News & Events

Check this section for Yukon Energy's latest news and coming events.

If you have questions about any of the information posted here, please contact:

Janet Patterson
Manager, Communications
Yukon Energy Corporation
Phone: (867) 393-5333
Email: janet.patterson@yec.yk.ca

Jun 22, 2017  Comment

Yukon Energy Seeks First Rate Increase in Four Years

Yukon Energy has filed an application with the Yukon Utilities Board for its first rate increase since 2013. The Corporation is asking for a nine percent increase over two years (2017 and 2018). Yukon Energy hasn’t had a rate change since 2013, meaning this increase would equate to 1.75 percent a year between 2014 and 2018. The increase would impact both Yukon Energy and ATCO Electric Yukon customers. “Over the last four years Yukon Energy has worked hard to avoid the need for any rate changes,” Yukon Energy President Andrew Hall said. “However we are facing increased costs to modernize our aging infrastructure and to ensure reliable energy during winter peaks. We are also seeing inflation in some of our operating expenses.” “Delaying an increase would just compound the problem and mean even higher rate hikes down the road,” Hall said. Yukon Energy has completed a number of projects since its last General Rate Application (GRA) that address aging assets and it is appropriate to now put those into rates. The projects include the Whitehorse LNG project and major repairs to the elevator shaft at the Aishihik hydro facility. A GRA would also allow Yukon Energy to pass on the benefit of lower LNG pricing (compared to diesel) to ratepayers. The increase that Yukon Energy is asking for on an annual basis is consistent with inflation on a number of other consumer costs such as housing, telephone and internet, and water and sewer. Hall noted that even with an increase, Yukon rates remain the lowest in the North and are competitive with many other jurisdictions in Canada. “We recognize that even a small increase can be a hardship for some people,” Hall said. “There are steps most Yukoners can take to keep their bills affordable. Our inCharge program provides rebates and energy saving tips, as does the Yukon government’s Good Energy Program. We will work with customers to provide them with the tools and information they need to take more control over their electricity bills.” Here is the full version of the General Rate Application, and here is a summary of the filing. Contact: Janet Patterson                                                                        Manager, Communications Yukon Energy Corporation (867) 393-5333                                                                       janet.patterson@yec.yk.ca

News, Media Releases
Feb 08, 2017  1

Yukon Energy Achieves Sustainable Electricity Company™ Designation: A First for Northern Canada

The Canadian Electricity Association (CEA) announced today that Yukon Energy Corporation has achieved the Sustainable Electricity Company™ designation for its commitment to sustainable business practices. Yukon Energy is only the fifth company to earn this designation and the first in northern Canada. “This designation is a testament to Yukon Energy’s commitment to socially responsible and environmentally sustainable business practices,” said the Honourable Sergio Marchi, President and CEO of CEA. “A commitment that will ensure lasting benefits for their company, their customers, and to the communities in which they operate. I applaud Yukon Energy’s management team and staff on this outstanding achievement.” The Sustainable Electricity Company™ designation was established by CEA for utilities across Canada. It recognizes sustainability efforts and acknowledges success against the three foundational pillars of sustainability – environmental, social and economic performance. This designation requires utilities to confirm to ISO 14001 standard on Environmental Management Systems and ISO 26000 Guidance on Social Responsibility. In addition, companies must pass an independent external verification. “It’s an honour to receive this designation from the Canadian Electricity Association,” Yukon Energy President and CEO Andrew Hall said. “It recognizes the excellent job our employees do in delivering electricity in a sustainable and socially responsible manner.” Distinct from the Sustainable Electricity Company™ designation, CEA and its Corporate Utility Members also demonstrate their commitment to sustainability through mandatory participation in CEA’s Sustainable Electricity program. The program takes a holistic approach to addressing sustainability issues, including environmental, societal, and economic challenges and opportunities. Please visit the CEA website for more information on achieving Sustainable Electricity Company™ designation or on CEA’s mandatory Sustainable Electricity program. About the Canadian Electricity Association Canadian Electricity Association (CEA) members generate, transmit and distribute electrical energy to industrial, commercial, residential and institutional customers across Canada every day. From vertically integrated electric utilities, independent power producers, transmission and distribution companies, to power marketers, to the manufacturers and suppliers of materials, technology and services that keep the industry running smoothly -- all are represented by this national industry association. Twitter  LinkedIn  Facebook  Blog About the Sustainable Electricity Company™ Designation The Canadian Electricity Association recognizes that sustainable development is a must in the 21st century. The Sustainable Electricity Company™ brand is a designation based primarily on the ISO 26000 standard – Guidance on Social Responsibility. The CEA does not certify companies for ISO 26000, but companies that wish to use the Sustainable Electricity Company™ brand must commit to core subjects, issues and related actions and expectations contained in the standard that are deemed applicable and significant to the company and its stakeholders. Website About Sustainable Electricity Sustainable Electricity is an industry-wide sustainability initiative developed and implemented by the electric utility members of the Canadian Electricity Association (CEA). By focusing on a three-pronged vision of sustainability – environment, society and the economy – the electricity industry takes a holistic approach to managing its impacts and securing its collective future. Website About Yukon Energy Corporation Established in 1987, Yukon Energy is a publicly owned electrical utility that operates as a business, at arms length from the Yukon government. We are the main generator and transmitter of electrical energy in Yukon and we work with our parent company Yukon Development Corporation to provide Yukoners with a sufficient supply of safe, reliable electricity and related energy services. Website LinkedIn  Facebook  Twitter For additional information: Samara Wiseman Manager, Public Affairs Canadian Electricity Association Tel.: 613 688 2954 Cell: 613 355 4022 wiseman@electricity.ca Janet Patterson Manager, Communications Yukon Energy Tel.: 867 393 5333 Cell: 867 335 1519 janet.patterson@yec.yk.ca