Thank you, Mr. Speaker. Mr. Speaker, the Power Corporation is working in concert with the Housing Corporation on energy conservation programs and housing conversion programs to convert, for instance, hot water heaters from electricity to oil. The Power Corporation is always interested in working with other agencies and communities on conservation and savings initiatives. The cost of a general rate application is so big that the Power Corporation tries to submit an application for rate changes to the Public Utilities Board no more than every three or so years.

The chances of seeing any changes in the next two years are very slim. The cost of an application to the Public Utilities Board would probably be more than what the community could save in total energy costs. Since all of the costs have to be recovered by the Power Corporation, there would be no savings. We have to be careful that we do all the general rate applications for all communities at the same time in order that the costs are shared across the Northwest Territories and no one community has to pay too much for the cost of the Power Corporation appearing before the Public Utilities Board. Thank you, Mr. Speaker.