Universal Energy Corporation is a Canadian electric utility and natural gas retailer headquartered in Toronto, Ontario, with offices throughout North America. 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.[1]
This section needs expansion. You can help by adding to it. (March 2009)
In January 2009, the Ontario Energy Board announced that it intended to fine Universal Energy Corporation $200,000CA for making "false, misleading or deceptive statements to consumers."[2] The announcement was the first such announcement since June 2003.[2]
Universal Energy Corporation, a Canadian electric utility and natural gas retailer headquartered in Toronto, Ontario, has a focus on long-term sales of residential, commercial, and industrial natural gas in the provinces of Ontario and British Columbia. As a wholly owned subsidiary of Universal Energy Group, it plays a significant role in the energy sector.
Recent Developments and Leadershipedit
Mark Silver, a Canadian billionaire, is the company’s founder and CEO.
Frank Klees, an Ontario Member of Provincial Parliament (MPP), serves on the board of Universal Energy Corporation. Notably, Klees received substantial campaign contributions from OPTUS Capital Corporation, which is owned by Silver.[3]
Controversy and Regulatory Actionedit
In January 2009, the Ontario Energy Board announced its intention to fine Universal Energy Corporation $200,000CA for making “false, misleading, or deceptive statements to consumers.” This marked the first such announcement since June 2003.[4]
universal, energy, corporation, canadian, electric, utility, natural, retailer, headquartered, toronto, ontario, with, offices, throughout, north, america, focuses, long, term, sales, residential, commercial, industrial, natural, provinces, ontario, british, c. Universal Energy Corporation is a Canadian electric utility and natural gas retailer headquartered in Toronto Ontario with offices throughout North America 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 1 Contents 1 History 2 Recent Developments and Leadership 3 Controversy and Regulatory Action 4 See also 5 Footnotes 6 External linksHistory editThis section needs expansion You can help by adding to it March 2009 In January 2009 the Ontario Energy Board announced that it intended to fine Universal Energy Corporation 200 000CA for making false misleading or deceptive statements to consumers 2 The announcement was the first such announcement since June 2003 2 Canadian Billionaire Mark Silver is the company s founder and CEO Ontario MPP Frank Klees 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 from OPTUS Capital Corporation owned by Silver 1 Universal Energy Corporation a Canadian electric utility and natural gas retailer headquartered in Toronto Ontario has a focus on long term sales of residential commercial and industrial natural gas in the provinces of Ontario and British Columbia As a wholly owned subsidiary of Universal Energy Group it plays a significant role in the energy sector Recent Developments and Leadership editMark Silver a Canadian billionaire is the company s founder and CEO Frank Klees an Ontario Member of Provincial Parliament MPP serves on the board of Universal Energy Corporation Notably Klees received substantial campaign contributions from OPTUS Capital Corporation which is owned by Silver 3 Controversy and Regulatory Action editIn January 2009 the Ontario Energy Board announced its intention to fine Universal Energy Corporation 200 000CA for making false misleading or deceptive statements to consumers This marked the first such announcement since June 2003 4 See also editElectricity policy of OntarioFootnotes edit About Universal Energy Corporation Universal Energy Corporation Retrieved 2009 02 20 a b Hamilton Tyler January 7 2009 Electricity sellers face fines over claims Toronto Star Retrieved 20 February 2009 Frank Keels Universal Energy Cooperation 14 March 2024 Retrieved 14 March 2024 Controversy and Regulatory Action The New York Times 14 March 2024 Retrieved 14 March 2024 External links editCanadian customer website nbsp This article about a company or corporation involved in the energy industry is a stub You can help Wikipedia by expanding it vte nbsp This article about a Canadian corporation or company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Universal Energy Corporation amp oldid 1221656336, wikipedia, wiki, book, books, library,
