embraces our twin responsibilities to serve as an essential service provider for our customers and to generate returns for our shareholder, the City of Ottawa.
We remain committed to maximizing value over the short and long term, mindful that our earnings help support the funding of municipal programs and services that are vital to community wellbeing.
2025 was a year of strong performance across all of our core business lines. We delivered a record level of investment in our distribution grid and positioned ourselves favourably for long-term growth by strengthening our financial capacity and advancing new opportunities to expand our business activity.
$396.6 Min revenue (excluding power recovery)
$35.4 M in net income
$232.6 Min capital investment
$3.0 Bin assets
620+ GWhof clean electricity production
6.4%return on equity
Learn more about Hydro Ottawa Group’s numerous initiatives and accomplishments in 2025.
2711 Hunt Club Road, PO Box 8700
Ottawa ON K1G 3S4
Phone (613) 738-6400 • Fax (613) 738-6403
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