Annual Report 2020
Hydro‑Québec posted net income of $2,303 million in 2020, in a context marked by the pandemic and mild temperatures. As a result, the company will pay a dividend of over $1.7 billion to the Québec government, its sole shareholder. Electricity rates remained at the same level as in 2019 and continue to rank among the lowest in North America.
- Contribution to the Québec government’s revenue: $3.6 billion
- Sales on the Québec market: 171.4 terawatthours (TWh)
- Strong volume of net electricity exports: 31.3 TWh
- Exports’ contribution to net income: $537 million
- Solidarity measures to assist customers: $90 million
- Refund to customers following the passage of Bill 34: $521 million
- Major investments throughout the province: $3.4 billion
The Annual Report is available exclusively in electronic format.
