The forecast for total support on end-use electricity for consumers in Canada shows a consistent upward trend from 2024 to 2028, with values beginning at $151.01 million in 2024 and reaching $193.95 million by 2028. This represents a notable annual increase, with an average growth rate of approximately 6.5% per year, indicating steady growth in this sector.
Key future trends to watch for include:
- Potential policy changes in energy regulations that could impact support levels.
- Technological advancements in renewable energy integration, which may affect electricity consumption patterns and costs.
- The rising influence of consumer demand for sustainable and efficient energy solutions.