Saskatoon Light & Power rates going up 3.9% on Feb. 1, with another hike set for 2027

Saskatoon Light & Power customers will soon see their bills go up by 3.9 per cent starting on Feb. 1, with a second 3.9 per cent hike set for the same date next year.

According to the City of Saskatoon, council approved the increases at its meeting on Wednesday in order to align with proposed rate adjustments from SaskPower.

Read more:

• SaskPower bills going up 3.9 per cent in February to support ‘record capital investments’
• SaskPower to formally evaluate large-scale nuclear technology for use in Saskatchewan
• Saskatchewan’s power grid ‘remaining strong’ amid cold snap, SaskPower helping other regions

“For an average residential customer using 625 kWh per month, the monthly bill is expected to increase by $5.61 in February 2026 and an additional $5.85 in February 2027,” the city said in a statement.

“The impact for commercial customers will vary based on their rate category and electricity consumption, resulting in an overall 3.9 per cent increase.”

Because Saskatoon Light & Power resells electricity, the city said its power rates and rate increases are matched to SaskPower in order to ensure equity between customers. The Crown corporation announced its proposed rate increases earlier this month in order to help fund “record capital investments” while continuing the provide reliable power service across the province.

“The previous general electricity rate increase occurred on April 1, 2023, when a system-wide average increase of 4 per cent came into effect,” the city noted.

“Since then, the Carbon Charge was updated annually until April 1, 2025, when the Government of Saskatchewan suspended it temporarily.”