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Synergy North releases investment plan survey

By Tim Davidson Apr 21, 2023 | 4:14 PM

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Synergy North is seeking input on it’s five year investment plan.

Vice-president of Customer and Information Services Andy Armitage says they want some feedback on the company’s capital work, which will be part of their new Cost of Service Application this summer.

“The capital plan stretches out till 2029 and it’s all in the survey,” explains Armitage.

“There’s information on our capital plan and how we’re spending it out.  It’s a balanced plan based on cost and liability.  We just want to make sure customers expectations are met.”

Armitage adds they do take into account on how inflation is impacting their capital plan.

“There is an outline of what we’re showing as the impact of inflation on some of the things that we’re building.  We got a percentage in there, it’s pretty high, of what’s been impacting our expenses to date.  So we built that into the plan and we’ve got that in the survey.”

Synergy North says the capital plan includes projects, infrastructure upgrades and things ratepayers would like the utility to invest in.

You can take the survey at:  haveyoursay.synergynorth.ca


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