New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 11 - NEW JERSEY WATER SUPPLY AUTHORITY
Subchapter 4 - SCHEDULE OF RATES, CHARGES AND DEBT SERVICE ASSESSMENTS FOR THE SALE OF WATER FROM THE MANASQUAN RESERVOIR WATER SUPPLY SYSTEM
Section 7:11-4.11 - Annual overdraft service
Universal Citation: NJ Admin Code 7:11-4.11
Current through Register Vol. 56, No. 18, September 16, 2024
A purchaser shall pay an annual overdraft service rate equivalent to purchaser's average daily diversion for any calendar year in excess of a purchaser's daily uninterruptible service multiplied by the operations and maintenance expense rate component (7:11-4.3 ), the initial water purchase debt rate component (7:11-4.4(b) ) , the source water protection fund rate component (7:11-4.5 ), and the New Jersey Environmental Infrastructure Financing debt component (7:11-4.6 ), times 115 percent.
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