SaskPower says carbon tax will hike bills about 2.9 per cent in January

SaskPower says bills will jump by an average of 2.9 per cent in January thanks to an increase to the federal carbon tax.

The Crown corporation said the federal carbon tax rate rider that’s charged to its customers must be revised each year in order to reflect the scheduled increases to the carbon levy and revisions to emissions thresholds which are applied to coal-based power generation.

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“The amount charged per customer will vary depending on their consumption and rate class,” SaskPower said in a statement.

According to SaskPower, the increase will cost the average residential customer an average of $26 in 2025, for a total of about $107 per year.

The increase will hit farm customers harder, the company noted. Those customers will pay an extra $75 per year, on average, to cover the increase, for an average total of $314 per year.

The carbon tax is set to increase by $15/tonne each year until 2030.

More information on how the federal tax is applied to power bills can be found on SaskPower’s website.