Saskatoon Light & Power to match SaskPower: new electrical rates effective today, September 1
City Council at its August 29, 2022, meeting approved the Standing Policy Committee on Environment, Utilities and Corporate Services recommendation to match SaskPower’s approved electrical rate increases. The new rates will be effective starting today, September 1, 2022; as approved, a second rate will take effect on April 1, 2023. The Federal Carbon Charge is anticipated to increase on January 1, 2023.
The City of Saskatoon, and thereby Saskatoon Light & Power (SL&P) as a reseller of electricity matches its power rates to those established by SaskPower. This is to ensure equality between utility customers regardless of where they live in Saskatoon - within SL&P’s service provider area or SaskPower's.
The most recent general increase in electricity rates occurred on March 1, 2018, when a system-wide average increase of 3.5% came into effect. Since then, the Federal Carbon Charge has been implemented with annual adjustments. The Government of Saskatchewan also provided the Saskatchewan Economic Recovery Rebate in the amount of a 10% reduction in rates from December 1, 2020, to November 30, 2021.
SaskPower indicated in their current rate application that the main drivers of the requested rate increase were due to increases in the cost of fuel, purchased power expenses and modest increases in operating, maintenance, and administration expenses.
Starting September 1, 2022, an average residential customer using 625 kWh of electricity each month will incur an additional $7.00/month (3.4% electrical rate increase). Effective April 1, 2023, an additional $5.50/month (4.1% electrical rate increase). For commercial customers, there are several different rate categories depending on how much electricity they consume.
Please visit saskatoon.ca/utilityrates for full details on the electrical rates effective September 1, 2022.
For the City’s utility customers who have created an online My Utility Account, you'll be able to access SmartUtil our newest web tool to help you monitor your electrical consumption, view trends and also set handy budget notifications if you wish.
If you're uncertain of your electrical service provider, review your monthly utility bill or call Saskatoon Light & Power at 306-975-2414 during regular business hours.
City of Saskatoon electrical utility (SL&P) customers, check out the helpful new interactive power outage map.
Visit saskatoon.ca for more information about City services and programs.