Thank you, Madam Chair. The hydrological prediction and looking into the future is not an exact science. It’s tied to many variables that you don’t know from year to year. What we do know is that over the years the snowpack has diminished, the glaciers are melting, the rainfall patterns are changing and we’re now into year four of a drought. Around the world what used to be reliable weather patterns have now disappeared, so we are anticipating this is the second year, which is why we’re doing things like putting out the expression on solar and wind and we’re working to invest to get off of fuel. Here, the prediction on the water, I am anticipating we’re still going to be on low water next year unless we get what they say is going to be a warm winter with lots of snow. But at this point that’s a prediction and we don’t know if it’s going to come to pass.
We have a Fuel Stabilization Fund that’s set up to level out the impacts of these types of occurrences across the whole territory so that no one area has to pick up the tab if something goes wrong in their particular region. The Fuel Stabilization Fund doesn’t have the resources, so the options are fairly simple: we either just keep raising rates or we, as a government, step in to try to make sure that we don’t drive up those rates to make it unaffordable to live here. Thank you.