summary
Introduced
01/29/2026
01/29/2026
In Committee
02/20/2026
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)
Darren Thorne (R)*,
Vince Deeds (R),
Patrick Martin (R),
Mark Maynard (R),
Rollan Roberts (R),
Christopher Rose (R),
Patricia Rucker (R),
Eric Tarr (R),
Laura Wakim Chapman (R),
Tom Willis (R),
Mike Woelfel (D),
Last Action
On 3rd reading (on 02/24/2026)
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