Thank you, Mr. Chair. So, Mr. Chair -- and it is -- it's ratepayers. I often get it wrong, but -- so the ratepayers who often are the same taxpayers -- and I mentioned this yesterday in saying that you are taking tax dollars then essentially turning it back over so that people are keeping their costs lower.

The $12 million that we are proposing will be -- would go towards the cost of power. Now, the final amount that it's going to be depends upon what the public utilities board decides to do. They're the ones that actually set the rates, and the requirement for a GRA was issued somewhat earlier than what the Northwest Territories Power Corporation was anticipating. So that process had to happen fairly quickly. We -- they went in -- NTPC went in proposing a rate increase to energy costs at 24.8 percent. Energy costs are only one part of your utilities bill. There's a fixed cost portion as well. So it's not the entirety of the utility bill that would be proposed to go up, only the portion that is the energy portion. The 24.8 percent, also there is a reduction there because there was already a rate increase back in July. That would come off of that proposal and -- but this -- with another $12 million brings down -- brings from 24.8 down to 15 but, again, it actually comes down a little further when we consider that there was a 7 percent rate increase already in July.

That's a very long answer. But, yes, it does bring it down several percentages, percentage points from that 24.8. Again, I can't give a final number in terms of the dollar because I won't necessarily know until the PUB comes out with their decision. Thank you.