Interim Electrical Rebate (IER)
The rebate began in 1998 as the Rate Stabilization Fund to help offset rate increases caused by the closure of the Faro mine – which significantly reduced the demand for power in the territory.
Yukon residents receive a rebate of up to $26.62 on their monthly electrical bills for the first 1,000 kWh they use.
Government of Yukon has provided up to $3.5M per year to this fund through a funding agreement with YDC.
The IER has been extended until March 31, 2019.