Utah Code § 73-10-28: Charges for use -- Interest.

(1) As used in this section, "board" means the Board of Water Resources created in Section 73-10-1.5.

(2) The board shall establish:

(a) a charge for the use of water, power, or a facility based on:

(i) a contractual agreement approved by the board for a project owned by the state; and

(ii) the ability of an individual project to return the investment to the state; and

(b) an interest rate for the money the board lends to finance a project based on:

(i) market conditions;

(ii) the repayment ability of the project; and

(iii) other factors considered relevant by the board.