Bill

Bill > HB3276


WV HB3276

Provide mechanism for rate increases for water and sewer utilities


summary

Introduced
03/10/2025
In Committee
04/01/2025
Crossed Over
03/31/2025
Passed
Dead
04/12/2025

Introduced Session

2025 Regular Session

Bill Summary

A BILL to amend the Code of West Virginia, 1931, as amended by adding thereto a new section designated as §24-2-4i, relating to setting a process for rate increases for water and sewerage utilities.

AI Summary

This bill establishes a mechanism for publicly owned water and sewer utilities in West Virginia to implement annual rate increases based on the United States Department of Labor Statistics Urban Consumer Water and Sewerage Maintenance Index. Starting July 1, 2025, these utilities can raise rates once per year without requiring extensive approval processes, provided the rate increase is equal to or less than the percentage increase in the specified index. The bill distinguishes between different types of utilities based on their size: smaller utilities (fewer than 4,500 customers with annual revenues under $3 million) can implement up to four indexed rate increases before requiring a full rate review, while larger utilities have similar but slightly more restricted provisions. The rate increases must be filed with the appropriate commission, include proper notice, and be considered just and reasonable. For smaller utilities, the commission can challenge the rate increase if it determines the proposed increase exceeds the index, while larger utilities' rate increases can be reviewed upon request by county commissions or city councils. The legislation aims to provide a streamlined, inflation-based approach to utility rate adjustments, making it easier for water and sewer utilities to maintain financial sustainability while providing a degree of predictability for ratepayers.

Committee Categories

Agriculture and Natural Resources, Transportation and Infrastructure

Sponsors (4)

Last Action

To Energy, Industry, and Mining (on 04/01/2025)

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