Current Rate Application
We've applied for the following rate increase:
- 3.5 per cent increase effective March 1, 2018
How This Will Impact Your Power Bill
Average increase/month as of March 1, 2018:
- Residential - $6
- Farm - $13
Remember that you can help control how much you pay on your bill each month. Learn more about saving power and managing your use.
Why Are We Asking for a Rate Increase?
The increase is needed to fund investments in the province’s electrical system to maintain reliable service for our customers and keep up with the growing demand for electricity.
SaskPower continues to set records for the total amount of power needed by customers at one time. This increased demand for service is expected to continue into the foreseeable future. While the demand for power grows, SaskPower also faces the pressing need to renew aging electrical infrastructure. Much of the province’s electrical system was built 30 to 50 years ago and has reached the end of its productive life.
In the past five years, SaskPower has spent over $6 billion on capital investments (including power purchase agreements). Going forward, the company is forecasting the need to keep making capital investments of about $1.4 billion a year.
5 Questions with Darren Foster on SaskPower's 2018 Rate Application
Learn more about where the money goes and what you can do to save.