Utah Code 73-28-203. Development of hydroelectric generating works — Electricity offered to public utilities or municipalities
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(1) The board may construct and own hydroelectric generating works and incidental electrical facilities in association with the project.
Terms Used In Utah Code 73-28-203
- Board: means the Board of Water Resources. See Utah Code 73-28-103
- Committee: means the Project Management Committee created in Section
73-28-105 . See Utah Code 73-28-103 - Construction costs: means all costs related to the construction of the project, including the environmental mitigation costs. See Utah Code 73-28-103
- Project: means the Lake Powell Pipeline project and associated facilities, including:(9)(a)(i) facilities associated with environmental mitigation;(9)(a)(ii) hydroelectric generating works and incidental electrical facilities;(9)(a)(iii) pipelines; and(9)(a)(iv) pumping stations. See Utah Code 73-28-103(2)(2)(a) Except for electricity needed for project operations, the board shall first offer to sell electricity derived from any hydroelectric generating works owned by it to public utilities or municipalities providing electricity to consumers in Utah.(2)(b) The board, in consultation with the committee and in accordance with Section
73-28-403 , shall establish the prices at which the electricity is sold.(3) In accordance with Section51-4-1 , the board shall deposit:(3)(a) revenues received from the sale of electricity designated for the repayment of preconstruction and construction costs and interest into the Water Resources Conservation and Development Fund;(3)(b) revenues received from the sale of electricity designated for project operation, maintenance, repair, and replacement costs into the Lake Powell Pipeline Project Operation and Maintenance Fund; and(3)(c) any additional revenues received from the sale of electricity into the Water Resources Conservation and Development Fund.