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Emera raises rate base growth forecast to 7.5%-8.5% through 2031

PUBT·11/06/2026 17:06:36
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Emera raises rate base growth forecast to 7.5%-8.5% through 2031
  • Emera forecasts CAD 21.5 billion in capital spending for 2027-2031, up CAD 1.1 billion from its previous plan.
  • Projected compound annual rate base growth rises to 7.5%-8.5% through 2031 from 7%-8% previously.
  • Florida accounts for about 82% of planned spending, or CAD 17.5 billion, supporting customer growth, reliability and grid modernization.
  • Adjusted earnings per share are targeted to grow 5%-7% annually through 2030, using CAD 2.94 in 2024 as the base.
  • Annual dividend growth is targeted at 1%-2%, following 20 consecutive years of increases.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Emera Inc. published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.