Provincial

SaskPower Customers Face Possible Rate Increase in 2027

The Saskatchewan Rate Review Panel has indicated that SaskPower customers may experience a rate increase ranging from 5.4 per cent to 6.4 per cent next year. This potential hike is attributed to significant financial and operational pressures faced by SaskPower. Customers are being urged to prepare for the possible adjustment in rates.

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The Saskatchewan Rate Review Panel has issued a warning to SaskPower customers about a likely rate increase scheduled for 2027. The projected increase is estimated to fall between 5.4 per cent and 6.4 per cent. The rate adjustment is being considered as SaskPower navigates significant financial and operational pressures that are impacting their services and overall fiscal health. The Panel's announcement serves as a notice for customers to potentially adjust their budgets and expectations for the upcoming year, as rates could be impacted by various factors including operational costs and necessary infrastructure investments. As the situation develops, further details will be made available to customers regarding the exact rate adjustments and the rationale behind them.

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Possible SaskPower rate hike of more than 6 per cent looms in 2027
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