A great question. I think there's a whole variety of factors that play into that. I can't talk to all the jurisdictions, but in the British Columbia perspective, our fuel costs for our generation are next to nothing. It's rain falling from the sky, whereas other jurisdictions that are fossil fuel generated still have a significant fuel cost.
In addition, British Columbia, as Mr. Metcalfe mentioned, benefits greatly from our ability to trade there. There's a significant benefit to the taxpayer and the ratepayer by allowing us to leverage California's need for power and to arbitrage that power, and that directly comes into our rate structure.
That's definitely a major player and why we have such reduced residential electricity prices. I think that shows across provinces. New York has significant ones. They just don't have the ability to get enough power in there fast enough. So that comes with a huge cost. You have a transmission cost that comes with transmitting this power. It depends on where the load is and where the resource is and then what that resource is.