Thank you, Mr. Chair. Mr. Chair, I'm certainly happy to speak, again, a little bit to some of the circumstances that led to the proposal to have a $12 million over four years, so 48 over four years rather, 12 a year, and hopefully that can alleviate some of the concern or confusion.
What was in my mind, and I just couldn't find my notes from last week because, really, they were relating to my knowledge of this from being NTPC Minister, one of the reasons for selecting this option of doing the $12 million over four, it -- well, for one, it was the lowest rate impact that we were looking to achieve at a reasonable impact to the GNWT, and we were comparing it against an opportunity or an option to put the $48 million, just slightly over $48 million, on the Taltson overhaul as that might align with some of the costs that we were seeing there.
That option, though, because of the user pay model in the space wouldn't result in different communities in different regions having different rate impacts from the GRA. By putting a rate subsidy directly allows NTPC to propose an impact that would be equal and even on the rates across the territories and actually result in a better outcome than what an infrastructure contribution would be, so. And, yes, I'm sorry I didn't have that information on Friday. I'm happy to relay that and happy to answer any further questions if there are any. Thank you.