Hydro-Qubec is a public utility that manages the generation, transmission

and distribution of electricity in Quebec. In 2011, electricity accounted for

about 40% of all energy used in the province,[3] 99% of which was generated
from water.[4]

It was formed by the Government of Quebec in 1944 from the expropriation

of private firms. This was followed by massive investment in hydro-electric
projects like Churchill Falls and the James Bay Project. Today, with 63
hydroelectric power stations, the combined output capacity is 36,912
megawatts. Extra power is exported from the province and Hydro-Qubec
supplies 10 per cent of New England's power requirements.[5]

Hydro-Qubec is a state-owned enterprise based in Montreal. In 2015, it paid

CAD$2.36 billion in dividends to its sole shareholder, the Government of
Qubec. Its residential power rates are among the lowest in North America.[4]

More than 40 percent of Canadas water resources are in Qubec and Hydro-
Qubec is the fourth largest hydropower producer in the world. [5]

The company logo, a stylized "Q" fashioned out of a circle and a lightning
bolt, was designed by Montreal-based design agency Gagnon/Valkus in 1960.
[6]