Efficiency Manitoba reports show electricity and natural gas savings are being achieved cost effectively

Today, following tabling of reports in the Manitoba legislature, Efficiency Manitoba published their 2022/23 Annual Report and Annual Report Supplement, providing a detailed look at their accomplishments during their third year of operations. Reporting also includes financial statements along with independently verified and evaluated 2022/23 energy savings information. 

As required by the Efficiency Manitoba Act, electricity and natural gas savings were tabulated by an independent assessor (Econoler). The verified results show that in the 2022/23 fiscal year, Efficiency Manitoba’s total electricity savings reached 83% of their legislated target of 1.5%, while natural gas savings reached 91% of the legislated target of 0.75%. These savings were obtained with approximately 63% of their overall budget, resulting in energy savings achieved more cost effectively than anticipated in the third year of their inaugural approved Efficiency Plan. 

“Efficiency Manitoba has accomplished a great deal in their 2022/23 fiscal year,” said Dr. Jeannette Montufar-McKay, Chair of Efficiency Manitoba’s Board of Directors. “Their continued investment in energy efficiency programs for all Manitobans has led to year-over-year increases in incentive dollars provided to Manitobans participating in Efficiency Manitoba’s programs. In addition, participation levels have increased significantly in the income-based, Indigenous and commercial sectors. This upwards trajectory puts Efficiency Manitoba in a favourable position to contribute meaningfully to the rapidly evolving energy landscape and mitigation of the climate crisis.”  

Efficiency Manitoba’s third operational year saw increased participation in the majority of their diverse programs and rebates. As of March 31, 2023, over 40 programs were in market and available for all Manitobans including residential, commercial, agricultural, industrial, Indigenous and income-based customer segments. The organization provided nearly $30 million in rebates and incentives in the 2022/23 fiscal year, representing a 16% increase from 2021/22. 

“I’m very proud of how far Efficiency Manitoba has come since becoming operational in April 2020,” said Colleen Kuruluk, Chief Executive Officer of Efficiency Manitoba. “It’s clear that Manitobans are seeing the value in the programs, rebates, and services we provide to help them reduce their consumption, energy bills, and greenhouse gas emissions. The strong partnerships we’ve forged with communities and like-minded organizations further reinforce the culture of energy efficiency we’ve been building as a province and bode well for our future achievements together.  

“At Efficiency Manitoba, we’re ready to build on our existing momentum and continue to help homes, businesses, and communities save for generations,” continued Kuruluk. “Energy efficiency is an integral component to improving bill affordability for all Manitobans, advancing Indigenous reconciliation, and contributing to economic growth and competitiveness. It carves a crucial path towards a more sustainable, energy-conscious, and thriving future for Manitoba, and we’re excited to do our part.” 

The 2022/23 Annual Report and Annual Report Supplement can be accessed at  

About Efficiency Manitoba

Efficiency Manitoba is Manitoba’s Crown corporation dedicated to energy efficiency. With legislated long-term energy savings targets to achieve, the organization has over 40 diverse programs and offers available to help Manitobans save energy, money, and the environment.  

Release date: November 24, 2023

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