President’s Message
At SaskEnergy, it is our vision to provide critical energy to residents, businesses and industries as we support a prosperous Saskatchewan. As we meet the province’s demand for energy, we remain focused on our strategic imperatives — balancing our emissions reduction efforts with our ability to provide affordable natural gas service to our customers. In 2024-25, SaskEnergy made progress on our commitment to reducing our emissions from operations by 35 per cent by 2030, achieving more than double our year-over-year emissions reductions compared to the previous year. We also assisted our customers in reducing their own energy use, decreasing their end-use emissions and saving them money. Through our many energy efficiency programs, we provided $5 million in rebates to residential and commercial customers for energy-efficiency improvements to their homes and businesses, allowing them to reduce emissions by 18,900 tonnes of carbon dioxide equivalent.
At the same time, our strong operating and financial results, paired with ongoing efficiencies efforts, ensured that the average total natural gas bills for residential customers remain competitive, with our delivery rates among the lowest in Canada. The demand for natural gas in Saskatchewan remains significant, with no sign of slowing down. It continues to be the preferred energy option for homes and businesses, and our growing industrial customer base consistently turns to natural gas to fuel their business in our province. This past year, we invested in infrastructure and system expansion to strengthen our reliability and support customer growth. This included projects to serve new and expanding customer demand in enhanced oil recovery, potash production and power generation. SaskEnergy remains dedicated to strengthening Saskatchewan’s economy and investing in the communities we serve. In 2024-25, we purchased nearly $300 million in goods and services from local vendors, which accounted for 66 per cent of our procurement spending. In addition, $33.2 million in contracts were awarded to Saskatchewan businesses with Indigenous ownership or Indigenous workforce representation. Investing in our communities also means supporting the people of Saskatchewan through partnerships, sponsorships and community events. This year, we proudly celebrated the 30th anniversary of our Share the Warmth program. From humble beginnings as a sweater recycling project, Share the Warmth has grown into a grant program that provides funding to charitable organizations focused on offering warm clothing, shelter, food services or mental health support to help vulnerable citizens manage our cold prairie winters. In honour of this milestone, more than 100 organizations across the province received Share the Warmth grants of up to $1,000. As we look to the future, we must ensure that we are prepared for the evolving nature of our industry and the growing expectations of our customers and stakeholders. Each of our more than 1,200 employees has contributed to our success over the past year, and each has a valuable role to play in supporting SaskEnergy’s goals and vision in the coming years. Thank you to our employees for their dedication to serving the people of Saskatchewan, to our Executive team for their leadership, and to our Board of Directors for their governance and support throughout this past year.
Mark Guillet, K.C. President and Chief Executive Officer
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