Every five years, we submit a plan to the Ontario Energy Board (OEB) based on customer feedback, technical needs and regulatory requirements. Our recently submitted plan covers 2028 to 2032. The OEB reviews it through a public process and sets the rates needed to fund the approved work.
Ontario needs more electricity as demand increases. At the same time, severe weather is affecting communities and some important equipment is reaching the end of its useful life.
Waiting could increase the risk of equipment failures, cause longer outages and increase costs in the future. Our proposed plan focuses on the most important work needed to manage these risks while delivering value for customers.
While we propose a plan based on the needs of the electricity system, the OEB has the final decision on which investments, rates and shareholder returns are approved.