Thank you, Mr. Speaker. Mr. Speaker, as we all know living in the Northwest Territories, costs have gone up for the purchase of diesel fuel to purchasing materials. I think we have to realize that there is a cost. If NorthwesTel's power rates go up, it is all affected by the cost of doing business. It has been four years since the last rate application. We all know the cost of operating in the Northwest Territories has jumped drastically in the last four years.
Mr. Speaker, I would just like to point out that out of the 23 communities we represent, we are going to see an increase in roughly 17 communities from the range of roughly about .01 cent a kilowatt to 12.53 cents a kilowatt. Also, we are going to see a decrease in nine communities that range from 1.47 cents a kilowatt to 28.70 cents a kilowatt. Again, there is going to be some increase in some communities. There is going to be a decrease in other communities. In regards to the residents of Yellowknife, it is simply an increase to the wholesale rate that is being charged in the area of about 2.13 cents a kilowatt. Again, that is roughly the range of the increase that we are looking at. We haven't had a rate increase for the last four years. Thank you.