SaskPower is seeking a 3.9% rate increase effective February 1, 2026, and a further 3.9% rate increase effective February 1, 2027.

The Crown Corporation requires additional funding to support record capital investments and continue providing reliable power for the people, businesses and communities of Saskatchewan. 

Reliability and energy security are top priorities, and SaskPower will continue to make the necessary investments to ensure power is available for all customers whenever it is needed. In the coming years, SaskPower will continue to revitalize its fleet of coal-fired power plants, expand its transmission and distribution systems, and modernize the provincial grid.

“Utilities across Canada continue to face considerable rate pressures, and SaskPower is no exception,” said Rupen Pandya, SaskPower President and CEO. “We will continue to pursue a strategy of balancing the need for moderate rate increases with our required capital investments to maintain reliability for customers.”

The company plans to move forward with a rate application to the Saskatchewan Rate Review Panel. The February 1, 2026 increase will be implemented on an interim basis but will still be subject to the public rate review process.

The average residential customer will see increases of $5/month in 2026 and $5/month in 2027, while the average farm customer will see increases of $11/month in 2026 and $11/month in 2027.

SaskPower’s most recent rate increases were 4% each in 2022 and in 2023. Prior to that, SaskPower had not increased rates for four years.

SaskPower is committed to keeping rates as low as possible for customers and maintaining affordability while ensuring the financial health of the company. Programs and tips to help customers reduce power use and lower bills can be found at saskpower.com/power-savings-and-programs.

More information about power supply rates can be found at saskpower.com/rates.

At a glance...

• SaskPower is seeking rate increases of 3.9% as of February 1, 2026 and February 1, 2027
• Rate increases are necessary to maintain reliability for SaskPower customers
• Visit saskpower.com/rates for more information