Charles Farmer
Independent Electricity System Operator/Executive Vice President, Power System Development / Vice-président(e) directeur(rice) – Développement des systèmes électriques
2025 Salary
$428,010Total compensation $428,403, including $393 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#2Independent Electricity System Operator
Years on List
112015–2025
Peak Salary
$428,0102025
Full 2025 roster at Independent Electricity System Operator →·See where $428,010 ranks →
Total Compensation History
Full History
2015–2025
$202,904 in 2015 is worth about $263,167 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Executive Vice President, Power System Development / Vice-président(e) directeur(rice) – Développement des systèmes électriquesIndependent Electricity System Operator | $428,010 |
| 2024 | Vice President Planning Conservation and Resource Adequacy and Chief Energy Transition Officer / Vice-président de la planification, de la conservation et de l’adéquation des ressources et directeur du génie et des technologiesIndependent Electricity System Operator | $415,596 |
| 2023 | Vice President Planning Conservation and Resource Adequacy and Chief Energy Transition Officer / Vice-président de la planification, de la conservation et de l’adéquation des ressources et directeur du génie et des technologiesIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité | $360,573 |
| 2022 | Vice President Planning Conservation and Resource Adequacy / Vice-président, planification de la conservation et de l’adéquation des ressourcesIndependent Electricity System Operator | $298,971 |
| 2021 | Vice President Planning Conservation and Resource Adequacy / Vice-président, planification de la conservation et de l’adéquation des ressourcesIndependent Electricity System Operator | $263,680 |
| 2020 | Senior Director Power System Planning / Directeur principal – Planification des systèmes d’alimentationIndependent Electricity System Operator | $256,291 |
| 2019 | Senior Director Power System Planning / Directeur principal – Planification des systèmes d’alimentationIndependent Electricity System Operator | $215,873 |
| 2018 | Director, Stakeholder and Public Affairs / Directeur – Relations avec les intervenants et affaires publiquesIndependent Electricity System Operator | $211,597 |
| 2017 | Director, Stakeholder and Public Affairs / Directeur, Relations avec les intervenants et affaires publiquesIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité | $207,675 |
| 2016 | Director, Stakeholder and Public Affairs / Directeur – Relations avec les intervenants et affaires publiquesIndependent Electricity System Operator | $197,387 |
| 2015 | Director, Demand & Conservation Planning / Directeur – Demande et planification des mesures d'économie d'énergieIndependent Electricity System Operator | $202,904 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $428,010 Charles Farmer earned in 2025, roughly $238,854 would remain after income tax, CPP and EI, an all-in deduction rate of about 44.2%. That is about 3% more than the $415,596 paid in 2024. Records under this name have appeared on the Sunshine List 11 years in all, first in 2015. Most Crown Agencies employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$238,854
- Effective income-tax rate (excl. CPP/EI)
- ~42.9%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~44.2%
Where does $428,010 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.