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contents 04 the case for change 08 our mission & promises to you 10 enterprise plan 11 listening to you 12 initiatives contents 03
As Manitoba Hydro moves forward on Strategy 2040, it will continue to transition from construction of the Major Capital Projects, to operation and maintenance of assets totaling $31.1 billion in value for FY 22/23. Due to the capital-intensive nature of its business, Manitoba Hydro’s cost structure is largely fixed.
STEP 2: COST ALLOCATION. Determines how big the slices of the pie should be for each customer class but does not change the size of the pie. A cost-of-service study apportions requirement among the various serves. Methodology uses the principle of Cost Causation as the appropriate basis for allocating costs.
- 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
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 ...
2% increases in 2023/24 & 2024/25 (with 3.6% interim) have a significant effect on results over the forecast. Without the 2% increases in 2023/24 & 2024/25 both net income and the debt ratio are impacted In certain years forecasted net income is near break-even or is a o loss, and that’s assuming average conditions.
People also ask
How much will Manitoba Hydro cost in FY 2040?
Will Manitoba Hydro increase electrical rates in FY 22/23?
Is Manitoba Hydro requesting a 2% rate increase?
How much does Manitoba Hydro spend on capital maintenance?
Does Manitoba Hydro need a new capital forecast?
Will Manitoba Hydro continue to work with pub in FY 22/23?
Jul 5, 2024 · As of 2023, hydro says it's spending more than half a billion dollars on annual capital maintenance. A November 2022 capital asset forecast from Manitoba Hydro, connected to a rate application ...
