The conclusion of a legal dispute led to, on paper, a significant increase in net income from operations for SaskEnergy.

In its annual report the crown corporation says it made a one time accounting adjustment related to the conclusion of litigation that awarded SaskEnergy title to its head office building in Regina. Net income for operations rang in at $82 million which is up $23 million from last year.

Minister responsible for SaskEnergy Don Morgan touted the company having the lowest residential natural gas bills in Canada while being able to provide a $22 million dividend to the Crown Investments Corporation, up a million from last year, and goes to the province’s general revenue fund.

In 2021-22, SaskEnergy says it made progress on its commitment to reduce emissions from operations by 35 per cent by 2030. The company says green house gas emissions from operations was reduced by 22,000 tonnes of carbon dioxide equivalent. As well, the crown bought $278 million in goods and services from Saskatchewan vendors, representing nearly three quarters of all corporate purchase orders and embarked on two system expansion projects – a new 30-kilometre cross-border transmission line near Pierceland and a new 86-kilometre gas line from Rosetown to Vanscoy.