Natural gas bills in Saskatchewan are going down about eight per cent, the government announced Wednesday.
In the morning, cabinet approved a rate decrease at SaskEnergy, retroactive to Nov. 1.
For a typical residential customer, bills will go down by about $6.75 a month or $81 annually, a 7.8 per cent decrease. Gas bills are a combination of the commodity cost of the gas and the delivery cost.
This time it's the commodity cost of natural gas that's changing, dropping by 12.6 per cent in response to falling market prices.
Meanwhile, a hike on the delivery cost of the gas is being considered.
SaskEnergy, which is owned by the provincial government, has applied to Saskatchewan Rate Review Panel for the increase.
A recommendation on that application is expected in January.
The rate review panel had previously recommended that the commodity cost decrease by the amount requested by SaskEnergy.
