In 2023, the direct transfer on end-use electricity for residential in Canada was an actual value that sets the baseline for subsequent forecasts. From 2024 onwards, we observe a steady increase with values reaching 56.03 million USD by 2028. The year-on-year growth from 2024 to 2028 shows an average rise in value terms, highlighting a consistent uptrend over this period. The compound annual growth rate (CAGR) indicates robust growth across these five years.

Future trends to watch for include:

Potential impacts of policy changes affecting residential electricity usage.
Technological advancements in energy efficiency that may alter consumption patterns.
Demographic shifts leading to changes in residential energy demand.