The Saskatchewan Rate Review Panel is recommending a drop in the cost of natural gas for SaskEnergy customers.
On average, residential customers would see their bills decrease by approximately $2 per month, or $28 annually.
If approved by cabinet, the rate changes will take effect Nov. 1.
SaskEnergy’s rate application proposed a 14-per-cent decrease to the overall commodity rate, combined with an 8.6 per cent increase in the delivery rate.
The panel is recommending the commodity rate drop by 13 per cent, but agrees with the 8.6 per cent hike in the delivery rate.
The overall effect of the delivery rate hike, coupled with a higher heat value conversion factor, will result in a revenue shortfall for the Crown corporation of about $1.7 million.