939.18 WATER MAIN REPLACEMENT PROGRAM RIDER.

   (a)   Water Main Replacement Program Rider (WMRPR).

      (1)   Scope. The Utility shall recover through application of the WMRPR all expenditures for operating, capital improvements, investments and related debt service principal and interest payments that are paid or payable to parties other than Utility employees which are associated with the Utility's Water Main Replacement Program that are not included or recovered in base water rate charges. Water Main Replacement Costs shall include Utility debt service payments (including principal and interest payments) associated with the deferral of Water Main Replacement Costs. Water Main Replacement costs will be credited to reflect proceeds received from insurance carriers or other entities for amounts that represent reimbursement of costs associated with Water Main Replacement projects. Water Main Replacement costs shall not include the salaries of Utility employees, or any benefits related thereto.

   The WMRPR will be applied monthly as an additive to base rates as a fixed charged expressed per meter so as to recover anticipated Water Main Replacement costs during the period such expenditures are projected to be incurred by the Utility (Recovery Period).

   The total amount of any over or under recovery of Water Main Replacement costs for preceding collection periods will be included as Water Main Replacement Program Rider and thereby reflected in the WMRPR for the Recovery Period.

      (2)    Calculation. The formula for calculating the WMRPR, expressed as a fixed charge ($ per meter), is:

WMRPR = (WMRC * (MWF * RCM/PTWM))/RCM/12

   Where:

WMRC =    Projected Water Main Replacement Program expenditures in the Collection Period.

MWF =    Meter weighting factor for each meter size in Table 1 below.

RCM =    Projected average number of meters for a given meter size during the Collection Period.

PTWM =    Projected total weighted meters during the Collection Period.

Table 1

Meter Weighting Factors

(MWF)

Meter Size	Meter Weighting Factor	Sharon Park Subdivision Meter Weighting Factor
5/8"	1.0	1.5
3/4"	1.0	1.5
1"	1.3	2.0
1 ½"	2.1	3.1
2"	2.6	3.9
3"	11.0	16.5
4"	14.0	21.0
6"	21.0	31.5
8"	29.0	43.5
10"	37.0	55.5

   (b)   Application.

       (1)   The Utility shall annually review the WMRPR calculation and make projections for the Recovery Period. The Utility shall, when it deems necessary, make adjustments to the WMRPR applied to customers for such period as it deems necessary to accomplish the purposes of this Rider in a timely manner.
(Ord. 2010-12-99. Passed 12-8-10.)