As of today (thurs), homeowners and businesses in the province are getting rate reductions on natural gas. SaskEnergy’s commodity rate drops from $3.65/Gigajoule to $2.95. It’s the lowest rate offered to customers since 1999. The company is hoping for Rate Review Panel approval to further lower the rate next April to $2.65. But next year’s savings may be lost to you. The Provincial Government says the Federal Liberal Government plan to impose a fuel levy this spring on natural gas users, means SaskEnergy could be forced into large increases, for years, due to the federal carbon tax. According to Bronwyn Eyre, Minister responsible for SaskEnergy, once imposed in April, the Federal Liberal tax will increase an average residential natural gas bill by $100 to $120 annually.
SaskEnergy’s Rate Reduction May be Eaten up by the Federal Carbon Tax
Nov 1, 2018 | 9:48 AM