The Saskatchewan New Democratic Party warned this week that a leaked government document suggests SaskPower rates could rise [1].

This warning highlights a growing tension between provincial energy infrastructure goals and the cost of living for residents. If the projected increases materialize, the financial burden on households and businesses could shift the political landscape regarding energy policy.

The NDP said the leaked document indicates that utility rates could increase by as much as 90 percent by 2040 [1]. These projections are tied to the provincial government's broader plans to fund utility projects across the region.

Separate reports indicate more immediate changes to consumer bills. Two planned rate increases of 3.9 percent each are scheduled for 2026-27 [2]. During a public meeting regarding these hikes, one northern mayor said, "Give us a break" [2].

The long-term financial pressure is linked in part to the province's strategy for coal power. The plan to extend the life of coal plants is estimated to cost about $26 billion over 25 years [3]. This represents an annual cost of approximately $1 billion per year [3].

While the 2026-27 increases are relatively modest compared to the long-term projections, the NDP said the leaked data reveals a steeper trajectory for energy costs. The provincial government's plan to maintain coal power while funding other utility projects creates a complex fiscal requirement for SaskPower [1], [3].

“SaskPower rates could increase by as much as 90 percent by 2040”

The discrepancy between the planned 3.9 percent short-term hikes and the projected 90 percent long-term increase suggests a looming conflict over Saskatchewan's energy transition. By extending the life of coal plants at a cost of $1 billion annually, the government is attempting to balance grid stability with cost, but the leaked documents indicate that the ultimate financial burden may fall heavily on the ratepayer over the next two decades.