Universal Energy Corporation is a Canadian

electric utility An electric utility is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major pr ...

and

natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...

retailer headquartered in

Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...

, Ontario, with offices throughout

North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...

. It focuses on long-term sales of residential, commercial, and industrial natural gas in the provinces of Ontario and British Columbia. It is a wholly owned subsidiary of Universal Energy Group.

History

In January 2009, the

Ontario Energy Board The Ontario Energy Board regulates natural gas and electricity utilities in the province of Ontario, Canada. This includes setting rates, and licensing all participants in the electricity sector including the Independent Electricity System Operato ...

announced that it intended to fine Universal Energy Corporation $200,000CA for making "false, misleading or deceptive statements to consumers." The announcement was the first such announcement since June 2003.

Canadian Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...

Billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...

Mark Silver is the company's founder and

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...

MPP MPP or M.P.P. may refer to: * Marginal physical product * Master of Public Policy, an academic degree * Member of Provincial Parliament (Ontario), Canada * Member of Provincial Parliament (Western Cape), South Africa * ''Merriweather Post Pavilion ...

Frank Klees Frank Klees (born March 6, 1951) is a former politician in Ontario, Canada. He was a Progressive Conservative member of the Legislative Assembly of Ontario from 1995 to 2014. He was a cabinet minister in the governments of Mike Harris and Erni ...

sits on its board. Klees also received the single biggest contribution to his campaign to run as leader of the

Progressive Conservative Party of Ontario The Progressive Conservative Party of Ontario (french: Parti progressiste-conservateur de l'Ontario), often shortened to the Ontario PC Party or simply the PCs, colloquially known as the Tories, is a centre-right political party in Ontario, Canada ...

from OPTUS Capital Corporation owned by Silver.

Footnotes

External links

Canadian customer website
Natural gas companies of Canada Electric power companies of Canada {{canada-company-stub

History

See also

Footnotes

External links