In August, Saskenergy announced that it had applied for a commodity rate of six dollars and 93 cents per gigajoule reflective of the lower natural gas prices in advance of the winter heating season.

Saskenergy announced yesterday that it has provided the Saskatchewan Rate Review Panel with a market update, which included a revised natural gas commodity rate of six dollars and 57 cents per gigajoule.

Continued downward pressure on winter gas prices has resulted in this revised commodity rate being included with the market update to the Saskatchewan Rate Review Panel.

Saskenergy does not mark up the price of gas, as natural gas is sold to Saskatchewan consumers at cost.