Today we are tackling a question we have often been asked over the last few months:
If I am a Yukon Energy customer, why do I have to pay any rate increases approved for Yukon Electrical Company Ltd?
It's a good question! In Yukon, we have what is known as an equalized rate system. That means that no matter where people live (whether they live in a community served by hydro or by diesel) and no matter who provides them with power (Yukon Electrical Company Ltd. or Yukon Energy) residential customers will pay the same rate for their first 1,000 kilowatt hours a month of electricity. Business customers will pay the same rate for their first 2,000 kilowatt hours per month of electricity.
If Yukon Electrical Company Ltd. is granted the rate increase it has recently asked for, all Yukoners will see that increase on their bills. If Yukon Energy is granted the rate decrease we have applied for, all Yukoners will see that decrease reflected on their bills.
So what's the bottom line for you? Watch for a future posting when we will try to answer that question.
Any questions or comments can be submitted to communications@yec.yk.ca.
Information on customer privacy and personal information can be found here: Customer Personal Information and Privacy | Yukon Energy.