CORPORATE GOVERNANCE
REGULATORY COMMUNICATIONS SaskEnergy is required to file any applications for delivery and commodity rate changes with the SRRP, an advisory panel that provides formal recommendations to the Provincial Cabinet. The applications are available to the public. Typically, the SRRP will ask for additional information to assist in its review, and a public interaction component is provided through public meetings. SaskEnergy filed an application for a commodity rate decrease from $3.65 per GJ to $2.65 per GJ in September 2018, while at the same time seeking a 3.7 per cent increase in its delivery service rate. On November 1, 2018, the commodity rate was lowered from $3.65 per GJ to $2.95 per GJ as an interim rate while the SRRP conducted its review. After review, the SRRP recommended a 3.4 per cent increase to the delivery service rate and that the commodity rate decrease from $3.65 per GJ to $2.575 per GJ. In March 2019, Cabinet approved these recommendations, effective April 1, 2019. TransGas’ proposed rate changes are discussed through the TransGas Customer Dialogue, a proxy with representatives from the producer, industrial end-user and gas marketer communities. After rate changes are discussed through Dialogue, they are provided to the Provincial Cabinet for approval. TransGas’ latest rate change was effective May 1, 2018, with a 5.9 per cent increase to both the transportation and storage rates.
EMPLOYEE COMMUNICATIONS SaskEnergy regularly communicates with its workforce of approximately 1,100 employees to ensure prompt and accurate delivery of corporate information. A primary method of communication is the InfoFlash (a corporate memo containing relevant, business- related information) that is delivered via e-mail to all employees within the Corporation. In addition, SaskEnergy also employs a corporate Intranet site (innergy). This communication medium allows employees to access information related to the Corporation, stay informed on upcoming events and initiatives and link to internal departmental sites for specific department-related information. To ensure the accuracy and quality of information provided, innergy offers a two-way communication medium for employees to submit feedback regarding information on the website. SaskEnergy also produces corporate videos that serve as informative, educational tools to keep employees up-to-date on major projects that are taking place within the Corporation. The Corporation also maintains an “Open Line to the President”, a forum whereby employees are able to submit questions or comments for Executive response. Posted responses are available for all employees to view. In addition to the mediums mentioned above, SaskEnergy supports the use of meetings, presentations and face-to-face communication to deliver important messages to employees, such as safety messages, business and strategic plan information and employee survey results.
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