r/Yukon • u/Yukonduit • 8h ago
News Electricity rates could rise 53 per cent without federal investment, minister warns
"Yukon Energy, Mines and Resources minister warns that, without federal investment, families could face a further 53 per cent electricity-rate increase as the territory tackles aging infrastructure and rising demand with a small ratepayer base" -
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Yukoners are feeling reality bite. Some Whitehorse residents have had ATCO bills that exceeded their monthly mortgage payments. Two of my neighbours have just put in wood stoves. We are also mulling it, as a backup. Even though we dislike the pollution these stoves cause, inside and out.
All while the Yukon Government and ATCO continue to pass the buck. To us. Something isn't passing the sniff test.
Winter is coming and the outlook is grim.
Even back in 2023, it was clear that -
"...the profit motive of a privatized energy company [based in in Alberta] is hurting [Yukon] consumers":
https://www.cbc.ca/news/canada/north/atco-yukon-energy-public-hearing-1.7045837
And Yukoners have now had enough of being fobbed off and exploited by duplicitous billing practices excused as a "new" (actually 3 year old) billing system with "hiccups" -
Yukoners are trying to mobilize around the issue. There is a Facebook group of 370 (and counting) disgruntled consumers, the so called Little People grown wise to the self-serving arithmetic of the 1% -
If you feel so inclined, you can join a Yukon Facebook group called "I've had issues with ATCO":
https://www.facebook.com/share/g/1B2oWNMC3A/?mibextid=wwXIfr
We've been told not to worry because there's going to be an "independent" third-party review of ATCO's billing system, paid for by the company being reviewed. (Yes, ATCO) -
Now pair our rocketing heating bills with the recent bad news from the Yukon Bureau of Statistics, that the Consumer Price Index in Whitehorse rose 5.5 per cent in July compared with a year earlier.
"The increase was the fastest among provincial and territorial capitals. Whitehorse’s jump outpaced the national three per cent rise, driven mainly by higher costs for inter‑city transportation, travel tours and [you've guessed it] ELECTRICITY...".
https://yukon-news.com/2026/08/21/whitehorse-inflation-increase-leads-country-in-july/
Consider this -
"It is clear that making the utility system a business instead of a universal public service makes the investments for the grid the most expensive they can be, instead of affordable for everyone":
https://climateandcommunity.org/research/overcharged/
"...The corporations who own the grid will not, by design, put our needs before their profits".
And who owns ATCO?
https://www.atco.com/en-ca/about-us/history.html
▶️ ATCO Electric Yukon (formerly the Yukon Electrical Company Limited) is a private, investor-owned utility operating in the territory;
▶️ It is a subsidiary of the ATCO Group, a publicly traded global corporation rooted in #Alberta;
▶️ and originally founded by the Southern family of Calgary.
Question:
Which Yukon political party presided over the Yukon Government when this dubious decision was made?
Answer:
The Yukon Party, the same party back in power, now passing the buck. To us -
What can we do? Immediately, not a lot, unfortunately. Although identifying the root of the problem helps.
And "Maybe, if enough people start doing this, the powers that be ...are just going to have to sit up. and take notice, and actually drag themselves into the 21st century and accommodate multiple distributed sources of energy on the Yukon grid":