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

Latest version.

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.

Enacted by Chapter 216, 2006 General Session

                    
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