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SaskPower seeks two 3.9% rate hikes to fund infrastructure, citing urgent needs and a carbon tax gap.
SaskPower is seeking a 3.9% rate increase starting Dec. 1, 2026, with another 3.9% hike in February 2027, to fund critical infrastructure projects.
The increases would add about $5 monthly for homes and $11 for farms.
The application assumes the provincial industrial carbon tax won’t apply in 2026–27, creating a $368 million financial gap despite expected savings.
The province plans to contribute $175 million to cover the shortfall, but no final decision has been made on the carbon tax’s future.
The rate hikes are being implemented on an interim basis due to urgent funding needs, bypassing the usual lengthy review process.
The government calls the increases modest and necessary for grid reliability and affordability, citing investments in nuclear, renewables, and energy efficiency.
The NDP faces criticism for opposing coal plant closures and certain energy projects, which the government says threatens energy security and affordability.
SaskPower busca dos aumentos de tasas del 3,9% para financiar la infraestructura, citando necesidades urgentes y una brecha en el impuesto sobre el carbono.