SaskEnergy Seeks Rate Adjustments
Saskatchewan consumers may have a few extra dollars in their pockets, following an application put forward by SaskEnergy. In its`application with the Saskatchewan Rate Review Panel, SaskEnergy is proposing rate changes that would see residential customers save nearly $50 on their annual bill. SaskEnergy has applied to reduce its Commodity Rate from $4.55/Gigajoule (GJ) to $3.82/GJ, a decrease of 16%. If approved, the proposed commodity rate, SaskEnergy`s lowest since 2000 – would be implemented on April 1. This proposed Commodity Rate reduction will offset SaskEnergy`s application for a Delivery Service rate increase, its first delivery service application since 2009. The rate increase is needed to address additional cost pressures related to enhanced safety and integrity programs and economic growth.
The Delivery Service rate request is for an increase of 6.7%, which will mean a $2.25/month increase to the Basic
Monthly Charge for residential customers. The new rate, to be implemented`after July 1st, 2012, would still result in SaskEnergy’s residential customers paying the lowest delivery costs in Canada.