Utah § 73-28-403 Water and electricity charges.

Utah Statutes

§ 73-28-403 — Water and electricity charges.

Utah·Title 73 Water and Irrigation·Ch. 73-28 Lake Powell Pipeline Development Act·Part 73-28-4 Financing and Cost Recovery

The board, in consultation with the committee, shall establish prices for the developed water sold to the districts and electricity sufficient to:

(1)recover the reimbursable preconstruction costs, construction costs, and interest on those costs within the time period specified in Section 73-28-402;

(2)pay for operation and maintenance costs;

(3)accumulate an adequate reserve for repair and replacement; and

(4)allocate the proportionate cost of the project facilities required to deliver the developed water to each district.

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The board, in consultation with the committee, shall establish prices for the developed water sold to the districts and electricity sufficient to:
(1) recover the reimbursable preconstruction costs, construction costs, and interest on those costs within the time period specified in Section 73-28-402;
(2) pay for operation and maintenance costs;
(3) accumulate an adequate reserve for repair and replacement; and
(4) allocate the proportionate cost of the project facilities required to deliver the developed water to each district.

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