2015-16 SaskEnergy Annual Report


SaskEnergy/TransGas delivered excellent results in 2015-16, particularly when viewed within the context of provincial and Western Canadian economic conditions. Financial highlights include $135 million in income before market value adjustments for the 15 months ended March 31, 2016 and a Core Growth measure of 3.8 per cent. A continued focus on efficiency gains generated nearly $6 million in cost reductions throughout 2015, bringing total savings in this area to $38 million over the last seven years. This aggressive pursuit of efficiency initiatives was once again a key factor in SaskEnergy’s ability to provide Saskatchewan customers with competitive rates while maintaining high levels of customer satisfaction. SaskEnergy/TransGas employees also responded admirably in aligning with other Saskatchewan Government Ministries and Crown corporations on fiscal restraint measures designed to reduce impact on the provincial budget. This involved many tough decisions throughout the year, and I thank employees for their collective effort in effectively meeting these challenges. SAFETY & SYSTEM INTEGRITY MEASURES Safe, reliable service delivery is SaskEnergy’s top priority and our 2015-16 results reflect the success of our teams throughout the period. Internally, SaskEnergy employees achieved a record safety performance, both in terms of Total Recordable Injury Rate and Preventable Vehicle Collision Frequency Rate. On the public safety “…expanded deployment of the joint Crown Safety Patrol program resulted in a six per cent reduction in third- party line hits in 2015, bringing the total reduction to nearly 30 per cent since 2013.”


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