Skip to content

Cornerstone Hydro Electric Concepts

New Finance and Regulatory Analyst brings industry knowledge and experience to the portfolio

January 29, 2020

Ashly Karamatic is a Chartered Professional Accountant and previously worked at Alectra Utilities Corp. 

January 29, 2020 Barrie, ON– Cornerstone Hydro Electric Concepts (CHEC) is pleased to announce the appointment of Ashly Karamatic, to the Finance and Regulatory Analyst position within the Association. As a Chartered Professional Accountant and with over 12 years at Alectra Utilities Corp. (formerly PowerStream), she brings significant industry experience and a solid financial background to the position. 

“We are very pleased to welcome Ashly to our organization,” said CHEC President John Sherin. “Her experience and education will allow her to quickly become an effective member of our Association and her energy and professionalism will be a great fit with our team.” 

Ashly started her career at PowerStream working as an Accounting Analyst and then as a Conservation and Demand Management (CDM) Financial Analyst. When the organization merged to become Alectra, she held the position of Financial Analyst with her most recent position that of Supervisor, Budgeting. 

“I’m looking forward to getting to know the individual members of the organization,” said Karamatic. ”I have industry experience as part of a larger organization and I’m excited to be able to bring that knowledge to a wider range of utilities in the province and to see how it can be adapted to fit their needs.”  

The Finance and Regulatory Analyst requires a broad range of knowledge to keep members updated on the changes that are occurring in the industry or processes that will affect how they do business. 

“It’s important for LDCs to know what’s coming in the industry, so that they can adapt accordingly. I’m looking forward to taking that broader view and being able to help the members retain their autonomy while thriving within their individual communities.” 

Ms. Karamatic will start the position on February 6.

CHEC is a collaborative association of 18 Local Distribution Companies in Ontario. As a supportive organization, it provides its members with insights, expertise and shared resources to sustain safe, resilient communities in a changing world. The current members of CHEC are Centre Wellington Hydro, EPCOR Ontario, ERTH Power, Fort Frances Power, Grimsby Power, InnPower, Lakefront Utilities, Lakeland Power, Niagara-on-the-Lake Hydro, Newmarket-Tay Hydro, Orangeville Hydro, Orillia Power, Ottawa River Power, Renfrew Hydro, Rideau St. Lawrence Distribution, Tillsonburg Hydro, Wasaga Distribution, and Wellington North Power.