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What Manitoba Hydro is Requesting. Approvals requested are highlighted in Tab 1 (Letter of Application) The requests to be reviewed as part of the Revenue Requirement panel are: Final approval of Orders 137/21 and 140/21, which approved, on an interim basis, a 3.6% rate increase effective January 1, 2022 (Tab 1 – Item 1); Approval of rate ...
Nov 16, 2022 · “Manitoba Hydro is forecasting that an additional $1.9 billion in debt would be added between 2025-26 to 2039-40 under a scenario where the rate cap is set at inflation,” the application reads.
Bill 35 obliges Hydro to meet certain debt-to-capitalization targets: 87 per cent in 2025, 84 per cent in 2030, 78 per cent in 2035, and 70 per cent in 2040. There has been little public discussion on the reasoning behind this debt repayment schedule.
Jul 14, 2021 · The first target should be easily achievable: as per Hydro’s 2019/2020 annual report, the debt-to-capitalization ratio is 86 per cent, and Hydro has said it expects a profit this year.
- Corporate Publications
- Annual Report 2022–23
- Environmental, Social, and Governance
- Financial
As a public, government-owned utility, we’re committed to transparency and accountability to all Manitobans. Our high-level corporate publications are issued monthly, quarterly, or annually and reflect how we do business in the province. Here you’ll find our annual and quarterly reports, our Environmental Social Governance report, and our annual En...
Corporate highlights
1 Includes all energized distribution lines rated < 100 kV. 2 Includes all energized transmission lines (AC or DC) rated ≥ 100 kV. 3See page 121 for definition of full-time employees. Back to top
Covering the fiscal year to March 31, 2023, our ESG report demonstrates how we, as an organization, conduct our relationships and our work with the utmost integrity, care, and respect for our customers and community. The report shares our employees’ achievements and the activities underway to protect our environment and address climate change, furt...
We issue reports on our operations and finances. 1. Manitoba HydroBonds & interest rates 2. Information memorandum
Nov 16, 2021 · Manitoba Hydro's debt now accounts for about 40 per cent of the province's total. The utility applied for annual rate hikes of 7.9 per cent as recently as 2017, but the regulatory board approved ...
Dec 13, 2023 · Mr. Kinew last week replaced all but one of Manitoba Hydro’s nine board members and handed the new board an ambitious mandate to, among other things, prepare a one-year freeze to electricity ...
People also ask
How much debt will Manitoba Hydro add in 2025?
Will Manitoba Hydro hit inflation targets in 2025?
Why is Manitoba Hydro asking for a 5 per cent rate increase?
Will Manitoba Hydro freeze electricity rates in 2025?
Will Manitoba Hydro hike its electricity rate?
Will Manitoba Hydro cut debt and keep rates low?
