Summary

The Ministry of Energy is responsible for setting the legislative and policy framework to provide Ontarians with an affordable and reliable supply of energy and more choices in their energy use. The Ministry develops and advises on all aspects of energy policy for Ontario, including electricity, natural gas and other fuels. It oversees the Ontario Energy Board and the Independent Electricity System Operator. The Ministry also represents the shareholder in dealings with Ontario Power Generation and represents the Province as a shareholder of Hydro One, managing its investment in and the governance relationship with this publicly traded company. The Ministry is also responsible for updating and developing policy related to long-term planning. The Ministry is also responsible for fulfilling the Crown’s Duty to Consult on energy projects and policies. The Ministry of Energy works with many partners inside and outside government to promote energy efficiency and innovation, develop clean and reliable electricity generation, transmission, distribution and other energy-related facilities that provide affordable energy to serve a growing population, attract new investment and continue to power the province’s strong economic growth.

Ministry program summary

Vote Program

Estimates
2024-25 $

Estimates
2023-24 $

Difference
between
2024-25
and
2023-24 $

Actual
2022-23 $

Operating expense
2901 Ministry Administration Program 13,305,700 12,955,700 350,000 12,879,066
2902 Energy Development and Management 24,320,500 27,184,600 (2,864,100) 19,627,539
2905 Electricity Price Mitigation 7,336,133,200 6,516,836,600 819,296,600 5,844,170,772
  Total operating expense to be voted 7,373,759,400 6,556,976,900 816,782,500 5,876,677,377
  Statutory appropriations 82,187 82,187 - 1,679,992
  Ministry total operating expense 7,373,841,587 6,557,059,087 816,782,500 5,878,357,369
  Consolidation adjustment - Independent Electricity System Operator 254,909,100 227,133,500 27,775,600 217,021,293
  Consolidation adjustment - Fair Hydro Trust (63,683,200) (63,683,200) - (63,684,000)
  Operating expense adjustment - Emissions Performance Standards Program Reclassification 1,000 - 1,000 -
  Consolidation adjustment - Ontario Energy Board 63,270,900 50,547,300 12,723,600 46,336,000
  Consolidation adjustment - General Real Estate Portfolio - (360,600) 360,600 -
  Total including consolidation & other adjustments 7,628,339,387 6,770,696,087 857,643,300 6,078,030,662

Operating assets
2902 Energy Development and Management 118,001,000 144,600,000 (26,599,000) 239,000,000
  Total operating assets to be voted 118,001,000 144,600,000 ($26,599,000) 239,000,000
  Ministry total operating assets 118,001,000 144,600,000 ($26,599,000) 239,000,000

Capital expense
2902 Energy Development and Management 1,000 1,000 - -
  Total capital expense to be voted 1,000 1,000 - -
  Statutory appropriations 1,000 1,000 - -
  Ministry total capital expense 2,000 2,000 - -
  Consolidation adjustment - Independent Electricity System Operator 22,897,900 26,413,300 (3,515,400) 20,726,961
  Capital expense adjustment - Emissions Performance Standards Program Reclassification 1,000 - 1,000 -
  Consolidation adjustment - Ontario Energy Board 1,640,600 1,516,400 124,200 1,447,000
  Total including consolidation & other adjustments 24,541,500 27,931,700 ($3,390,200) 22,173,961

Capital assets
2902 Energy Development and Management 1,000 1,000 - -
  Total capital assets to be voted 1,000 1,000 - -
  Ministry total capital assets 1,000 1,000 - -
  Ministry total operating and capital including consolidation and other adjustments (not including assets) 7,652,880,887 6,798,627,787 854,253,100 6,100,204,623

Ministry Administration Program - vote 2901

This program works to achieve ministry and government objectives by providing executive direction, strategic advice and vital corporate services, including communications, strategic human resources, accessibility, French Language Services, information technology and business solutions, legal services, Freedom of Information and Protection of Privacy activities, information and records management, accommodations and facilities management, emergency management, continuity of operations planning, procurement, controllership and accounting, fiscal management, and strategic and resource planning activities.

Vote summary

Item number Item

Estimates
2024-25 $

Estimates
2023-24 $

Difference
between
2024-25
and
2023-24 $

Actual
2022-23 $

Operating expense
1 Ministry administration 13,305,700 12,955,700 350,000 12,879,066
  Total operating expense to be voted 13,305,700 12,955,700 350,000 12,879,066
S Minister's salary, the Executive Council Act 47,841 47,841 - 49,301
S Parliamentary assistants' salaries, the Executive Council Act 32,346 32,346 - 29,260
S Bad debt expense, the Financial Administration Act 1,000 1,000 - -
  Total statutory appropriations 81,187 81,187 - 78,561
  Total operating expense 13,386,887 13,036,887 350,000 12,957,627

Standard account by item and sub-items

Vote-
item
number		 Standard account by item and sub-items Amount $ Amount $

Operating expense
2901-1 Ministry administration    
 

Salaries and wages

   7,672,400
 

Employee benefits

   790,200
 

Transportation and communication

   312,700
 

Services

   5,011,900
 

Supplies and equipment

   343,600
  Subtotal   14,130,800
  Less: recoveries   825,100
  Total operating expense to be voted   13,305,700
  Sub-items:    
  Main office    
 

Salaries and wages

 1,589,900  
 

Employee benefits

 160,300  
 

Transportation and communication

 90,400  
 

Services

 242,800  
 

Supplies and equipment

 60,400 2,143,800
  Communications services    
 

Salaries and wages

 2,622,600  
 

Employee benefits

 307,900  
 

Transportation and communication

 88,300  
 

Services

 758,400  
 

Supplies and equipment

 81,800 3,859,000
  Legal services    
 

Transportation and communication

 35,000  
 

Services

 2,678,900  
 

Supplies and equipment

 75,000 2,788,900
  Analysis and planning    
 

Salaries and wages

 3,459,900  
 

Employee benefits

 322,000  
 

Transportation and communication

 69,000  
 

Services

 243,800  
 

Supplies and equipment

 66,400 4,161,100
  Financial and administrative services    
 

Transportation and communication

 30,000  
 

Services

 198,500  
 

Supplies and equipment

 60,000  
 

Subtotal

 288,500  
 

Less: recoveries

 198,500 90,000
  Human resources    
 

Services

 136,600  
 

Less: recoveries

 94,000 42,600
  Information systems    
 

Services

 752,900  
 

Less: recoveries

 532,600 220,300
  Total operating expense to be voted   13,305,700
  Statutory appropriations    
Statutory

Minister's salary, the Executive Council Act

   47,841
Statutory

Parliamentary assistants' salaries, the Executive Council Act

   32,346
  Statutory appropriations    
 

Other transactions

    
Statutory

Bad debt expense, the Financial Administration Act

   1,000
  Total operating expense for Ministry Administration Program   13,386,887

Energy Development and Management - vote 2902

This program is responsible for developing Ontario's energy policy framework, which is central to the building of a strong and prosperous economy. It provides leadership and support to the energy sector to ensure clean, reliable, affordable and sustainable energy supply, transmission and distribution systems. The program supports energy efficiency, grid modernization, and the development of cleaner forms of energy. This program also oversees engagement and consultation with First Nations and Métis on provincial energy sector activities and projects while facilitating the participation of Indigenous communities in the energy sector. The program is also responsible for overseeing a construction loan for the Watay Transmission Project.

Vote summary

Item number Item

Estimates
2024-25 $

Estimates
2023-24 $

Difference
between
2024-25
and
2023-24 $

Actual
2022-23 $

Operating expense
1 Policy and Programs 24,320,500 27,184,600 (2,864,100) 19,627,539
  Total operating expense to be voted 24,320,500 27,184,600 ($2,864,100) 19,627,539
S Bad debt expense, the Financial Administration Act 1,000 1,000 - 1,601,431
  Total statutory appropriations 1,000 1,000 - 1,601,431
  Total operating expense 24,321,500 27,185,600 ($2,864,100) 21,228,970

Operating assets
3 Energy Development and Management 118,001,000 144,600,000 (26,599,000) 239,000,000
  Total operating assets to be voted 118,001,000 144,600,000 ($26,599,000) 239,000,000
  Total operating assets 118,001,000 144,600,000 ($26,599,000) 239,000,000

Capital expense
4 Energy Development and Management – Expense related to Capital Assets 1,000 1,000 - -
  Total capital expense to be voted 1,000 1,000 - -
S Amortization expense, the Financial Administration Act 1,000 1,000 - -
  Total statutory appropriations 1,000 1,000 - -
  Total capital expense 2,000 2,000 - -

Capital assets
5 Energy Development and Management 1,000 1,000 - -
  Total capital assets to be voted 1,000 1,000 - -
  Total capital assets 1,000 1,000 - -

Standard account by item and sub-items

Vote-
item
number		 Standard account by item and sub-items Amount $ Amount $

Operating expense
2902-1 Policy and Programs    
 

Salaries and wages

   14,871,300
 

Employee benefits

   1,683,000
 

Transportation and communication

   385,000
 

Services

   4,621,200
 

Supplies and equipment

   312,600
 

Transfer payments

    
 

Future Clean Electricity Fund

 1,000  
 

Energy Support, Engagement and Indigenous Partnership Programs

 2,447,400 2,448,400
  Subtotal   24,321,500
  Less: recoveries   1,000
  Total operating expense to be voted   24,320,500
  Statutory appropriations    
 

Other transactions

    
Statutory

Bad debt expense, the Financial Administration Act

   1,000
  Total operating expense for Energy Development and Management   24,321,500

Operating assets
2902-3 Energy Development and Management    
 

Loans and investments

    
 

Future Clean Electricity Fund

 1,000  
 

Wataynikaneyap Power

 118,000,000 118,001,000
  Total operating assets to be voted   118,001,000
  Total operating assets for Energy Development and Management   118,001,000

Capital expense
2902-4 Energy Development and Management – Expense related to Capital Assets    
 

Transfer payments

    
 

Future Clean Electricity Fund

   1,000
 

Other transactions

   1,000
  Subtotal   2,000
  Less: recoveries   1,000
  Total capital expense to be voted   1,000
  Statutory appropriations    
 

Other transactions

    
Statutory

Amortization expense, the Financial Administration Act

   1,000
  Total capital expense for Energy Development and Management   2,000

Capital assets
2902-5 Energy Development and Management    
 

Investments in tangible capital asset

    
 

Future Clean Electricity Fund

   1,000
 

Land and marine fleet - asset costs

   1,000
  Subtotal   2,000
  Less: recoveries   1,000
  Total capital assets to be voted   1,000
  Total capital assets for Energy Development and Management   1,000

Electricity Price Mitigation - vote 2905

This program helps Ontarians manage electricity costs.

Vote summary

Item number Item

Estimates
2024-25 $

Estimates
2023-24 $

Difference
between
2024-25
and
2023-24 $

Actual
2022-23 $

Operating expense
1 Electricity Price Mitigation Programs 7,336,133,200 6,516,836,600 819,296,600 5,844,170,772
  Total operating expense to be voted 7,336,133,200 6,516,836,600 819,296,600 5,844,170,772
  Total operating expense 7,336,133,200 6,516,836,600 819,296,600 5,844,170,772

Standard account by item and sub-items

Vote-
item
number		 Standard account by item and sub-items Amount $ Amount $

Operating expense
2905-1 Electricity Price Mitigation Programs    
 

Transfer payments

    
 

Northern Ontario Energy Credit

 29,218,100  
 

Rural or Remote Rate Protection Program

 252,181,700  
 

Ontario Electricity Support Program

 265,923,300  
 

Distribution Rate Protection

 437,394,200  
 

On-Reserve First Nations Delivery Credit

 31,446,200  
 

Comprehensive Electricity Plan

 3,153,750,000  
 

Fair Hydro Trust Financing Costs

 64,000,000  
 

Ontario Electricity Rebate

 3,102,219,700 7,336,133,200
  Total operating expense to be voted   7,336,133,200
  Total operating expense for Electricity Price Mitigation   7,336,133,200