Strengthening the economy

Powering Ontario's future

Ontario Power Generation (OPG) generates half the electricity for the economic engine of Canada - Ontario. Small businesses, corporations, and heavy industry all rely on our power to remain competitive and create jobs. And we deliver.

OPG is also an economic powerhouse in its own right, creating thousands of high-quality jobs while generating related benefits for our economy through our investments in innovation and the future of clean technology.

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An economic powerhouse

10,000+
number of OPG employees province-wide

$3 billion
spent annually on operations, maintenance, and administration

2,000
number of suppliers OPG uses

89%
percentage of spending on suppliers based in Ontario

14,000
jobs to be created each year by the Darlington Refurbishment project

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Powering Canada's biggest economy

OPG's electricity helps Ontario businesses stay competitive. In fact, OPG's power is about one third less expensive than the power produced by other electricity generators in the province.

Helping ensure low-cost power

The electricity OPG generates costs about a third less than the average price of power coming from other generators in the province - and this is no accident. Low-cost power is part of OPG's mandate. We have a role to play in keeping Ontario economically competitive by keeping energy costs down.

How does OPG determine its prices?

Unlike other generators, whose prices are set in their contracts, OPG is Ontario's only "regulated" generator, whose prices are determined through an open, public review by the Ontario Energy Board (OEB).

The OEB sets the rates that OPG can charge its customers for most of the electricity it generates. About 85% of our revenue comes from regulated rates. This holds OPG accountable for any rate hikes and ensures we help moderate electricity prices for the benefit of all customers.

For the typical residential customer, about half of their monthly electricity bill goes to pay for power generation. This means that the cost of OPG's clean power represents about 25% of a customer's bill. The rest of the bill goes to other generators, transmission companies, distribution companies, regulatory agencies, and government taxes.

Electricity generated by OPG's unregulated assets is subject to Energy Supply Agreements with the Independent Electricity System Operator.

Our power creates jobs for Indigenous communities

OPG has partnered with Indigenous communities across the province to build hydroelectric and solar projects. These groundbreaking development partnerships create jobs, enhance skills training, and provide lasting financial and economic benefits for Indigenous communities.

Our projects create jobs

Building and maintaining OPG's $68.9 billion of assets (as of Sept. 30, 2024) creates thousands of jobs across Ontario.

  • Refurbishment and continued operation of Darlington will create 14,000 jobs each year until 2055 and boost Ontario's GDP by almost $90 billion.
  • More than 200 companies across Ontario are helping power the province's economy by delivering high-quality parts and services and creating thousands of jobs in support of the Darlington Refurbishment.
  • The Peter Sutherland Sr. Hydro Generating Station is a partnership between OPG and Coral Rapids Power, a company wholly owned by the Taykwa Tagamou Nation.
  • The station provides 28 megawatts to the provincial grid, enough electricity to power about 25,000 homes.
  • More than 200 people worked on this clean power project, including about 50 Indigenous people.
  • The Lower Mattagami Hydroelectric Redevelopment is a $2.6 billion partnership between OPG and the Moose Cree First Nation.
  • The project employed 1,800 people, including about 250 local Indigenous people.
  • Over the course of the project, about $1 billion in contracts were awarded to Ontario businesses.
  • In eastern Ontario, OPG recently redeveloped the Calabogie Generating Station.
  • The new two-unit hydroelectric station provides approximately 11 megawatts of power for the province by more efficiently using the water currently available on the Madawaska River. That's enough electricity to power about 11,000 homes.
  • OPG invested more than $150 million to redevelop the Calabogie site, and about 175 person-years of work was associated with the construction, boosting employment and economic benefits in the region. Through a joint venture, SNC Lavalin was responsible for the new station's design while M. Sullivan & Son was leading construction.
  • In Northeast Ontario, OPG is improving dam safety on the Mattagami River at the Little Long Dam, which will protect the generating facility in the event of extreme weather events. 
  • The project is nearing completion at 99.7% complete, and will increase the discharge capacity at the Adam Creek spillway structure, located on the Little Long Reservoir from eight to 12 gates. 
  • The project is expected to be complete by the end of 2024.
  • In addition to protecting the community and environment, the project has provided a number of employment and contracting opportunities for nearby residents in Kapuskasing and Smooth Rock Falls, as well as Indigenous businesses and communities like Moose Cree First Nation, whose homeland territory hosts the work site.
  • Throughout the life of the project, more than $70 million in contracts have been awarded to Indigenous businesses. This includes concrete, site support, road maintenance and waste management contracts, among many others.
  • The project team continues to host monthly update meetings with local Indigenous communities, as well as monthly employment opportunities sessions. 

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