Sault Ste. Marie PUC
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About PUC

Community Based, Community Owned, Community Minded

 
PUC Inc. is the holding company incorporated under the Ontario Business Corporations Act with four subsidiary organizations: PUC Distribution, PUC Telecom, PUC Energies and PUC Services.
 
Our Strategic Mandate 
 
maintain customer service;
promote growth and opportunity for the City of Sault Ste. Marie;
maximize job creation;
maximize shareholder value;            
maintain environmental and safety leadership.
Vision  
A customer focused company valued by the communities we serve. 
 
Mission 
Serve communities through the efficient, safe and reliable delivery of high quality 
Utility services. 
 
Core Values 
Competency, integrity and efficiency in all our work. 
Respect for our community, customers and co workers. 
Respect for the environment and for the safety of ourselves and others. 
A desire for continuous improvement. 
 
The shareholder, the Corporation of the City of Sault Ste. Marie, approved a change in the governance structure of PUC Inc. and its subsidiaries in 2001. The change consolidated the decision-making powers for the subsidiary companies with the PUC Inc. Board resulting in a more effective reporting relationship between management staff and the Board of Directors. The current governance structure complies with the requirements of the Ontario Electricity Act of 1998 that requires that the distribution of electricity by municipally owned companies be the exclusive business of one separate organization. Any affiliated businesses must be conducted by other incorporated entities.
 
PUC Inc. has provided the following interest payments to the City of Sault Ste. Marie:
 
2001: $1,503,733.00
2002: $2,537,866.00
2003: $2,545,400.00
2004: $2,545,000.00
2005: $2,545,000.00
2006: $2,545,000.00 
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