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flag SaskPower seeks two 3.9% rate hikes to fund infrastructure, citing urgent needs and a carbon tax gap.

flag 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. flag The increases would add about $5 monthly for homes and $11 for farms. flag The application assumes the provincial industrial carbon tax won’t apply in 2026–27, creating a $368 million financial gap despite expected savings. flag The province plans to contribute $175 million to cover the shortfall, but no final decision has been made on the carbon tax’s future. flag The rate hikes are being implemented on an interim basis due to urgent funding needs, bypassing the usual lengthy review process. flag The government calls the increases modest and necessary for grid reliability and affordability, citing investments in nuclear, renewables, and energy efficiency. flag The NDP faces criticism for opposing coal plant closures and certain energy projects, which the government says threatens energy security and affordability.

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