Reports & publications

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Corporate publications

As a public, government-owned utility, we’re committed to transparency and accountability to all Manitobans. Our high-level corporate publications are issued monthly, quarterly, or annually and reflect how we do business in the province. Here you’ll find our annual and quarterly reports, our Environmental Social Governance report, and our annual Enterprise Plan, along with other publications.

Thumbnail of the 2023–2024 Enterprise Plan.

Strategically adapting to our changing future

Learn more about our vision for the future.

Documents

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Annual Report 2023–24

Thumbnail of the 2023–2024 Annual Report.

Planning for a strong energy future: 2023–2024 Annual Report

The 73nd Annual Report of the Manitoba Hydro-Electric Board, for the year ending March 31, 2024, is available to view, print, or save.

Corporate highlights


TOTAL DOMESTIC REVENUE
(electric and gas)

$2.35

billion

EXPORT REVENUE

$872

million

TOTAL DEBT

$24.75

billion

TOTAL ASSETS

$31.53

billion

NET INCOME (loss)
attributed to Manitoba Hydro

($157)

million

OUR SERVICE AREA

650,000 km2


NUMBER OF ELECTRIC CUSTOMERS

624,062


KILOMETRES OF TRANSMISSION LINES

~14,000


KILOMETRES OF DISTRIBUTION LINES

~76,000


TOTAL ELECTRICITY CAPABILITY

6,121 MW


NUMBER OF NATURAL GAS CUSTOMERS

298,639


KILOMETRES OF NATURAL GAS MAIN LINES

~11,000


NUMBER OF COMMUNITIES WITH NATURAL GAS SERVICE

135


TOTAL NUMBER OF FULL-TIME EQUIVALENT EMPLOYEES

5,362


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Environmental, social, and governance

Thumbnail of the 2023–2024 Environmental, Social, and Governance Report.

Energy for Life: People, Community and Environment

Our Environmental, Social, and Governance Report, for the year ending March 31, 2024, is available to view, print, or save.

As Manitoba's largest energy provider, we strive to operate our business ethically and responsibly to contribute to our province's economic and social growth and serve our customers as a trusted energy advisor.

Every year, preparation of our Environmental, Social, and Governance Report presents an opportunity to reflect on our ongoing commitment to provide Energy for Life —sustainably, ethically and with care.

Highlights 2023—2024

People

  • 99% of employees completed ethics training
  • 257 students joined our workforce for a summer placement
  • more than $109,000 provided in scholarships and bursaries to students across Manitoba
  • 76% of residential customers reported they are satisfied with Manitoba Hydro’s overall service
  • 93% of customers satisfied with field service
  • 76,885 line locates completed
  • 1,094 loans representing $4.48 million provided to customers through our Energy Finance Plan
  • 2,810 loans worth $14.02 million provided through the Home Energy Efficiency Loan to customers for qualifying upgrades

Community

  • 66% of residential customers are satisfied with Manitoba Hydro's Safety Education
  • 4,748 grade five and six students across 94 schools reached province-wide with electrical and natural gas safety messaging
  • more than $1,101,000 in combined employee and payroll donations
  • more than $23,000 donated to 32 employee-championed events and $6,400 to 16 volunteer grants
  • almost $500,000 contributed to sponsorships of events and activities across Manitoba

Environment

  • Leader in Sustainability Award in 2023, in recognition of the effort we made to help divert 2,475 kilograms of batteries from Canadian landfills
  • 74 metric tons of paper recycled through our Official Records Destruction, Confidential Shredding and T.R.I.M programs
  • 37.9 metric tonnes of electronic equipment donated for re-purposing or recycling (e-waste) through the Computers for Schools Manitoba program
  • more than 75,000 litres of waste oil was collected and recycled
  • more than 98 metric tons of industrial non-hazardous materials were recycled

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Financial

We issue reports on our operations and finances.

Annual reports

Our annual report covers the corporate fiscal reporting year of April 1 to March 31 and is issued to the utility’s shareholders, the people of Manitoba.

Quarterly reports

A quarterly report updates our financial picture at the end of three, six and nine months to supplement financial information found in the annual report.

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Certain documents on this page were published before changes to provincial and federal laws about accessibility and environmental claims. We are doing an ongoing, but not completed, review to determine whether these documents, and any claims made in them, comply with the new legislative requirements.