However, the Canada Electricity Advisory Council acknowledges the limits of its findings, including the fact that the results do not address business and...
Most Canadian households will save an average of $1,500 per year on energy bills in a net-zero 2050 scenario. That's according to a recent report by a federally appointed panel on the future of the electricity sector.
For 70 per cent of Canadian households, net savings in 2050 are expected to total $1,500 per year on average. However, the report warns “two provinces experience more pain than gain.” The Canada Electricity Advisory Council says Ottawa must “ensure sufficient flexibility” in its decarbonization requirements for regions facing “disproportional cost burdens and reliability challenges.”
“While 70 per cent of all Canadian households are expected to see net savings, that number drops to 58 per cent for lower-income households,” the report stated.
Canada Electricity Advisory Council Electricity System Advisory Council Energy Consumption
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