SB 211
Relating to authority of PSC
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Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill aims to limit the Public Service Commission’s (PSC) authority over electric utilities in West Virginia. Specifically, it requires the PSC to forward rate adjustment recommendations to the Legislature and mandates that any rate adjustments for electric utilities must be approved by a specific bill passed by the Legislature. The bill also directs the PSC to reorganize internally, creating divisions focused on customer advocacy and motor carrier oversight, and to regularly report on emerging utility management concepts and trends.
Key provisions
- Requires PSC rate adjustment recommendations to be forwarded to the Legislature for approval.
- Mandates specific legislative approval for electric utility rate adjustments.
- Directs the PSC to reorganize internally, creating divisions for customer advocacy and motor carrier oversight.
- Requires the PSC to study and report on emerging utility management concepts and trends.
- Limits the PSC’s jurisdiction over water and sewer utilities that meet certain criteria.
- Establishes a working capital reserve requirement for water and sewer utilities.
- Limits the PSC’s jurisdiction over electric utilities to rate adjustment hearings and recommendations.
- Directs the PSC to cooperate with the Joint Committee on Government and Finance in reviewing administrative operations.
Who is affected
- Public Service Commission (PSC)
- Electric Utilities
- Legislature
- Ratepayers
- Water and Sewer Utilities
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