The NDP Opposition called the announcement of a rate hike on a summer day before the long weekend \u0022a cowardly move.\u0022
The Crown electrical utility’s rates will increase four per cent this fall, and another four per cent in 2023. According to a government news release issued Thursday, the new rates will result in an average increase of approximately $5 on residential customers’ bills starting on Sept. 1, 2022, and an additional $5 on April 1, 2023.
But NDP SaskPower critic Aleana Young says the rate hike is coming just as businesses and industries are struggling in an “affordability crisis.” The province noted natural gas is the largest generation source in SaskPower’s fleet. As federal regulations require the elimination of conventional coal generation in Canada by 2030, SaskPower’s reliance on natural gas generation is expected to grow. Fuel and Purchased Power expense increases are largely driven by increased natural gas prices, and SaskPower’s fuel and purchased power expense is expected to increase from $715 million in 2020-21 to $1.069 billion in 2023-24.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Who wins and who loses when the Fed hikes interest rates? - Alaska Public MediaAnother month, another Federal Reserve interest rate hike.
続きを読む »
Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight WeekMARKET WRAP: BTC caps a week of mixed economic data, with higher prices. GWilliamsJr_CMT reports
続きを読む »
Interest rates 2022: How the Federal Reserve's rate hikes affect your financesThe Fed's latest hike, its fourth since March, will further magnify borrowing costs for homes, cars and credit cards, though many borrowers may not feel the impact immediately.
続きを読む »
Federal Reserve hikes interest rates for the fourth time this yearThe rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
続きを読む »
Bitcoin Briefly Jumps Above $23,000 as It Attempts Another Rally Following Fed Rate HikeBitcoin rose above $23,000 following stocks higher after the U.S. Federal Reserve raised interest rates but suggested the pace of hikes could slow.
続きを読む »
How the Federal Reserve's rate hikes affect your financesHigher mortgage rates have sent home sales tumbling.
続きを読む »