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SaskEnergy approved to raise rates $10 per month

Jun 16, 2014 | 5:34 PM

SaskEnergy has the green light to raise your gas bill nearly $10 a month.

The Saskatchewan Rate Review Panel granted SaskEnergy its increase Monday to $4.84/Gigajoule (GJ) from the current rate of $3.82/GJ. The Crown corporation asked for the hike after the long, cold winter increased demand significantly.

The increased demand left SaskEnergy running a deficit of $34 million.

“The panel also suggests that in future SaskEnergy bring forward its need for increases earlier, so that deficits do not grow as large before rates are revised,” a statement from the panel said..