2023-24 SaskEnergy Annual Report

Glossary of Key Success Measures

Financial Measure

Definition

Debt/Equity Ratio

This measure is calculated by dividing total net debt by the sum of total net debt plus total owner’s equity. This measure is calculated by dividing the net income from operations, excluding commodity margin and customer contributions, by the rate base, adjusted for cumulative customer contributions. It is the same calculation used to set delivery service rates. This measure is calculated by dividing the income from operations by the rate base, adjusted for cumulative customer contributions. It is the same calculation used to set transportation and storage rates.

Regulated Return on Equity – Distribution

Regulated Return on Equity – Transmission/ Storage

Customer Measure

Definition

SaskEnergy Customer Satisfaction

The data for this measure is obtained from an annual customer survey conducted by an independent market research firm. The SaskEnergy customer satisfaction measure expresses, in percentage terms, the proportion of customers surveyed who rated their overall satisfaction with SaskEnergy’s service as a 7 or higher on a 10-point scale. Positive responses such as these indicate that customers view SaskEnergy’s service favourably and provide a strong indication that the customer service tools, policies and staff are effectively meeting the needs of customers. The data for this measure is obtained from an annual TransGas customer survey conducted by an independent market research firm. Customer satisfaction is measured on a 10-point scale, with 10 being the highest level of satisfaction. The survey contains 19 questions which, in turn, are subdivided to gain detailed feedback on various aspects of the service being evaluated. An average is taken on the responses to several questions and reported as a percentage.

TransGas Customer Satisfaction

Collaboration Measure

Definition

Cost Savings

Cost savings achieved through collaboration efforts by the Crown sector, Treasury Board Crowns, ministries and agencies of government. This includes savings from new initiatives and savings that build on past collaboration initiatives.

Investment Attraction

Newly announced private sector investments in Saskatchewan that the investment attraction working committee helped to secure.

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