I just want to reassure the
Member that the way the Taltson Hydro Expansion has been structured, it’s outside the regulated system. There would be no riders for the expansion included in any bills for power.
Our expectation is that it will not affect the power rates. Once the studies are concluded and the project proceeds, the expectation is that it will generate revenues for the corporations involved and the Government of the Northwest Territories as well.
Certainly we agree with the need to review power rates. We have started planning for a review. There will be other projects that will be identified as we develop the hydro strategy and continue with our electricity review.