Household Energy Affordability in a Net-Zero Future

A new report from the Transition Accelerator’s Electrifying Canada initiative looks into what total household energy wallets—the total spent on heating and personal transportation—could look like in 2050, the year that Canada has committed to reaching net-zero greenhouse gas emissions.

Building on analysis provided for the Canada Electricity Advisory Council’s Final Report, Household Energy Affordability in a Net-Zero Future develops three scenarios for future electricity rates to examine how those rates will impact energy wallets across the country. The results show this transition could be good news for most Canadians, with most households seeing lower costs in all scenarios. However, some could see increased costs if no action is taken—including just under half of households in the highest-cost scenario.

Fortunately, Canada has the tools to secure energy affordability for those most at risk, and to ensure this transition delivers broad-based benefits. Learn more about the benefits and challenges in Electrifying Canada’s report, Household Energy Affordability in a Net-Zero Future, and the accompanying technical report outlining the methodology, inputs, and assumptions behind the analysis.

About the Authors

Nick Martin

Director of Electrification

With nearly a decade of experience in climate and energy policy, Nick has supported governments, utilities, and industry stakeholders in their transition to a clean energy future across Canada and the United States. His work has included assessing the market potential for clean and emerging solutions such as electric mobility, renewable energy, and building electrification; assessing the barriers and opportunities for improving grid integration; and developing government policies and corporate strategies to support clean energy.

Prior to joining Transition Accelerator, Nick was a Senior Consultant at Dunsky Energy + Climate Advisors. He’s also held roles at the Calgary-based Canada West Foundation and the New York-based Pace Energy and Climate Center. He also served as Executive Director of the Northeast Clean Heat and Power Initiative. Nick holds a master’s degree in Climate Science and Policy from the Bard Center for Environmental Policy.

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Daniel Bowie

Senior Electrification Analyst

Daniel Bowie joined the Transition Accelerator to help design, model, and assess the technoeconomic viability of promising end-use electrification pathways and to identify opportunities to accelerate the deployment of electrification as a key decarbonization strategy. Prior to joining the Transition Accelerator, Daniel spent six years working as an energy consultant for ICF International, where he helped conduct energy efficiency and electrification potential studies, prepared utility demand-side management plans, assessed the technoeconomic viability of innovative energy technologies, and co-developed decarbonization pathway models for various climate plans.

Daniel holds a Master of Applied Science in Sustainable Energy Engineering from Carleton University, and a Bachelor of Science in Mechanical Engineering from the University of New Brunswick.

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Rami Fakhoury

Energy Systems Analyst

Rami Fakhoury is an Energy Systems Analyst with the Transition Accelerator. Previously, he was a manager at the World Energy Council – UK, where he led community engagement and worked on multiple insights studies covering low-carbon hydrogen developments. Before that, Rami worked as a Senior Energy Engineer with the Lebanese Ministry of Energy and Water where he managed several renewable energy (solar & wind) and energy efficiency projects.

Rami holds a dual degree in Electrical Engineering and Economics, and is currently pursuing a part-time MBA at the University of Toronto – Rotman School of Management. He speaks fluent English, French, and Arabic.

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Moe Kabbara

Vice President

Moe Kabbara is an experienced energy and climate professional with close to a decade of experience working at the intersection of technology, policy, and markets. Moe brings expertise in the areas of transportation electrification, renewable energy, energy storage, and energy efficiency. He is also a sought-after voice on zero-emission vehicle supply chain issues and has spearheaded the establishment of Accelerate, Canada’s zero-emission vehicle supply chain alliance, bringing together private and public sector players to leverage Canada’s opportunity in global ZEV manufacturing.

Prior to joining the Accelerator, Moe was a Managing Consultant at Dunsky Energy + Climate. He was also a Senior Investment Officer at the Department of Innovation, Science, and Economic Development Canada. Moe also was the co-founder and CEO of a thermal energy storage start-up in Atlantic Canada.

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Cite as: Martin, N., Bowie, D., Fakhoury, R., and Kabbara, M. (2024). Household Energy Affordability in a Net-Zero Future. Electrifying Canada.