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SaskPower

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SaskPower

Saskatchewan Power Corporation, operating as SaskPower, is the principal electric utility in Saskatchewan, Canada. Established in 1929 by the provincial government, it serves more than 550,000 customers and manages nearly $13 billion in assets. SaskPower is a major employer in the province with over 3,100 permanent full-time staff located in approximately 70 communities.

SaskPower was founded as the Saskatchewan Power Commission in 1929, becoming the Saskatchewan Power Corporation in 1949 with the passage of The Rural Electrification Act. The abbreviated name SaskPower was officially adopted as a trade name in 1987.

Owned by the government through its holding company, the Crown Investments Corporation, SaskPower is governed by a Board of Directors who are accountable to the provincial government Minister Responsible for Saskatchewan Power Corporation.

SaskPower has the exclusive right and the exclusive obligation to supply electricity in the province, except in the city of Swift Current and most of the city of Saskatoon. The Swift Current Department of Light and Power provides electrical services within the municipal boundary of Swift Current. Saskatoon Light & Power provides service to the customers within the 1958 boundaries of Saskatoon while SaskPower has responsibility for areas annexed after 1958.

SaskPower serves more than 550,000 customers through more than 160,000 kilometres of power lines throughout the province and covers a service territory that includes Saskatchewan's geographic area of approximately 652,000 km2 (252,000 sq mi). This low customer density means that while most North American electrical utilities supply an average of 12 customers per circuit kilometre, SaskPower supplies about three. In fiscal year 2022-23, SaskPower sold 23,818 GWh of electricity for $2,844 million (CAD).

SaskPower has a total generating capacity of 5,437 megawatts (MW) from 31 generating facilities, including three coal-fired power stations, ten natural gas stations, seven hydroelectric stations, eight wind power facilities and three solar facilities. Of these 31 facilities, 12 of them are operated by Independent Power Producers who sell electricity to SaskPower through a Power Purchase Agreement.

The Chinook Power Station is a 350MW combined-cycle natural gas power station near Swift Current that has come online in 2019.

The Boundary Dam Power Station is a coal-fired station, the number 3 boiler of which was chosen for renewal as a carbon capture and storage facility.

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