On November 17, 2023, Toronto Hydro filed its 2025–2029 rate application and investment plan with the Ontario Energy Board (OEB). The OEB, consumer advocates and other interested groups will now review our plan and proposed rates for 2025–2029 as part of an open and transparent public process.
As the local electricity distributor for the city of Toronto, Toronto Hydro delivers electricity to nearly 1.7 million households and businesses across the city on a daily basis. But the way we do it is evolving.
To ensure we can continue powering Canada’s largest city safely and reliably for years to come, we’ve developed our next five-year investment plan, for 2025 to 2029. In addition to being responsive to legal and regulatory requirements, input from business experts and customer feedback, we've developed our plan to address the following challenges ahead of us:
- Serving the economic needs of a growing city
- Renewing and upgrading deteriorating infrastructure
- Adapting to changes in the way customers use electricity
- Building resilience in the face of extreme weather and cybersecurity attacks