The total support on end-use electricity for consumers in Canada is forecasted to steadily increase from 2024 to 2028, starting at 147.49 million USD in 2024 and projected to reach 188.32 million USD by 2028. This represents a consistent year-on-year growth, reflecting a positive trajectory in consumer electricity support over this period. Given that the data prior to 2024 was actual, baseline values from previous years would have highlighted this upward trend.
Future trends to watch include:
- The impact of policy changes on renewable energy incentives.
- Technological advancements in energy efficiency which may alter demand patterns.
- The continuation of robust infrastructure investments impacting overall electricity support needs.