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Established in 1929, SaskPower operates one of Canada’ s largest grids. The company is responsible for serving more than 550,000 customer accounts within the province of Saskatchewan’ s large geographic area of approximately 652,000 square kilometers – nearly the size of the state of Texas. To serve these customers, the company maintains more than 160,000 circuit km of power lines, 65 high voltage switching stations and 191 distribution substations. About three customer accounts are served per circuit km, which is a low customer density compared to other jurisdictions.
In total, SaskPower has 5,927 megawatts of generating capacity, including 2,434 MW of natural gas, 1,389 MW of coal, 863 MW of hydro, 818 MW of wind and 30 MW of utility scale solar.
SaskPower’ s mission statement is to ensure reliable and affordable power for its customers and the communities it serves. Saskatchewan is a major exporter of potash, uranium, oil and many agricultural products, and in fact one in three jobs in the province are tied directly to exports. For nearly a century, SaskPower has helped to grow Saskatchewan into what it is today by supporting industry and improving quality of life for everyone.
In terms of financial health, SaskPower maintained a strong balance sheet during the most recent fiscal year while investing a record $ 1.5 billion to modernize, grow and sustain the provincial electricity system.
SaskPower is projecting that power demand will massively increase over the next two decades, and the provincial government has directed the company to take an all-
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