Waterloo North Hydro
Enova Power Corp. (formerly Waterloo North Hydro) is a regulated electricity distribution utility serving residential, commercial, industrial, student, EV-owner, and developer customers across the Waterloo Region of Ontario, including Kitchener, Waterloo, Wellesley, Woolwich, and Wilmot townships.
- Company typePrivate
- Founded1905
- HeadquartersWaterloo, Canada
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Waterloo North Hydro firmographics
Firmographics- Name
- Waterloo North Hydro
- Legal name
- Enova Power Corp.
- Website
- https://wnhydro.com
- Company type
- Private
- Founded year
- 1905
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Enova Power Corp. (formerly Waterloo North Hydro) is a regulated electricity distribution utility serving residential, commercial, industrial, student, EV-owner, and developer customers across the Waterloo Region of Ontario, including Kitchener, Waterloo, Wellesley, Woolwich, and Wilmot townships.
- Ownership category
- akta.pro rank
Waterloo North Hydro industry classification
Industry- Product category
- Electricity Distribution
- NAICS
- Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Public Power Districts & State/Provincial Utilities (EUADABAD)
Keywords
Where Waterloo North Hydro is headquartered
LocationHeadquarters
- HQ city
- Waterloo
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Waterloo North Hydro business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Electricity Distribution Services: Regulated electricity distribution utility providing power delivery services to residential, commercial, and industrial customers in Waterloo Region. Revenue is generated through distribution rates approved by the Ontario Energy Board, charged based on electricity consumption and customer class.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Time-of-Use Pricing for Residential and Small Business Customers |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Waterloo North Hydro product offering
Product offeringCore offering
Waterloo North Hydro (operating as Enova Power Corp.) is a regulated electricity distribution utility delivering power to residential, commercial, and industrial customers across the Waterloo Region of Ontario, including Kitchener, Waterloo, Wellesley, Woolwich, and Wilmot townships. The company operates an exclusive distribution franchise granted by the Ontario Energy Board, generating revenue through distribution rates approved by the regulator, and provides customer-facing services including online account management, real-time outage monitoring, net metering, and developer/contractor connection services.
Product overview
Enova Power Corp. (formerly Waterloo North Hydro) operates as a local electricity distribution company serving residential, small business, and large business customers in the Kitchener, Waterloo, Wilmot, Wellesley, and Woolwich regions of Ontario. The company's core offerings include the Online Account Management Portal for customer self-service, an Interactive Outage Map for real-time power disruption tracking, Green Button standardized energy data access, Net Metering programs for distributed energy resources, and electricity rates management. Additional services encompass developer and contractor resources with property connection services, suite metering, and a Feeder Capacity Map for planning distributed energy connections.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Named one of Southwestern Ontario's Top Employers for Second Consecutive Year
Companies that use Waterloo North Hydro
Customer profileSegments6 records
Ideal customer profiles4 records
Waterloo North Hydro technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Waterloo North Hydro partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights5 records
Waterloo North Hydro competitors and assessment
Company assessmentRegional players
- Toronto Hydro: Large municipally-owned electricity distribution utility for the City of Toronto; same regulated distribution model under the OEB in a different territory.
- Oakville Hydro: Community-owned Ontario LDC of comparable mid-size scale delivering regulated electricity distribution and customer services.
- ENWIN Utilities: Windsor-area municipally-owned electricity distribution utility with a comparable regulated LDC model serving residential and business customers.
- Alectra Utilities: One of Ontario's largest municipally-owned local distribution companies serving the Greater Toronto and Golden Horseshoe area; directly comparable as a regulated electricity distribution utility, in a neighbouring territory.
- Elexicon Energy: Municipally-owned Ontario LDC serving Durham/west-GTA communities; comparable regulated electricity distribution utility formed via merger of local hydro utilities.
- London Hydro: Local electricity distribution utility serving London, Ontario, with similar OEB-regulated rates, digital account tools, and Green Button offerings comparable to Enova.
- Hydro Ottawa: Municipally-owned local distribution company serving Ottawa; a directly comparable regulated Ontario LDC of similar or larger scale.
Direct peers
- Kitchener-Wilmot Hydro: The adjacent Kitchener/Wilmot local distribution utility that combined with Waterloo North Hydro to form Enova Power; essentially the same business model in the same region.
Broad incumbents
- EPCOR: Municipally-owned Canadian utility providing electricity distribution alongside water and other services; overlaps in regulated electric distribution but with a broader multi-utility portfolio.
- Hydro One: Ontario's dominant transmission and rural distribution utility; overlaps in electricity distribution but operates at provincial scale across both transmission and distribution.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Waterloo North Hydro social profiles
Digital presenceWaterloo North Hydro financial estimates
Financial estimateRevenue estimate
Valuation estimate
Waterloo North Hydro leadership team
Management profileNumber of profiles
Waterloo North Hydro funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Waterloo North Hydro M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Waterloo North Hydro
What does Waterloo North Hydro do?
Waterloo North Hydro (operating as Enova Power Corp.) is a regulated electricity distribution utility delivering power to residential, commercial, and industrial customers across the Waterloo Region of Ontario, including Kitchener, Waterloo, Wellesley, Woolwich, and Wilmot townships. The company operates an exclusive distribution franchise granted by the Ontario Energy Board, generating revenue through distribution rates approved by the regulator, and provides customer-facing services including online account management, real-time outage monitoring, net metering, and developer/contractor connection services.
Is Waterloo North Hydro a public or private company?
Waterloo North Hydro is a private company. It is classified as unknown and is currently operating.
When was Waterloo North Hydro founded?
Waterloo North Hydro was founded in 1905. It employs 101 to 250 people.
Where is Waterloo North Hydro based?
Waterloo North Hydro is headquartered in Waterloo, Canada, in the North America region.
How does Waterloo North Hydro make money?
One revenue line is on record: electricity Distribution Services.
Who are Waterloo North Hydro's main competitors?
Regional players on record are Toronto Hydro, Oakville Hydro, ENWIN Utilities, Alectra Utilities, Elexicon Energy, London Hydro and Hydro Ottawa. Kitchener-Wilmot Hydro is listed as a direct peer. Broad incumbents are EPCOR and Hydro One.
Does Waterloo North Hydro have an API?
No public API is recorded for Waterloo North Hydro.
What industry is Waterloo North Hydro in?
Waterloo North Hydro's product category is Electricity Distribution. Its primary akta.pro industry code is EUADABAD, Public Power Districts & State/Provincial Utilities. Its NAICS code is 22112 and its SIC code is 4911.