Sections of it are developed but it's not at announcement stage yet.

We can replace it with an overhead system, an underground one or a hybrid. They've been given the costs and it's really up to them to make the choice.

Do we have the perfect price design standing here today? Probably not. Let's build in some carrots as well as some sticks that would send stronger signals about conservation. You might see those changes start to come in in 2007.

We're trying to work to have the milestones covered. When we have the approval process in place, we will be in a position to engage developers,

It's very normal in a project of this scale to have questions raised,

Safety is the biggest issue we have, ... Power is out in the downtown area, it's pitch dark, and we have downed power lines everywhere.