Manitoba Public Utilities Board approves multi-year regulatory filing, locking in a 0% electricity rate increase for 600,000 residential and small commercial Manitoba Hydro accounts.

WINNIPEG, MB — The Manitoba Public Utilities Board (PUB) issued its final regulatory decision in the 2026–2028 General Rate Application, confirming a 0% rate adjustment for all residential, farm, and small business electricity customers served by Crown utility Manitoba Hydro.
The PUB ruling ratifies the provincial government’s legislative mandate to maintain affordable clean hydroelectric rates, shielding 600,000 Manitoba ratepayers from inflationary utility spikes experienced in neighboring provinces. The board also approved the expansion of the Energy Affordability Program, providing free high-efficiency insulation retrofits and cold-climate heat pump conversions for 10,000 low-income households.
Premier Wab Kinew and Crown Services ministers affirmed that Manitoba’s clean public hydroelectric power is a provincial birthright that must deliver affordability directly to working families.
Consumers' Association of Canada (Manitoba) leaders praised the rate freeze for protecting families facing broad cost-of-living pressures.
Canadian Federation of Independent Business (CFIB) commended the commercial rate stability for giving small business operators predictability.
The 0% hydro rate freeze order remains in full regulatory effect through March 31, 2028.
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