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Bill > HB5574


WV HB5574

WV HB5574
Relating to the public service commission.


summary

Introduced
02/16/2026
In Committee
02/16/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to enhance transparency and accountability of the Public Service Commission, and to shift the duties of the commission towards a greater focus of assuring affordable utility rates; and to assure that it is held to the highest ethical standard in its decision-making process, including assuring impartiality by applying the State Code of Judicial Ethics to the Commission. The bill redefines what is deemed in the public interest by providing greater weight be given to affordability of electrical utility rates; requiring commissioners annual financial statements be published on the internet and to post bond upon appointment; and deleting and repealing outdated code provisions.

AI Summary

This bill aims to increase transparency and accountability for the Public Service Commission (PSC), a state agency that regulates utility companies, by shifting its focus towards ensuring affordable utility rates and upholding ethical standards in its decision-making. Key provisions include redefining what is considered in the "public interest" to give greater weight to the affordability of electricity rates, requiring commissioners to publish their annual financial statements online, and mandating that commissioners post a bond upon appointment to ensure their faithful performance of duties. The bill also extends the application of the State Code of Judicial Ethics to the PSC commissioners to ensure impartiality and includes language about considering various energy sources for electricity generation and modernizing the electric grid. Additionally, it repeals outdated provisions related to the PSC's reorganization and clarifies that meetings where decisions are made are exempt from certain open meeting requirements.

Committee Categories

Transportation and Infrastructure

Sponsors (9)

Last Action

To House Energy and Public Works (on 02/16/2026)

bill text


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