Industry Groups Raising Alarms About SaskPower Rate Hikes.

Seems like a lot of people were surprised and dismayed by Scott Moe’s decision to hike power rate, including a major industry group, made up of some of the largest industry group. In a recent letter to the province’s Rate Review Panel, the Saskatchewan Industrial Energy Consumer Association (SIECA) says a lack of transparency around plans for a rate increase “not only weakens confidence in Crown rate setting, but also creates broader uncertainty regarding the investment climate in Saskatchewan.

The entire release can be found here:

https://www.ndpcaucus.sk.ca/scott_moe_s_secrecy_driving_economic_uncertainty_as_power_rate_hike_shocks_industry