Saskatchewan is growing, what about SaskPower?
Take a minute to think of the electricity you’re using right now: a computer, a modem, some lights, maybe your phone is charging or you’re drinking a cup of coffee. Electricity powers our lives every day, and every day we’re all using more.
We’re working hard to ensure that everyone in Saskatchewan has enough reliable, sustainable power. We’re also working to provide competitive rates for everyone in our province. But demand is growing— there are more people and more businesses that need power. We’ve seen a 16% increase in demand over the past five years. Just last year, we added 8,000 new customers.
We continue to set new records for power consumption., most recently on January 11th, 2016. As our province continues to grow, we’ll need more power.
There are things that make producing that power a challenge. Our power grid is past its prime, and much of it must be renewed or replaced. We also face stricter environmental regulations which make a lot of the electricity we produce now (coal) more expensive or obsolete. We need to secure enough power for everyone in Saskatchewan, while reducing environmental impact and finding new ways to generate power.
We have a very big job ahead.
So what do we do?
We’ll invest about $1 billion per year to meet the needs of our growing province. In 2016, we’ll reinvest 42% of what you pay for power into infrastructure.