Ontario
Clean and Reliable Energy
Unlock your business' potential with Ontario’s dependable energy infrastructure. Tailored solutions prioritize affordability and sustainability, laying a strong foundation for your operations.
Sustainable Energy Solutions for Your Business
Discover how Ontario's robust energy infrastructure offers cost-effective and responsible solutions tailored to your business needs. With a focus on reliability and efficiency, our sustainable energy practices provide a strong operational foundation, empowering your business to thrive.
Ontario's Energy Advantages
~90%
of Ontario’s electricity came from clean sources in 2022
14-17%
electricity bill savings for medium and large consumers due to the Ontario's Comprehensive Electricity Plan
Lower CO2 emissions
than neighbouring Great Lake States
Empower Your Business with Clean Energy
Experience the benefits of Ontario's clean energy leadership, with non-emitting sources powering nearly 90% of electricity generation in 2022. Enjoy the advantages of sustainable energy solutions as you grow your business in a greener, more environmentally friendly landscape.
Affordable Sustainability Solutions
Discover Ontario's Comprehensive Electricity Plan, providing medium and larger industrial and commercial employers with average savings of 14-17% on electricity bills. Benefit from subsidized non-hydro renewable energy contract costs, ensuring lower rates and a stable, affordable electricity supply in Ontario.
Economical Energy Options
Explore Ontario's competitive electricity rates tailored for larger industrial consumers, priced at or below neighboring Great Lakes States. This cost-effectiveness makes the province an appealing destination for businesses seeking reliable and affordable energy solutions.
State/Province | Canadian $/MWh |
---|---|
Ontario – North | 6.4 |
Ontario – South | 8.4 |
New York | 9.5 |
Ohio | 9.9 |
Pennsylvania | 10.6 |
Michigan | 11.2 |
Indiana | 11.4 |
Illinois | 11.6 |
Wisconsin | 11.9 |
All-in rates (C$/MWh), 2023 Source: U.S. Energy Information Administration (EIA), IESO, Bank of Canada |
Minimize Your Carbon Footprint
Leverage Ontario's dedicated approach to energy production to reduce your company's carbon footprint. With fewer CO2 emissions compared to neighbouring Great Lakes States, your business can achieve its sustainability goals and demonstrate a commitment to environmentally conscious practices.
Ontario has been a great place for Mitsui High-tec (Canada), Inc. to settle and build. With the growing focus on the hybrid and EV industry in Canada, and our opportunity to strengthen the supply chain, Ontario is a fantastic location to be close to borders for export, with space and opportunity to continue growing.
Yasushi Harada
President of Mitsui High-tec (Canada), Inc.
Invest Ontario. Here to help.