17B-2a-1401. Definitions.
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Effective 5/6/2026
17B-2a-1401. Definitions.
(1)"Board" means the board of trustees of the Utah Energy Infrastructure Service District.
(2)"Commission" means the State Finance Review Commission created in Section 63C-25-201 .
(3)"Council" means the Utah Energy Council created under Section 79-6-1101 .
(4)"District" means the Utah Energy Infrastructure Service District created under Section 17B-2a-1403 .
(5)"Electrical Energy Development Investment Fund" means the fund created under Section 79-6-1105 .
(6)"Electrical energy development zone" means the same as that term is defined in Section 79-6-102 .
(7)"Energy infrastructure facility" means any real or personal property, including land, structures, equipment, water rights, transmission lines, generation assets, storage facilities, and associated improvements, used or useful for the generation, transmission, storage, or delivery of energy, including electricity and natural gas.
(8)"Enterprise fund" means the Energy Infrastructure Enterprise Fund created under Section 17B-2a-1408 .
(9)"Operating contract" means a contract between the district and an operator for the management, operation, and maintenance of an energy infrastructure facility owned by the district.
(10)"Operator" means an entity that enters into an operating contract with the district.
(11)"Power purchase agreement" means a contract for the sale of electricity or other energy produced by or transmitted through an energy infrastructure facility controlled or owned by the district.
(12)"Project entity" means the same as that term is defined in Section 11-13-103 .
(13)"Project entity asset" means the same as that term is defined in Section 11-13-318 .
(14)"Retired project entity asset" means a project entity asset that has been removed from active service before May 6, 2026, by a project entity that the project entity has no intent to return to service.
(15)"Retired project entity asset area" means the land upon which a retired project entity asset is located, together with adjacent land necessary for the operation of that asset.
(16)"Service area" means a geographic area designated by the board under Section 17B-2a-1405 within which the district owns or proposes to facilitate the acquisition or construction of an energy infrastructure facility.
Enacted by Chapter 474 , 2026 General Session