SaskPower does not plan to apply for a rate increase for the 2019-20 fiscal year. The company says it will be able to meet its financial goals without raising rates. The company credits lower than forecasted natural gas prices and optimization efforts. The Crown Corporation says it has saved about $115 million in budgeted operating, maintenance, and administration spending since 2015 through a combination of restraint and optimization activities. SaskPower still plans to invest about $1 billion every year to modernize and grow the province’s electrical system.