TransGas Limited (TransGas) is proposing changes to its rates for transportation and storage services, effective April 1, 2022. If approved, customers will see a rate increase ranging from 8.8% to 9%, with an average increase of 8.9% across all rate classes. The proposed changes are proceeding through the governance process and are expected to be finalized in late March 2022.
Over the past five years, TransGas expanded its system to meet increased customer demand in Saskatchewan, and to increase capacity to import natural gas from Alberta. Several large capital projects, such as Rosetown-Vanscoy and Saskatoon South, were completed with TransGas investing over $300 million. Rate impacts were mitigated while TransGas continued to safely and reliably meet customer expectations. Factoring in the upcoming rate increase of 8.9%, which is effective April 1, 2022, annual rate increases average 3.8% since 2017.
Looking ahead, TransGas will continue to provide safe and reliable service while minimizing rate impacts for customers.
If you have any questions regarding how the rate changes will affect you, please contact your Key Account Manager — Alexis Schmidt at (306) 530-5499 or Adam Tulloch at (306) 551-9350.