Washington Code 80.28.022 – Water company rates — Reserve account
Current as of: 2023 | Check for updates
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In determining the rates to be charged by each water company subject to its jurisdiction, the commission may provide for the funding of a reserve account exclusively for the purpose of making capital improvements approved by the department of health as a part of a long-range plan, or required by the department to assure compliance with federal or state drinking water regulations, or to perform construction or maintenance required by the department of ecology to secure safety to life and property under RCW 43.21A.064(2). Expenditures from the fund shall be subject to prior approval by the commission, and shall be treated for rate-making purposes as customer contributions.
NOTES:
Legislative findings—Severability—1990 c 132: See note following RCW 43.20.240.
Terms Used In Washington Code 80.28.022
- Commission: means the utilities and transportation commission. See Washington Code 80.04.010
- Department: means the department of health. See Washington Code 80.04.010
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Water company: includes every corporation, company, association, joint stock association, partnership and person, their lessees, trustees or receivers appointed by any court whatsoever, and every city or town owning, controlling, operating, or managing any water system for hire within this state. See Washington Code 80.04.010