Non-Use Agreements, or 'water banking' protects any portion of unused water rights from relinquishment.
Washington water law dictates that a water right not beneficially used over a five-year span is subject to either partial or full relinquishment (a water right that is "relinquished" is permanently lost). This "use it or lose it" policy is typical of Western water law and often results in unnecessary wasting of water.
The Partnership's Water Bank Non-Use Agreements protect water rights from relinquishment during times when they are not being put to beneficial use, and water rights holders benefit from the freedom to use their water rationally. Water Banking agreements are also extremely straightforward, flexible, and convenient. Applying for the bank, adjusting amounts, and removing water are very easy and completely under the control of the participant.
Click here for the 2017 Annual Report Form for current water bankers
Please contact Partnership Staff with more information and guidance on banking water with our flexible Non-Use Agreements.