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In 2019-20, demand from SaskEnergy's industrial transmission customers increased for the fifth straight year and contributed to the Corporation's highest-ever level of transportation and storage revenue. In addition, the record for customers' daily natural gas consumption in the province was broken on three consecutive days, with a peak of 1.55 Petajoules on January 15, 2020.
Core operations remained a focus, as SaskEnergy invested $330 million to expand natural gas storage and delivery capacity for customers throughout Saskatchewan. While investing in system capacity, safety and reliability, SaskEnergy decreased its commodity rate to reflect the low natural gas price environment, which resulted in the lowest commodity rate in 20 years for its customers. Combined with its delivery rate, SaskEnergy's total residential gas utility rate is the third-lowest in Canada.
To learn more about our operational and financial performance:
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