SaskPower posts $136 million first-quarter loss

By Manjot Singh Global News

Posted September 3, 2025 8:03 pm

1 min read

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Click to play video: 'SaskPower reports first quarter loss of $136 million' — WATCH: SaskPower is reporting a net loss of $136 million for the first quarter of the fiscal year. The utility says the decline stems from a $45-million drop in revenue and $83 million in higher expenses, driven by fuel, maintenance and the federal carbon price. – Sep 3, 2025

SaskPower is reporting a net loss of $136 million for the first quarter of the fiscal year.

The utility says the decline stems from a $45-million drop in revenue and $83 million in higher expenses, driven by fuel, maintenance and the federal carbon price.

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SaskPower also paused collecting the federal carbon charge in April, which cost the Crown about $59 million in revenue.

Manjot Singh has more in the video above.

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