IESO's Interim Year Business Outlook Outlines Actions to Support Provincial Growth
November 28, 2024
The IESO has received approval from the Minister of Energy and Electrification for the 2023-2027 Interim Year Business Outlook. The Outlook shows that the IESO continues to enable the energy transition and drive business transformation internally. This includes ongoing work to execute the government’s long-term Powering Ontario’s Growth plan to support economic development and electrification while ensuring the energy transition is done as cost-effectively as possible for ratepayers. This is in line with the 2023-2025 Business Plan that was approved by the Minister in November 2023.
The 2023-2027 Interim Year Business Outlook serves as the second update in the 2023-2025 Business Plan cycle, and it is focused on identifying any changes without altering the total revenue requirement and capital budget approved by the Minister. It also provides a high-level outlook beyond 2025 and offers an early estimate of what the 2026-2028 Business Plan submission may contain.