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WV HB4894

WV HB4894
Relating to utility affordability and economic competitiveness


summary

Introduced
01/28/2026
In Committee
01/28/2026
Crossed Over
Passed
Dead
03/14/2026

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to restore utility affordability and reliability.

AI Summary

This bill, titled the "West Virginia Utility Affordability and Economic Competitiveness Act," aims to make utility services more affordable and reliable for West Virginia residents and businesses. It acknowledges that current utility costs are among the highest in the nation, negatively impacting household finances, business competitiveness, and overall economic growth. The bill defines "affordable" and "reliable" utilities comprehensively, considering all associated costs, impacts on disposable income, and comparisons with neighboring states. It establishes specific goals for reducing electricity and water costs by 2030 and mandates a three-year moratorium on utility rate increases, with limited exceptions. The Department of Commerce is tasked with coordinating statewide efforts, and utility affordability is declared a core budgetary priority. The bill also outlines a phased approach for assessing needs, implementing reforms, and reporting progress, while setting standards for affordable, reliable, and clean energy, and prohibiting the use of materials from foreign adversary nations in energy infrastructure.

Committee Categories

Transportation and Infrastructure

Sponsors (6)

Last Action

Motion to table the motion to discharge adopted (on 03/02/2026)

bill text


bill summary

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