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 2022–2023 Environmental, Social, and Governance Report.

2022–2023 Environmental, Social, and Governance (ESG) Report

The Environmental, Social, and Governance Report, for the year ending March 31, 2023, is available to view, print, or save.

Covering the fiscal year to March 31, 2023, our ESG report demonstrates how we, as an organization, conduct our relationships and our work with the utmost integrity, care, and respect for our customers and community.

The report shares our employees’ achievements and the activities underway to protect our environment and address climate change, further our province’s economic and social growth, and support the communities in which we live and work.

Annually sharing these highlights of how we deliver over and above our regulatory requirements helps us better track our progress toward a legacy of doing right by our customers, our province and our world.

You can also read more about how we do that every day in our featured articles.

Highlights 2022—2023

Ethical. Accountable. Transparent.

  • 99% of employees completed ethics training.

For Manitobans, by Manitobans

  • 83% of residential customers reported they are satisfied with Manitoba Hydro’s overall service.
  • 93% of customers satisfied with field service.
  • 79% of residential customers are satisfied with Manitoba Hydro’s Safety Education.
  • 1,102 loans representing $4.32 million provided in financing to our customers through our Energy Finance Plan.
  • 3,486 loans worth $17.59 million for qualifying upgrades provided to customers under our Home Energy Efficiency Loan.
  • 73,368 line locates performed from requests received from Click Before you Dig MB.
  • 7,383 students across 126 schools reached province-wide with safety messaging.
  • $101,000 provided in scholarships and bursaries to students across Manitoba.
  • Over $450,000 contributed in sponsorships of events and activities across Manitoba.
  • $13,250 donated to 20 employee-championed events and $4,000 to 13 volunteer grants.
  • Over $1,000,000 in combined employee and corporate payroll donations.

Care, responsibility and protection for the environment

  • Over 600 employees participated in the national Commuter Challenge, winning Manitoba Hydro a gold in the 3000+ employees category.
  • Our total greenhouse gas (GHG) emissions: 0.10 megatonnes (less than 0.12 if national electrical generation).
  • 8 megatonnes of GHG emissions avoided through net exports.
  • 65 metric tons of paper recycled through our Official Records Destruction, Confidential Shredding and T.R.I.M programs.
  • Over 84.33 metric tons of industrial non-hazardous materials were recycled.
  • Over 64,000 litres of waste oil was collected and 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 3, 6, and 9 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.