Building a more robust and reliable electricity system
Yukon Energy Corporation has submitted its 2025–2027 General Rate Application (GRA) to the Yukon Utilities Board (YUB), seeking approval for more than $350 million in system-wide investments over the next three years.
If approved, residents who use an average of 1,000 kWh of electricity each month could see their monthly bill increase by about $25 to $30 each year in 2025, 2026, and 2027. The YUB will determine the exact timing and amount of bill increases.
The application outlines over 150 essential projects to maintain current renewable electricity generation, enhance reliability during peak winter demand, and provide emergency backup. These investments support Yukon Energy’s five-year strategic plan to make the electricity system more robust and reliable, modernize the grid and expand renewable integration.
The Mayo spillway reconstruction, slope stabilization near Mayo A, and replacement of aging infrastructure—totalling over $180 million—represent a large portion of the application and are significant by Yukon standards. Yukon Energy is actively pursuing funding partnerships to help mitigate rate impacts.
The Yukon’s challenges mirror a broader national trend of utilities investing heavily to renew aging infrastructure and support growth in energy demand. Even with the proposed increases spread over three years, the Yukon’s electricity rates will remain the lowest in Northern Canada.
The GRA is subject to public review, and final approval is not expected until early 2026. More details are available at yukonutilitiesboard.yk.ca.