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In 2016-17, SaskEnergy recorded income before unrealized market value adjustments of $70 million, compared to $86 million for the 12-month period ending March 31, 2016. The corporation declared a dividend of $29 million to Crown Investments Corporation (CIC), based on 2016-17 income before unrealized market value adjustments. Unrealized market value adjustments were favourable in 2016-17 resulting in a consolidated net income of $146 million. Safety remained the core focus of SaskEnergy’s operations in 2016-17, as the corporation dedicated $91 million toward increasing safety across its more...

In support of carbon monoxide (CO) safety awareness, and after a successful launch of the program, SaskEnergy is extending its CO alarm rebate offer until March 31, 2021. SaskEnergy initially partnered with retailers across Saskatchewan to offer a $10 rebate on the purchase of CO alarms from November 2, 2020 to January 31, 2021. During the first month, more than 5,000 alarms were purchased as part of the point-of-sale rebate offer. “It is critical that Saskatchewan residents take carbon monoxide safety seriously. Recent events in the province serve as crucial reminders of the risks associated...

SaskEnergy’s commercial customers now have another nine months—until August 31, 2022—to apply for energy efficiency rebates. Extending the deadline for the space and water heating equipment rebates is part of SaskEnergy’s commitment to a greener Saskatchewan. “By offering rebates on high-efficiency natural gas equipment we are helping our commercial customers reduce their energy use, maximize cost savings and reduce greenhouse gas emissions over the long term,” said Kevin Adair, who leads SaskEnergy’s Customer Service Operations. The rebates encourage the use of high-efficiency natural gas...

SaskEnergy provided value to customers throughout 2021-22 — including the lowest residential natural gas bills in Canada — while delivering strong financial results on behalf of the people of Saskatchewan. In its annual report released today, SaskEnergy reported net income from operations of $82 million - up $23 million compared to last year. The increase is largely due to a one-time accounting adjustment related to the conclusion of litigation that awarded SaskEnergy title to its head office building in Regina. Higher demand for natural gas from industrial customers, as well as higher demand...

SaskEnergy and the Regina Airport Authority (RAA) are piloting the use of new technology in Saskatchewan that could reduce greenhouse gas emissions from the main heating system at the Regina International Airport (YQR) by about 20 per cent, helping the RAA to achieve its environmental goals. A CarbinX small-scale carbon-capture device, manufactured by Calgary-based CleanO2, has been installed in the mechanical room of YQR’s Air Terminal Building. About $40,000 in SaskEnergy funding covered the cost and delivery of the unit and will also pay for independent measurement and verification to...

SaskEnergy has converted its Town Border Station in southwest Regina to generate solar power as part of its commitment to cut emissions. The Regina station is the first of several such facilities across Saskatchewan that will be converted to generate solar power over the next seven years. The increased use of renewable electricity is one of the pillars of SaskEnergy’s emissions-reduction roadmap. “This project is a major step in SaskEnergy’s goal to achieve a 35 per cent reduction in emissions by 2030,” said Don Morgan, Minister Responsible for SaskEnergy. “SaskEnergy is also focused on...

One of SaskEnergy’s flagship community programs—Share the Warmth—is back to support Saskatchewan people in need this winter. The program offers cash grants of up to $1,000 for grassroots community initiatives that provide food, clothing, and shelter support to families, children, seniors, homeless persons, and others who may need a hand. “What started nearly 30 years ago as a sweater recycling project to provide warm clothing to people in need has grown into one of SaskEnergy’s signature programs in communities across the province,” SaskEnergy’s Acting President and CEO Mark Guillet said....

Today the Government of Saskatchewan approved an increase to SaskEnergy’s Delivery Service Rate of 3.6 per cent to begin November 1, 2017. On average, the increase to residential customers will be an additional $1.65 per month or about $20 annually. The Delivery Service Rate is made up of two components – a fixed Basic Monthly Charge and a charge based on customer usage. “Government accepted a majority of the Saskatchewan Rate Review Panel’s recommendations on SaskEnergy’s Delivery Service Rate, which will increase fairness amongst customers,” Minister Responsible for SaskEnergy Joe Hargrave...

SaskEnergy has launched a new furnace replacement program to help homeowners facing financial barriers lower their heating bills. Through the Heating Affordability Program (HAP), eligible income-qualified households will receive a new high-efficiency furnace, free of charge, to replace their low-efficiency furnace. “At SaskEnergy, we are committed to helping our customers’ energy dollars go further,” said Mark Guillet, SaskEnergy President and Chief Executive Officer. “HAP is a program that helps customers save money and improve energy efficiency while they keep their homes warm during the...

SaskEnergy is teaming up with KidSport Saskatchewan and the Saskatchewan Junior Hockey League (SJHL) to help more kids participate in sport. Under the Goals for KidSport program, SaskEnergy will donate $20 to KidSport for every home goal scored by an SJHL team during the league’s 2022-23 regular season—up to 1,000 goals or $20,000. KidSport will use the funding in its mission to provide grants to help cover the costs of enrollment so that all kids aged 5-18 years in Saskatchewan can play a season of sport. “We’re thrilled to join with the SJHL and KidSport Saskatchewan to bring back ‘Goals for...

As the demand for natural gas continues to grow in Saskatchewan, SaskEnergy is investing nearly $50 million in a system expansion project to meet the current and future energy needs of eastern Saskatchewan. Construction is now underway on The Regina East Expansion Project, which will increase natural gas capacity for residential, commercial and industrial growth in the Yorkton and Regina areas. “Saskatchewan’s growing population and booming economy need safe, reliable and affordable natural gas to heat our homes and fuel our industries,” said Greg Ottenbreit, MLA for Yorkton. “SaskEnergy’s...

SaskEnergy is incentivizing customers to build new homes at higher energy efficiency levels than required by the current National Building Code of Canada 2020. Rebates of up to $9,000 are available for homes built to energy codes above Tier #2. “Our government is pleased with SaskEnergy’s efforts to help Saskatchewan homebuyers purchase energy efficient homes through the Homes Beyond Code Program,” said David Buckingham, MLA for Saskatoon Westview. “This program will make purchasing an energy efficient home more affordable, while also reducing energy bills through lower energy consumption.”...

SaskEnergy is making it easier for customers to stay informed about their natural gas services by launching a mobile application. “SaskEnergy is continuing to find innovative ways to provide the high quality of service people expect from our Crown corporations,” Minister Responsible for SaskEnergy Don Morgan said. “The launch of their app will make it easier for the more than 408,000 customers SaskEnergy serves to stay up-to-date on their accounts.” In March, SaskEnergy launched its online account, a new digital customer platform, available at saskenergy.com. Now coupled with the mobile app...