Current through 2024-51, December 18, 2024
Section 407-675-2 - DEFINITIONSThe following terms have the following meanings:
A.Capital Reserve Accounts. "Capital reserve accounts" means revenue collected and maintained in a fund to pay for future replacement and repair of qualifying infrastructure projects.B.Consumer -Owned Water Utility. "Consumer-owned water utility" has the same meaning here as in 35-A M.R.S.§6101C.Infrastructure. "Infrastructure" means the stationary physical plant assets needed to operate a water system. This definition includes, but is not limited to, water mains, storage tanks, and pumping facilities.D.Temporary Surcharge for Infrastructure Replacement or Repair. "Temporary Surcharge for Infrastructure Replacement or Repair" means a temporary surcharge to allow recovery of the costs of completed replacement or repairs of water system infrastructure. E.Water Utility. "Water Utility" has the same meaning here as in 35-A M.R.S. §102(22). For the purpose of this rule, the following terms have the following meanings: 1. "Large water utility" means a water utility with total annual revenues of at least $750,000 during the most recent fiscal year.2. "Medium water utility" means a water utility with total annual revenues of less than $750,000 and at least $250,000 during the most recent fiscal year; and 3. "Small water utility" means a water utility with total annual revenues of less than $250,000 during the most recent fiscal year. 65- 407 C.M.R. ch. 675, § 2