A partnership between the City of Humboldt and City of Prince Albert plus other stakeholders such as school divisions is going to save taxpayers in Humboldt up to $240,000 over three years.

The agreement sees Humboldt purchase natural gas from Twin Eagle Resource Management at a fixed rate of $3.18 per gigajoule over the trio of years.

Manager Roy Hardy explains more about the cost saving endeavor.

"We went with Prince Albert and a number of other public sector bodies and went out to market to see what we could do in terms of getting a price for the next three to five years and we were able to get a much more lower price for our commodity."

As of press time on the Sask Energy website it's priced at $4.30/gigajoule so as you expect that's significant savings according to Hardy.

"This is the kind of partnership that from time to time has some benefits because obviously in terms of the pool of natural gas that was going to be required by all these companies in effect we were able to basically tender for a lower price over the next period of time."

Hardy says this isn't the first time Humboldt has benefited form joint purchase agreements.

"I know that a couple years ago we took advantage of a project with Saskatchewan Urban Municipalities Association on our mobility bus. Those are the type of things that when they come up and it's the right timing and the market is good it's always good to be able to do some joint purchasing."

The agreement will begin in November of next year.

You can hear more from Hardy below in his interview with Bolt FM's Clark Stork.