SaskPower is going through with the previously approved five per cent rate increase to users after all.
Last year, the rate increase was given the green light by the rate review panel, however at the time, the Crown corporation elected to only go with a three per cent increase.
Now, they are claiming the final two per cent, which, for the average household, will see their bill go up $1.70 each month, which works out to just over 20 dollars a year.
“Rate increases are needed to fund investments in our electricity system to renew and maintain infrastructure, keep up with growth and maintain reliable service for our customers,” SaskPower President and CEO Mike Marsh said.
Difficulties maintaining aging infrastructure combined with damage from summer storms and wildfires has led to the decision.
Changes to your power bill will begin with the increase on September 1.