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

73-28-403. Water and electricity charges.
The board, in consultation with the committee, shall establish prices for the developedwater sold to the districts and electricity sufficient to:
(1) recover the reimbursable preconstruction costs, construction costs, and interest onthose 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 thedeveloped water to each district.

Enacted by Chapter 216, 2006 General Session