Effective Jan. 1, 2025, the federal carbon tax applied to SaskPower’s carbon emissions will increase from $80 to $95 per tonne of CO2 equivalent emissions. To cover this increase mandated by the Government of Canada, SaskPower must increase the carbon tax amount collected on customer bills by a system-wide average of 2.9%.
The federal carbon tax rate rider charged to SaskPower’s customers must be revised annually to reflect the impact of scheduled increases to the federal carbon tax, as well as revisions to the emissions thresholds applied to coal-fired power generation.
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 Jan. 1, 2019.
