The Town of Essex has announced the sale of E.L.K. Energy shares to Enwin.
According to a joint release from Essex and Enwin, the “significant move [is] aimed at strengthening the energy infrastructure for residents and businesses across parts of Essex, Lakeshore, and Kingsville.”
The release went on to say the sale will allow ENWIN to bring advanced technology and innovative solutions to improve energy service in the region. This includes enhancing E.L.K. Energy Inc.’s infrastructure and addressing the challenges of aging systems that have caused occasional disruptions in power service.
Enwin says it will now move forward with plans to ensure the continued delivery of safe and reliable energy, while positioning the service for future growth and demands.
What E.L.K. customers need to know
- Customers will continue to receive bills under the E.L.K. Energy Inc. name for the foreseeable future.
- ENWIN and E.L.K. Energy Inc. will ensure a stabilized rate strategy for users in upcoming years.
- E.L.K.’s staffing and office locations will remain unchanged for the foreseeable future.
- Throughout the transition, the Town of Essex is committed to keeping residents informed as progress continues.
- This transaction will not lead to an increase in property taxes for Town of Essex Residents. The transaction assists the Town with accomplishing its Strategic Priorities by ensuring that the Town continues to explore alternative revenue strategies to allow for an affordable level of property taxes for our residents.
