On March 2, 2026, the Town of Newmarket and the Township of Tay officially approved the sale of Newmarket-Tay Power Distribution Ltd. to Alectra Inc., the company that currently provides electricity to Aurora, Ontario. This decision marks a significant consolidation of power services in the region, bringing another 50,000 customers under the management of the same utility provider.
The Town of Newmarket and the Township of Tay will receive annual payments of $4.35 million for the first seven years, with a total guaranteed payout of at least $110 million. While Aurora is already served by Alectra, this move brings its neighbors to the north into the same service network.
Alectra has committed to keeping the Newmarket operations centre open for at least 10 years and has guaranteed that all current utility employees will keep their jobs. This expansion follows a busy period in February 2026 when crews worked 24 hours a day across York Region to clean power lines and prevent outages caused by road salt contamination.
For the customers joining the Alectra network, electricity delivery rates will be frozen at 2026 levels through 2028, with only minor adjustments allowed for inflation. The sale now moves to the Ontario Energy Board for a regulatory review that is expected to last several months, with the final deal anticipated to close in late 2026.
