ATCO Electric Yukon is regulated by the Yukon Utilities Board, which means our rates are reviewed, scrutinized, and approved through a quasi-judicial process. 

Rate riders are charges or credits approved by the Yukon Utilities Board to recover costs or refund money for something that is temporary or caused by factors outside our control. Riders exist for various reasons and periods of time. We list all of the current rate riders on our website. 

Rider R is ATCO Electric Yukon’s base rate adjustment rider applied to all electric service throughout the Yukon.  The Rider R collects/refunds the difference between AEY’s base rates and approved revenue requirement.

Rider R is normally applied to determine final rates but is also used, on an interim basis, to begin collecting/refunding amounts prior to when final rates are approved by the Yukon Utilities Board (YUB).  Please note that the interim rates are placeholders to lessen the true-ups upon final rates being determined.  Any approved surplus or shortfall amounts that arise from the YUB’s Decision respecting Final rates, will be fully refunded/collected to/from customers. 

AEY is proposing a 1.6 percent rate decrease for 2023 and a 5.2 percent cumulative increase for 2024. The fuel adjustment factor is a mechanism to adjust Rider R based on current fuel prices, but it won't affect what customers pay for fuel on their bills. The 5.2% rate increase in 2024 is necessary to cover the difference between existing rates and the required revenue starting from January 1, 2024. Any fuel-related adjustments will be handled separately through Rider F, which won't be adjusted until mid-next year. 

No, the proposed rate decrease is temporary and serves as a placeholder until a final decision is made for the 2023 test year. It is based on the expected revenue requirement for that specific year. The rate decrease is not a repayment of extra revenue but a temporary measure until the final decision is made for the 2023 test year.

No, AEY has not received a decision on interim rates as of today.

The application will undergo a fully litigated quasi-judicial public hearing process. Interested parties can participate as intervenors and submit information requests. A hearing is scheduled to take place in Whitehorse in late November. Parties intending to participate in the proceeding need to register with the Board Secretary by Monday, July 31, 2023, indicating their interest and the issues of interest in relation to the Application. AEY will host a procedural conference in Whitehorse on July 27 that is open to the public. The conference will take place at 2pm in the Kwanlin Dün Cultural Centre Multi-purpose Room. To register, please contact Beth Rogers at elizabeth.rogers@atco.com. 

AEY is proposing a rate reduction for 2023. The rate increase in 2024 is largely driven by system growth and replacing aging infrastructure.

AEY's main reasons for infrastructure improvements include accommodating the increasing demand for electricity due to the growing number of customers, upgrading aging infrastructure to ensure reliable service, implementing a new customer billing system to enhance efficiency, and replacing assets that have reached their end of life. These upgrades are essential to maintain a reliable and modern electric system for customers.

Electric Utilities across Canada are undergoing significant transition in all jurisdictions in response to federal, territorial and provincial emissions targets and the availability of technologies to do so. This transition has implications on how energy is generated and distributed, as well as how consumers use their electricity services. 

AEY is committed to doing our part to reduce GHG emissions and participate in ‘Our Clean Future’ for the Yukon. We are partnering with the communities we serve in the development of renewable projects and ongoing integration with AEY’s isolated grids. In addition to enabling grid modernization initiatives such as Automated Metering Infrastructure (AMI), smart grid and demand response programs to enable this transition and allow customers to understand their electrical usage. 

AEY's General Rate Application focuses on our own costs. Yukon Energy completes their own General Rate Applications for their costs as we are separate utilities.