2016-17 SaskEnergy Annual Report

For the 2016-17 fiscal year, SaskEnergy received two specific directives through the Saskatchewan Plan for Growth. SaskEnergy’s role in facilitating provincial growth was to: • Reduce the time it takes to complete new connect requests for customers; and, • Meet the needs of a growing residential, commercial and industrial customer base through upgrades to SaskEnergy’s capital network (transmission expansion). During 2016-17, SaskEnergy made progress on both of these directives. The distribution utility set a target to complete the average customer connection request within the customer’s required timeline. This target was achieved in most instances and opportunities for improvement continue to be identified. With respect to transmission upgrades and expansion, the operations and system planning groups work together to ensure the safe and reliable operation of the natural gas system and strategize on how best to respond to anticipated load growth in the coming years in a timely and cost effective manner. Each year, as part of the business planning process, SaskEnergy incorporates the Province’s strategic directives and evaluates the continued relevance of the performance metrics contained in the previous year’s scorecard. Any changes deemed appropriate are made and associated targets are developed for each metric. The final scorecard, including metrics and targets for the five-year planning horizon, is presented to the Corporation’s Board of Directors for approval as part of the annual business plan approval. The CIC Board reviews the business plan and confirms compliance with the Crown Sector Strategic Priorities prior to its approval. Progress toward these targets is monitored and reported throughout the year. Regular reporting on those specific scorecard targets allows management to closely monitor progress and take any corrective action necessary to achieve the targets. The following discussion outlines the Corporation’s 2016-17 performance relative to its strategic scorecard targets for the 12 months ending March 31, 2017, which are further defined in the Glossary of Key Success Measures.

MISSION

VISION

“Our team of engaged employees and business partners develops and delivers safe, reliable natural gas solutions that benefit our customers and Saskatchewan.”

“To create a competitive advantage for Saskatchewan through safe, innovative energy solutions.”

Saskatchewan Crown Sector Priorities & Saskatchewan Plan for Growth

SaskEnergy Strategic Mandates

Service Excellence

Achieving Growth

Our Team

Creating Value

Infrastructure

People/Resourcing

Financial Capability

Focus Areas

Safety

Productivity

Strong Earnings Focus

Growth

Resource Management

Key Directions

Efficiencies

Strategic Capital

Collaboration

Supply Options

18

Management’s Discussion & Analysis

Made with FlippingBook Ebook Creator