ABOUT
TOWN OF COBOURG HOLDINGS INC. (“Holdco”) is a holding company which wholly owns Lakefront Utilities Inc. (“LUI”) and Lakefront Utility Services Inc. (“LUSI”).
Town of Cobourg Holdings Inc. was incorporated under the Business Corporation Act (Ontario) on April 12, 2000, and through its affiliates, is engaged in the distribution of electricity and associated business activities. We serve 11,000 residential and commercial customers across the Town of Cobourg and the Village of Colborne.
Holdco is committed to providing its customers with safe, reliable and efficient services. We achieve this goal by focusing on operational efficiencies and procedures in order to minimize overhead costs and maximize the use of company assets. In other words, if you are one of our customers, Holdco strives to be efficient and provide you with optimum service, safely and reliably. We help educate our customers on electricity safety, as well as offer conservation programs for residential and business customers. We provide smart metering to help our customers manage their energy costs and through our website, we help customers manage their Lakefront account with ease.
We are a diversified energy and services company that serves our customers through two operations:
Lakefront Utilities Inc. (LUI) – our regulated utility through which we distribute electricity and promote energy conservation to approximately 11,000 customers in the Town of Cobourg and Village of Colborne.
Lakefront Utility Services Inc. (LUSI) – our non-regulated services company, which provides water services to municipalities related to the design, operation, maintenance and compliance of water systems, as well as high-speed dedicated data systems and renewable energy services such as residential EV chargers, battery storage and solar generation.
Lakefront Utilities Inc. (LUI) was incorporated under the Business Corporations Act (Ontario) on April 12, 2000 and holds the Ontario Energy Board licence to own and operate an electricity distribution system which delivers electricity to approximately 11,000 customers in the Town of Cobourg and Township of Cramahe. While LUI owns the wires, poles, transformers and meters that bring electricity from the provincial electricity transmission grid to the doors of 11,000 homes and businesses, the electrical system is proudly operated by the employees of Lakefront Utility Services Inc. (LUSI).
Lakefront Utility Services Inc. (LUSI) provides the human resources, administrative, financial and operational services to Holdco and the utility subsidiaries, safely and efficiently, in compliance with applicable regulations. LUSI provides customer-focused and cost-effective multi-utility services so that customers benefit from service advantages and economies of scope, and cost savings. LUSI also operates multiple water systems in Northumberland County, providing access to clean, safe, and reliable drinking water to the local communities we serve. The systems we operate includes the Town of Cobourg, Village of Colborne and Township of Alnwick/Haldimand (Grafton). The company’s main focus is to treat and distribute water to residents of the municipalities we operate while ensuring we adhere to stringent regulatory compliance and guidelines. We maintain high standards of Drinking Water Quality Management System to ensure that the water is safe for consumption. All our operators must undergo a rigorous annual certification renewal process to update their knowledge, which is crucial for providing high-quality water services.
The Corporation of the Town of Cobourg is the majority shareholder of the Town of Cobourg Holdings Inc., with the Township of Cramahe (Colborne) owning one share.
