As we move forward on renewables like solar, that we have in place, after some considerable debate over the years, a Net Metering Program which encourages and doesn’t penalize folks for putting in solar in their own buildings. We have removed the cap, we have removed the standby charges. As we look at the charrette, we are going to be asking people for further ways that we can encourage people to look at generating distributed energy that they can generate and that we will buy back through a net metering process. There are those kinds of opportunities that currently exist and are going to continue to exist.
As we gather all these very, very interested and dedicated people around the tables here over the next few days, I’m sure we’re going to find out other things that people recommend that we can do. For example, should we, as a territory, as a government, should we subsidize the wholesale change out of every light bulb in the Northwest Territories to be an LED light within the year? Should we do those types of things?
What other things, in terms of conservation, should we do? We have beefed up our energy standards requirements, both in our own construction and what we encourage people to do when they build in the Northwest Territories. We’re working with industry to set up our first only pellet plant in the Northwest Territories. We spent years building the market, now we are building the industry. That’s going to give us a northern energy source that we believe will be cheaper and we know will save us 30 to 40 percent over the cost of diesel.
So, we are doing an enormous number of things and we are going to continue to do that. We are going to publically say, again, that we are prepared to invest tens upon tens of millions of dollars to help make this transition away from diesel into the more sustainable renewable. Thank you.