65-407 C.M.R. ch. 675, § 5 - AUTHORIZED USES

A. Temporary Surcharge for Infrastructure Replacement or Repair

1. A Temporary Surcharge for Infrastructure Replacement or Repair may be implemented pursuant to this rule to recover the costs of construction of completed projects that are identified in the utility's System Infrastructure Assessment and are necessary to the transmission, distribution, and treatment of water. For the purposes of this chapter, a project is considered completed when it is being used to provide service to the water utility's customers. No project shall be included in the calculation of the surcharge if the project was completed on or before the enactment of the legislation authorizing the surcharge or August 30, 2012.

2. Increased operating costs resulting from an infrastructure replacement or repair project may not be recovered through the imposition of a Temporary Surcharge for Infrastructure Replacement or Repair.

B. Capital Reserve Accounts

1. Revenue to fund a capital reserve account shall be included in a water utility's revenue requirement and recovered through rates set during a rate proceeding pursuant to 35-A M.R.S.§§307, 6104 or 6104-A.

2. Funds held in a capital reserve account shall be used to pay for the costs of construction associated with the projects identified in the utility's System Infrastructure Assessment and are necessary to the transmission, distribution, and treatment of water.

Notes

65-407 C.M.R. ch. 675, § 5