HB 3276
Provide mechanism for rate increases for water and sewer utilities
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- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill aims to establish a clear process for water and sewer utilities in West Virginia to request and receive rate increases. It directs the Public Service Commission to define a relevant time period and procedure for these increases, ensuring they are fair and based on the costs of providing services. The bill also mandates the commission to conduct studies and report findings to the legislature and governor regarding utility management and trends, particularly concerning natural gas supply and pricing. Finally, it establishes a mechanism for annual rate adjustments based on the Bureau of Labor Statistics Water and Sewerage Maintenance Index.
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