2026 Regular Session
HB 4385
Cap a utility provider’s rates increases at no more than 5% per year
In Committee
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Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill would limit the amount by which utility companies in West Virginia can raise their rates each year. It establishes a maximum annual rate increase of 5%. This aims to protect consumers from excessive utility costs. The bill takes effect on July 1, 2026.
Key provisions
- Establishes a 5% annual cap on rate increases for public utilities.
- Applies to all proposed rate increases by public utility companies.
- The cap takes effect on July 1, 2026.
- The bill amends the West Virginia Code.
Who is affected
- Utility customers in West Virginia
- Public utility companies in West Virginia
- The Public Service Commission of West Virginia
Notable changes
- Currently, utility rate increases are determined by the Public Service Commission without a specific annual limit.
- This bill introduces a statutory cap on rate increases.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Burkhammer
HouseWVRepublican
Cosponsor
Pinson
HouseWVRepublican
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