SaskPower seeks rate increases amid legislative challenges
SaskPower is pursuing a 3.9% rate increase for both 2026 and 2027, a move that has drawn significant political opposition. The NDP introduced Bill 612 in an attempt to prevent this increase, but the Saskatchewan Party majority blocked the motion for an immediate second reading of the bill.
The proposed rate increase comes as the Saskatchewan Auto Fund is also set to implement a 3.75% increase in June, with a public meeting scheduled for March 26 to discuss this application.
In a statement, NDP member Aleana Young criticized the government’s inaction, saying, “We see a government that is terrified to do anything to address the cost of living.” This sentiment reflects broader concerns about rising energy costs affecting residents across Saskatchewan.
In addition to the rate increases, the Métis Nation–Saskatchewan has called for early engagement regarding SaskPower’s small modular reactor project, emphasizing the importance of Indigenous participation in energy decisions. Marg Friesen, a representative of the Métis Nation, stated, “It’s important that Indigenous peoples are sitting at the table where decisions are being made.”
SaskPower’s Boundary Dam Unit 3 has been a focal point in discussions about carbon capture technology, having captured over 7 million tonnes of CO2 in its first 11 years of operation. This unit’s performance is critical as Saskatchewan navigates its energy future amid climate change pressures.
However, the Boundary Dam project has not been without controversy. It has faced litigation between SaskPower and its contractor, SNC-Lavalin, regarding the carbon capture project. Minister Jeremy Harrison announced a provincial process for technology selection in late January, which is expected to influence future projects.
Critics, including members of the Saskatchewan Environmental Society, have expressed concerns about the government’s approach to climate change. Peter Prebble remarked, “In terms of climate change, Saskatchewan’s taking a real irresponsible position.”
As the situation develops, uncertainties remain regarding when Bill 612 will return for a second reading or a vote. Additionally, no date has been announced for the Rate Review Panel meeting concerning SaskPower’s application.
Details remain unconfirmed as stakeholders await further developments in this ongoing debate over energy rates and environmental responsibility in Saskatchewan.
