Hydro-Québec Announces Robust 2025 Financial Performance
Hydro-Québec has revealed a strong financial outcome for the year 2025, showcasing significant growth and improved operational efficiency. The utility reported net revenue of $2.9 billion, marking a notable nine-per-cent increase from previous periods. This announcement was made by CEO Claudine Bouchard during a press conference held on Thursday, highlighting the company's pivotal role in the provincial economy.
Economic Impact and Investments
According to Hydro-Québec, the utility contributed an impressive $26.1 billion to Quebec's gross domestic product in 2025. This underscores its key position in driving economic activity within the province. Additionally, the company invested a total of $7.8 billion in Quebec, further supporting local infrastructure and development projects.
Enhanced Reliability and Customer Benefits
On a practical level, Hydro-Québec noted a six-per-cent reduction in power outages during 2025. This improvement is attributed to strategic efforts focused on critical areas of the power grid, where interventions would most enhance system reliability. The integration of innovative technologies has also played a crucial role in accelerating repair work and minimizing disruptions.
In total, the utility carried out 9,000 interventions across 1,800 zones last year, benefiting over one million customers. These measures have led to a more dependable electricity supply, directly impacting the daily lives of Quebec residents.
Challenges and Strategic Responses
Facing challenges such as low precipitation affecting its 28 major reservoirs, Hydro-Québec implemented an effective sales strategy in external markets. Combined with rigorous management of energy reserves, this approach allowed the company to maintain its unique storage capacity and ensure a reliable electricity supply while achieving strong financial results.
CEO Claudine Bouchard emphasized that in 2025, the company demonstrated discipline and agility in coping with these environmental factors, all while delivering financial benefits to all Quebecers.
Record Sales and Government Contributions
Hydro-Québec reported record electricity sales in Quebec for 2025, reaching 184.9 terawatt-hours. This performance was partly driven by colder temperatures across all markets, particularly in the first quarter, which boosted demand.
Furthermore, the utility's contribution to the Quebec government's revenue amounted to $4.4 billion, including a $2.2-billion dividend to be paid to the government. This financial support aids in funding public services and initiatives across the province.
The full annual report is available on Hydro-Québec's website for those seeking detailed insights into the company's operations and achievements.
