- ENMAX
Infobox_Company
company_name = ENMAX Consolidated
president = Gary Holden company_
company_type =Private company
foundation =Calgary, Alberta ,Canada , 1905
location =Calgary, Alberta , Canada
industry =Utilities
revenue = profit 2.109 billion CAD (2007)
net_income = profit 141.8 million CAD (2007)
homepage = http://www.enmax.comENMAX Corporation (ENMAX) is an energy distribution, supply and service company. ENMAX is a wholly owned subsidiary of The City of Calgary, headquartered in
Calgary, Alberta ,Canada . ENMAX operates and competes in a deregulated industry. In 2007, the company achieved net earnings of $141.8 million and a return on shareholder's equity of 10.9%.In 1904, The
City of Calgary (The City) built its own electric light plant. The City of Calgary Electric System (later to become ENMAX Corporation) began operating onDecember 2 ,1905 . In 1996, City Council approved a proposal to make the City of Calgary Electric System a wholly owned subsidiary beginning on January 1, 1998. This subsidiary was to be called "ENMAX Corporation". An affiliated retailer, "ENMAX Energy", was incorporated on January 1, 1998. OnJanuary 1 ,2001 , ENMAX entered the restructured marketplace.2007 Earnings
ee also
*
List of Canadian electric utilities
*ENMAX Centrium External links
* [http://www.ucahelps.gov.ab.ca/4.html Energy Rates in Alberta]
* [http://www.enmax.com ENMAX Company Website]
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