Panel announces review of SaskPower 2022 and 2023 Rate Application
The Saskatchewan Rate Review Panel will review a rate application from SaskPower that proposes system average rate increases of 4% effective September 1, 2022 and 4% effective April 1, 2023. For the average residential customer, this means increases of $5/month on September 1, 2022, and $5/month on April 1, 2023. The average farm customer will see increases of $11/month on September 1, 2022, and
$12/month on April 1, 2023. SaskPower indicates that the main driver of the rate increases is the increased cost of fuel and purchased power, led by increased renewables and higher natural gas prices.
The rate application and other supporting documents together with the process timetable will be posted on the Panel’s website, www.saskratereview.ca, as they become available. The Panel welcomes comments or questions from the public using the following options:
- Online at saskratereview.ca in the “Contact the Panel” section
- Facebook: facebook.com/saskratereview
- Twitter: twitter.com/SaskRateReview
- Mail: P.O. Box 1301, Saskatoon, SK S7K 3N1
- Email: [email protected]
- Telephone Voice Message: 1-877-368-7075 (toll-free) or 306-934-1948
All methods of communicating with the Panel, including the date and location of public meetings, will be promoted. The Panel will also commission an independent technical study of the application, bringing expert outside opinions to the review. As part of the review the Panel provides the government with an opinion regarding the fairness and reasonableness of the proposed rate request, while balancing the interest of the customer, the Crown corporation and the public. The provincial Cabinet makes the final decision on the rate request.
When the review process is completed the Panel’s report will be available for downloading at www.saskratereview.ca.
For more information please contact Albert Johnston, Chair of the Saskatchewan Rate Review Panel, at 1-877-368-7075 (toll free) or (306) 934-1948 in Saskatoon.
