West Virginia HB4389 mandates the Public Service Commission to report on the impact of a performance-based rate making system on utilities and.

West Virginia HB4389 requires the Public Service Commission to prepare and submit a report to the Governor and the Joint Committee on Government and Finance. The report must compare and contrast performance-based rate making regulations with West Virginia’s current cost-of-service rate making regulations. It should estimate the effects of a performance-based rate making system on West Virginia regulated utilities and rates charged to ratepayers if enacted and promulgated. The report is due by December 31, 2026.

West Virginia HB4389 mandates the Public Service Commission to report on the impact of a performance-based rate making system on utilities and.

West Virginia HB4389 requires the Public Service Commission to prepare and submit a report to the Governor and the Joint Committee on Government and Finance. The report must compare and contrast performance-based rate making regulations with West Virginia’s current cost-of-service rate making regulations. It should estimate the effects of a performance-based rate making system on West Virginia regulated utilities and rates charged to ratepayers if enacted and promulgated. The report is due by December 31, 2026.