Mr. Speaker, the Northwest Territories Power Corporation, or NTPC, continues to adapt and manage its resources to meet the needs of the ever-changing environment of power generation in the North.
Thank you to everyone for attending today’s press conference.
The high cost of energy continues to be one of the most significant challenges faced by the people of the Northwest Territories and our government. Our government is committed to addressing that cost where and how it can, including taking steps to ensure residents are shielded from increases due to factors outside our control, like weather conditions. Around the world, governments are dealing with costs brought on by climate change, and our territory is not alone in facing situations like this.
YELLOWKNIFE (September 2, 2015) –The Government of the Northwest Territories will provide the Northwest Territories Power Corporation (NTPC) with up to $29.7 million to prevent an increase to power rates for all NWT residents. The funding was required because of continued low water levels affecting the Snare and Bluefish hydro systems.
Yellowknife (May 26, 2015) – The Government of the Northwest Territories (GNWT) supports the Northwest Territories Power Corporation’s (NTPC) decision to submit a proposal in the upcoming competitive process for the Hay River electrical utility franchise.