SaskEn­ergy ap­plies for low­est com­mod­ity rate in 19 years

Prairie Post (East Edition) - - Swift Current - CONTIRBUTED

SaskEn­ergy re­cently an­nounced it has ap­plied to the Saskatchewan Rate Re­view Panel to lower its Com­mod­ity Rate from $3.65/Gi­ga­joule (GJ) to $2.65/GJ, ef­fec­tive April 1st, 2019. SaskEn­ergy is also ask­ing the Panel to ap­prove a 3.7% De­liv­ery Ser­vice Rate in­crease for April 1st, 2019.

The two rate ad­just­ments com­bined will see a to­tal bill de­crease of 8.8% for the av­er­age res­i­den­tial cus­tomer, or an­nual sav­ings of $81.

“We all know how vi­tal re­li­able nat­u­ral gas ser­vice is to the peo­ple and busi­nesses of Saskatchewan. Nat­u­ral gas is the choice of en­ergy for our nearly 400,000 cus­tomers and we’re pleased to be able to of­fer near record low com­mod­ity rates,” said Ken From, Pres­i­dent and Chief Ex­ec­u­tive Of­fi­cer, SaskEn­ergy. “These low mar­ket prices speak to the ef­fi­ciency of the nat­u­ral gas in­dus­try and the abun­dance of this low-emis­sions fuel re­source in Canada.”

In ad­di­tion, SaskEn­ergy has asked the Panel to sup­port an in­terim rate of $2.95/GJ, ef­fec­tive Novem­ber 1st, 2018. From said this will al­low cus­tomers to take ad­van­tage of lower rates dur­ing the win­ter heat­ing sea­son, while also pro­vid­ing the Panel the nec­es­sary time it re­quires to an­a­lyze SaskEn­ergy’s ap­pli­ca­tion, and col­lect cus­tomer feed­back.

The pro­posed April 1st, 2019 Com­mod­ity Rate of $2.65/GJ is the low­est SaskEn­ergy has of­fered cus­tomers since 1999.

The pro­posed 3.7 per cent De­liv­ery Ser­vice Rate in­crease will pro­vide ad­di­tional fund­ing for higher costs of safety and sys­tem in­tegrity pro­grams, and in­fra­struc­ture in­vest­ments for projects such as the re­lo­ca­tion of ma­jor pipe­line in­fra­struc­ture out­side of large ur­ban cen­tres.

Twenty years ago, the av­er­age home in Saskatchewan used ap­prox­i­mately 130 GJs of nat­u­ral gas a year.

In re­cent years, that us­age per house­hold is down to about 100 GJs thanks to more en­ergy-ef­fi­cient fur­naces and wa­ter heaters, homes built to higher ef­fi­ciency stan­dards and home­own­ers man­ag­ing their en­ergy use.

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