2025-2027 General Rate Application

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.

Yukon Energy Proposed Bill Increase

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.

GRA Projects

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.

Key Projects Include:

• Completing the grid-scale battery energy storage system in Whitehorse;
• Renewing water use licences for the Whitehorse, Mayo, and Aishihik hydro facilities;
• Rebuilding the Mayo spillway and surrounding infrastructure;
• Replacing end-of-life diesel units in Faro and Whitehorse; and
• Adding back-up diesel units and upgrading the local power system in Dawson City.

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.

YUB Approval of Interim Rate Increases

As part of our 2025–2027 GRA, Yukon Energy has received approval from the Yukon Utilities Board (YUB) to apply rate increases starting July 1, 2025, and again on January 1, 2026, on an interim basis until the YUB can make a final decision on our rate application. That decision is likely to occur in 2026.

These changes will affect electricity bills as follows:

Starting July 1, 2025: Customers will see about a 10% increase on their electricity bills.

Starting January 1, 2026: Customer bills will increase by about another 10%.

The interim increases help break up the proposed rate increase of 34% into smaller amounts over several months, rather than being applied all at once at the end of the process.

More details are available in the documents below. All documents and new updates from the Yukon Utilities Board are posted on yukonutilitiesboard.yk.ca.

Next Steps and Public Participation 

The YUB has established the following public process schedule for the GRA, which may be subject to change: