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Montréal, August 22, 2014

Hydro-Québec posts stable net result for the second quarter

For the second quarter of 2014, Hydro-Québec posted a net result of $467 million, comparable to the $464 million recorded in 2013. For the six months ended June 30, 2014, the company’s net result totaled $2,230 million, or $406 million more than the $1,824 million posted last year. This increase is due to the very cold temperatures in winter 2014, which led to growth in Hydro-Québec Production’s net electricity exports as well as in the Québec market’s contribution.

Saint-Jean-sur-Richelieu, August 12, 2014

Tourisme St-Jean-sur-Richelieu et Région welcomes electric vehicles

The Chair of the Board of Tourisme Saint-Jean-sur-Richelieu et Région, Mélanie Dufresne, and, on behalf of the partners of the Electric Circuit, the President and CEO of Hydro-Québec, Thierry Vandal, announced today, in the presence of the Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Pierre Arcand, a partnership agreement for the installation of 14 public charging stations for electric vehicles (EV) in the MRC du Haut-Richelieu.

Montréal, August 5, 2014

2015–2016 Rate Application

Each year, Hydro-Québec Distribution files a rate application with the Régie de l’énergie detailing the budget it will need to provide electricity service for the next year. If the electricity rates in effect do not allow the company to recover the cost of providing service, an application for a rate adjustment is filed. That is the case this year. In early August, Hydro-Québec filed an application with the Régie de l’énergie [Québec energy board] for a 3.9% rate increase to come into effect April 1, 2015.

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