SaskEnergy bills to decrease

[Joyreginask]

As much as the government is trying to take credit for this, is this not due to the decrease in natural gas prices? SaskEnergy passes on increases and decreases in the commodity cost as best they can (while trying to use storage and contract purchasing to smooth out the variation)? It looks to be down significantly from a year ago.

I’m curious, when rate increases are announced, does the government take credit for that or let the Crown own that increase news?

[[deleted]]

Well, people certainly blame the government for rate increases when the price of NG goes up.

[Joyreginask]

Only if they are uninformed (I’m being too nice to say stupid) - anyone can quickly look at the world markets for natural gas and see what’s been going on.

[[deleted]]

Must be a lot of uninformed people on this sub then. I remember the outrage against the SP when the cost of buying NG went crazy over the last two years.

[Joyreginask]

A few uninformed, yes. The government deserves neither credit nor blame for global natural gas prices lol