Monetary Charges for the Beneficial Use of Water

Obtained by Private Water Well Operators. Rates shall be established for water obtained by private water well operators as follows:

(a)The Guam Waterworks Authority

(GWA)shall establish separate classes of monetary charges for water, potable and non-potable water (brackish water for irrigation use), drawn by private water well operators.

(b)Said rates shall reflect the cost of activities required to be performed by GWA and the Guam Environmental Protection Agency with respect to such private water well operators as required by law, plus a monetary charge to COL6/24/2021 CH. 12 PUBLIC UTILITIES COMMISSION AND THE GUAM TELECOMMUNICATIONS ACT OF 2004 compensate the people of Guam for the extraction of water, a public resource.

(c)In arriving at an appropriate rate for water withdrawn by private water well operators, GWA shall take into account the average capital investment and recurring operational costs to the operators of such private water wells.

(d)GWA shall, within sixty

(60)days of enactment of this section, submit to the Legislature the schedule of monetary charges made pursuant thereto.

(1)The Legislature shall, within seven

(7)legislative days of receipt, act upon such proposed schedule of monetary charges.

(2)In the event no action is taken within such seven

(7)legislative days, the schedule of monetary charges as proposed by GWA shall go into effect.

(3)In the event rate setting authority for service rates of GWA is placed under the Public Utilities Commission (the ACommission@), GWA shall submit the proposed schedule of monetary charges to the Commission for review and disposition, and such schedule of monetary charges shall become effective upon its approval by the Commission.