Naka Power Utilities (NWT) Ltd. 2026-28 General Rate Application

For more than 70 years, Naka Power Utilities (NWT) has been part of everyday life in the Northwest Territories—helping keep homes warm, businesses running, and communities connected. As Canada’s first Indigenous-owned electricity utility, in partnership with Denendeh Investments Incorporated for nearly 40 years, we take that responsibility seriously.

Today, the way we deliver electricity is changing—and so are the costs behind it.

In the North, providing power is more complex than in most places. Many communities are remote and operate on small, isolated systems, which makes it more expensive to generate and deliver electricity. At the same time, the cost of fuel, equipment, and materials has increased, and we continue to invest in maintaining and upgrading critical infrastructure to keep the system safe and reliable.

We are also planning for the future to support system upgrades and long-term projects that will help strengthen reliability, reduce diesel reliance over time, and ensure communities have the power they need for years to come.

At the same time, we know that any impact on customer bills matters. That’s why we are continually looking for cost efficiencies in everything we do to find smarter ways to operate, carefully managing spending, and prioritizing investments so we can keep costs as low as possible while still delivering safe and reliable service.

The GRA is part of a transparent process that ensures the rates customers pay reflect the actual cost of providing electricity and are reviewed by the NWT Utility Board to ensure they are fair and reasonable.

This work also supports something bigger. We are committed to a better energy future for the Northwest Territories—one where electricity systems are strong, communities are supported, and customers across the territory have fair and equitable rates, regardless of where they live or who provides their service.

In the end, this is about balance: continuing to deliver the reliable service you depend on today, while making thoughtful investments to build a stronger, more sustainable energy future for tomorrow.

What You Need to Know

Naka Power Utilities (NWT) Ltd. (Naka) has submitted a General Rate Application (GRA) to the Northwest Territories Public Utilities Board (PUB) for 2026–2028.

A GRA is a regulatory process used to review electricity costs and determine whether changes to rates are required to ensure safe, reliable service.

Why Rates are Being Reviewed

On January 1, 2026, three utilities—Naka Utilities (NWT) Ltd., Naka Power Utilities (NWT) Ltd., and Naka Power Utilities (Yellowknife) Ltd.—were combined into one company: Naka Power Utilities (NWT) Ltd.

Following this amalgamation and changing operating conditions, Naka filed its GRA on April 30, 2026, to reflect updated costs for operating and maintaining the electricity system.

In its Application, Naka has requested approval of revenue requirements and corresponding rate increases by zone for the 2026, 2027 and 2028 Test Years relative to the 2025 Board-approved revenue requirements. The requested rate increases, as well as bill impacts effective July 1, 2026, before and after government subsidies are shown below in tables 1-3 and 4, respectively. 
 

Tables 1-3: Naka Power Utilities (NWT) Ltd.
Rate Increases by Zone ($000)