Alectra Incorporated, through its subsidiary Alectra Utilities Corporation, is an electric utility and distributor that serves several municipalities in the Golden Horseshoe region of Ontario. It is a municipally-owned corporation with shares in varying amounts held by the municipalities which owned its predecessor companies.
When it was founded, Alectra was described as the second largest municipally-owned electricity utility in North America after the Los Angeles Department of Water and Power. As of January 2019 it is the largest municipally-owned electricity utility in Canada, by number of customers served.
Following its formation, Alectra continued to hold the 50% ownership stake formerly held by PowerStream in Collus PowerStream (which services Collingwood and surrounding area) until 2017. Alectra announced on November 9, 2017 that it was selling its ownership stake in Collus PowerStream back to the Town of Collingwood, with the Town announcing that it was selling Collus PowerStream to EPCOR Utilities.
On January 5, 2021, Alectra acquired power restoration company Holland Power Services based in Maugerville. Holland Power Services operates throughout the east coast of Canada and the United States and has 5 locations: 1 in New Brunswick (headquarters), 2 in Ontario, 1 in Quebec, and 1 in Maine
On June 10, 2024, Alectra announced their acquisition of another power restoration company, Gagnon Line Construction, based in Grand Falls/Grand Sault, New Brunswick. Gagnon Line Construction has two locations: 1 in New Brunswick, and 1 in Quebec. The acquisition of both Holland Power Services and Gagnon Line Construction makes Alectra the largest storm restoration company in Eastern Canada.
Employees of Alectra's predecessor companies had previously been represented by the Power Workers' Union, the International Brotherhood of Electrical Workers, and Unifor. Following a vote on June 28, 2017 the majority of unionized employees of Alectra and its subsidiaries agreed to be represented solely by the Power Workers' Union.
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