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PowerStream to Assist Power Restoration Efforts in Connecticut

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VAUGHAN, ONTARIO--(Marketwire - Nov. 1, 2012) - PowerStream is sending four, three-man crews in four bucket trucks and three pick-up trucks to Connecticut early Friday morning to assist Hartford-based Northeast Utilities in restoring power to thousands of customers who have been without electricity since Monday when Hurricane Sandy swept across the U.S. northeast.

Although power has been restored to some customers in Connecticut, as of Thursday afternoon more than 350,000 were still without service.

The PowerStream contingent will be providing assistance over the next week and have joined staff from several other Canadian electric utilities to help restore power safely and as quickly as possible to customers in the U.S. northeast affected by the storm.

CORE NEWS



-- PowerStream has reciprocal agreements in place with other utilities to
provide assistance during significant power outages.



QUOTES



-- "Hurricane Sandy has been devastating, and we must come together at
times like these. As one of Ontario's largest municipally-owned
electricity distribution companies, we recognize the importance of being
there to assist other utilities restore and help their communities,""
explained Frank Scarpitti, PowerStream Board Chair and Mayor of the City
of Markham. "As an industry leader and a socially responsible company,
we have an obligation to assist others in their time of need."

-- "It is important for us provide this assistance and I am proud of our
employees for their response," said Brian Bentz, PowerStream's President
and CEO. "It's not easy to work under such difficult and unfamiliar
conditions but they recognize the urgency of the situation and the need
to be of assistance, especially given the number of people affected."




ABOUT POWERSTREAM

PowerStream is the second largest municipally-owned electricity distribution company in Ontario, providing service to more than 355,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario including Alliston, Aurora, Barrie, Beeton, Bradford West Gwillimbury, Markham, Penetanguishene, Richmond Hill, Thornton, Tottenham and Vaughan as well as Collingwood, Stayner, Creemore and Thornbury through a partnership with the Town of Collingwood in Collus PowerStream. The company is jointly owned by the municipalities of Barrie, Markham and Vaughan.

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FOR FURTHER INFORMATION PLEASE CONTACT:
PowerStream
Eric Fagen
Director, Corporate Communications
Media Line (24/7): 905-532-4400
news@powerstream.ca
www.powerstream.ca

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