We weren’t secretly supporting anything. The rates are there. There is a rate rebalancing process underway. It has been set at a 1 percent increase for this year and 3 percent for subsequent years as we move towards rebalancing. Rebalancing a rate structure that we inherited going back to federal times that is well superseded, in many cases, by the requirement for NTPC and the government to put money into things to protect the rates for all power users in the Northwest Territories, regardless of who provides or who distributes the power. I would refer specifically to things like the $37 million or so that we put towards cushioning rates over the last four years so that people across the Northwest Territories wouldn’t be unduly impacted, or the $20 million low water fee that protected all electrical users across the Northwest Territories. Thank you.
Michael Miltenberger on Question 852-17(5): Electricity Rate Structure
In the Legislative Assembly on June 1st, 2015. See this statement in context.
Question 852-17(5): Electricity Rate Structure
Oral Questions
May 31st, 2015
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