With the federal carbon tax applied to SaskPower’s carbon emissions increasing from $80 to $95 per tonne of CO2 equivalent emissions, SaskPower must increase the carbon tax amount collected on customer bills by a system-wide average of 2.9 per cent
The tax increase will take effect on January 1, 2025.
Each year, the federal carbon tax rate rider charged to SaskPower’s customers must be revised
The amount charged per customer will vary depending on their consumption and rate class. An average residential customer can expect to see an increase to their annual carbon tax payments of $26 in 2025, bringing their total carbon tax payments on electricity to an average of $107 per year. Farm customers will see an average increase of $75 this year, for an average total of $314 per year.
The federal carbon tax was applied to SaskPower emissions starting January 1, 2019. More information about the federal carbon tax, as well as the carbon tax relief for electric heat, can be found at www.saskpower.com/federalcarbontax.