This bill amends the Code of West Virginia to establish a new timeline for electric utility rate or fee increases. Specifically, it stipulates that any increase not in effect by November 20 of any given year cannot take effect until April 1 of the following year. This change aims to provide consumers with more predictability regarding rate changes and to ensure that any proposed increases are communicated well in advance.

The bill also includes several insertions and deletions to clarify the powers of the Public Service Commission regarding rate changes. Notably, it inserts language that explicitly prohibits the enforcement of any electric utility rate or fee increase that is not in effect by the specified date, reinforcing the new timeline. Additionally, it modifies existing provisions related to the commission's authority over rate changes, ensuring that the process remains transparent and fair for consumers.

Statutes affected:
Introduced Version: 24-2-3, 24-2-4