5 Questions with Mike Marsh About the Upcoming Rate Increases

May 20, 2016

Mike Marsh Featured
Today, we announced that on July 1, 2016, and again on January 1, 2017, you'll see changes to your power bill.

Our system continues to age, demand for power continues to grow, and we know our customers need and deserve reliable power. We asked SaskPower President and CEO Mike Marsh to answer some of the questions you may have around rate increases.
  1. Why is SaskPower raising rates?

    We need to keep investing in our electrical system to provide reliable service to our customers. Most of our system is 30-50 years old and needs ongoing repair or replacement. As well, the demand for power is growing. We're expecting to spend an average of $1 billion every year for the long term to grow and maintain our system.

  2. How much will this add to my bill?

    The average customer will pay $6 more per month on July 1, 2016 and Jan. 1, 2017. Farm customers will see their bills go up about $12 per month for each of those years because the average bill and consumption is higher for these customers.

  3. How can I share my thoughts?

    The review process is open to the public. Your comments and questions are welcome. The province's Rate Review Panel holds public meetings before it makes its recommendations. Their website will post a schedule, and they provide other ways for you to share your feedback.

  4. What about customers on a fixed income?

    We know that no one wants to see their bills go up. We do what we can to reduce the impact on customers. Our rates are based on the type of service you need (ex. residential, farm or commercial), not income. The Ministry of Social Services has measures in place to help those having trouble with utility bills. SaskPower also runs Lighting Discounts and other efficiency programs throughout the year.

  5. What is SaskPower doing to save money?

    We're working hard to keep rate increases as low as we can. In 2015, we froze spending, reduced what we spent on travel and training and have left jobs vacant as people retire or leave the company. We'll keep looking for ways to reduce costs. We know no one wants to hear about a rate increase, and times are tight. I promise to make sure we do everything we can to keep our rates cost-effective while we invest in the future of our province.

 

Quotables:

"The average customer will pay $6 more per month on July 1, 2016 and Jan. 1, 2017."

"We know that no one wants to see their bills go up. We do what we can to reduce the impact on customers. Our rates are based on the type of service you need (ex. residential, farm or commercial), not income."

"We know no one wants to hear about a rate increase, and times are tight. I promise to make sure we do everything we can to keep our rates cost-effective while we invest in the future of our province."

 

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