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WV SB669

WV SB669
Relating to general powers of PSC


summary

Introduced
01/29/2026
In Committee
02/20/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

A BILL to amend and reenact §24-2-3 of the Code of West Virginia, 1931, as amended, relating to the general powers of the Public Service Commission; and clarifying when the Public Service Commission can approve utility rate increases.

AI Summary

This bill amends West Virginia law to clarify when the Public Service Commission (PSC), the state agency responsible for regulating utility rates and services, can approve increases in utility rates for retail customers. Specifically, the PSC can no longer approve any new rates, charges, or other cost recovery mechanisms unless it can prove, with strong evidence, that the costs passed on to West Virginia consumers are equal to or less than the benefits those consumers will receive. If the PSC does approve such an increase, it must publicly publish a written explanation that quantitatively details its findings and the reasons for its decision.

Committee Categories

Business and Industry, Justice

Sponsors (11)

Last Action

On 3rd reading (on 02/24/2026)

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