SaskPower seeks rate increase
SaskPower is pursuing a 3.9% rate increase for both 2026 and 2027, a move that has sparked significant political debate in Saskatchewan. The NDP’s Bill 612, aimed at preventing this increase, was blocked by the Saskatchewan Party majority during its motion for immediate second reading.
“We see a government that is terrified to do anything to address the cost of living,” said NDP member Aleana Young, highlighting the growing concerns over rising utility costs.
In addition to SaskPower’s proposed rate hikes, the Saskatchewan Auto Fund is set to implement a 3.75% increase in June, with a public meeting scheduled for March 26 to discuss this application.
The Métis Nation–Saskatchewan has called for early engagement regarding SaskPower’s small modular reactor project, emphasizing the importance of Indigenous representation in decision-making processes. Marg Friesen, a representative, stated, “It’s important that Indigenous peoples are sitting at the table where decisions are being made.”
On the environmental front, SaskPower’s Boundary Dam Unit 3 has made notable strides in carbon capture, having captured 7,095,042 tonnes of CO2 in its first 11 years of operation. This includes 236,512 tonnes captured in the third quarter of 2025 alone.
However, the carbon capture project has not been without controversy, facing litigation between SaskPower and contractor SNC-Lavalin. The Saskatchewan Environmental Society criticized the government’s approach to climate change, with spokesperson Peter Prebble stating, “In terms of climate change, Saskatchewan’s taking a real irresponsible position.”
Minister Jeremy Harrison announced a provincial process for technology selection regarding future reactor options, including the CANDU Monark and Westinghouse AP1000, in late January.
Details remain unconfirmed regarding when Bill 612 will return for a second reading or vote, and no date has been announced for the Rate Review Panel meeting on the SaskPower application.