The forecast for the direct transfer on end-use electricity in the residential sector in Canada shows a consistent value of 0.004 of GDP from 2024 to 2027, with a modest increase to 0.005 in 2028. Since we are in 2024, and considering this data is forecasted, the year-on-year variation from 2027 to 2028 is notable, indicating a 25% increase in value relative to GDP. Observing the trend over the period reveals stability initially, followed by a slight upward adjustment in 2028, suggesting an anticipated growth in residential electricity utilization compared to GDP.

Future trends to watch for:

Impacts of technological advancements on residential electricity efficiency.
Potential policy changes regarding energy consumption and sustainability.
Growth in renewable energy sources and their effect on overall electricity consumption.