The Change in Energy Prices

Energy Supply

Feb 23, 2011  1

Today's question: How can I find out how much energy prices have gone up for those in Whitehorse compared to the rest of the communities over the past 5 years? I want to know for electricity and oil. Thanks!

First of all I should explain that for the first 1,000 kilowatt hours per month, all residential customers in Yukon pay the same rate for electricity no matter what community you live in. Above 1,000 kilowatt hours per month, those communities that are on diesel (Old Crow for instance) pay a higher rate, but the majority of Yukon households stay within that first block of 1,000 kilowatt hours each month.

Over the last five years, Yukon Energy has not sought any increases in rates for residential customers. In fact once the Minto mine became our customer, we were able to get approval for a rate decrease for our residential customers of 2.47 percent. However in 2009 the utility that distributes most of the power in the territory, the Yukon Electrical Company Ltd., was granted permission to increase residential rates by 10.5 percent. So in the last five years, the net change in residential rates is that they have gone up approximately 8 percent.

As far as oil is concerned, you might try contacting the Yukon Housing Corporation, as I believe they keep track of oil prices.

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by Zeke

The Yukon government’s Department of Energy, Mines and Resources posts current fuel prices on their site. They indicate that you can contact them for historical data. The web address is: http://www.energy.gov.yk.ca/fuel.html

02.24.2011