Marathon Company Saving On Electricity Costs
McGuinty Government Helping To Keep Energy Costs Down, Protect Jobs
Ontario is helping a gold mine in the Hemlo area near Marathon reduce its energy costs, stay competitive and protect 545 jobs
Through the Northern Industrial Electricity Rate (NIER) program, Williams Operating Corporation will receive energy rebates of two cents per kilowatt-hour (kWh) to help manage their electricity costs and improve their energy efficiency and sustainability.
Partnering with companies in Northern Ontario communities is part of the McGuinty government's plan to create and support jobs for Ontario families and to strengthen local economies.
- Ontario has provided more than $4 million to the Williams Operating Corporation, and the company will be eligible for further rebates.
- Averaging $150 million per year in assistance, the three-year NIER program will provide electricity rebates of two cents per kilowatt-hour.
- Williams Operating Corporation is one of the largest gold producers in Canada. The Williams and David Bell mines are owned and operated by Barrick Gold Corporation.
“The Northern Industrial Electricity Rate program is a key component to keeping our northern economy prosperous. By improving energy efficiency at Williams Operating Corporation we are helping the local company to increase their productivity and keep jobs in the Hemlo area.”
“Ontario is partnering with companies like Williams Operating Corporation to maintain their competitiveness in the global market. This program promotes better energy management in Ontario and helps local companies save money, improving their competitive advantage.”
“At our operations here at the Williams and David Bell mines, we're actively pursuing ways to reduce our production costs and increase competitiveness for the benefit of our company, our employees and our community. Williams Operating Corporation appreciates the support that the Ontario government is providing to major energy users like us in Northern Ontario through the Northern Industrial Electricity Rate Program.”