2025 Regular Session
SB 882
Relating to utilities
In Committee
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Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill modifies West Virginia’s regulations regarding utility rate increases. It establishes a rule that any electric utility rate or fee increase not in effect by November 20 of a year cannot take effect until April 1 of the following year. The bill aims to provide a longer period for review and potential adjustments to utility rates before they are implemented.
Key provisions
- Electric utility rate increases must be in effect by November 20 of a year.
- Rate increases cannot take effect earlier than April 1 of the subsequent year.
- The Public Service Commission retains authority to regulate utility rates.
- The commission must provide 30 days’ notice and a plain statement of proposed changes before enacting rate increases.
- The commission can suspend rate increases for up to 120 days during a hearing.
- Utilities must post new schedules reflecting rate changes.
- The burden of proof for demonstrating the just and reasonable nature of rate increases lies with the utility.
- The commission must render a decision on rate cases within three months.
Who is affected
- Electric Utility Customers
- West Virginia Residents
- The Public Service Commission
- Electric Utilities in West Virginia
Notable changes
- Establishes a specific timeframe (April 1st) for rate increases to take effect following a year's delay.
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