The proposed bill aims to amend the Code of West Virginia by adding a new section, 24-3-3b, which mandates that all utility companies in the state are responsible for the costs associated with the maintenance, upgrades, and repairs of their infrastructure. Specifically, the bill stipulates that these companies must keep their infrastructure in serviceable condition and absorb any related expenses without transferring these costs to consumers.
Additionally, the bill requires utility companies to maintain records that demonstrate these costs are not included in any justifications for rate increases or other financial burdens on customers. This legislation is designed to protect consumers from unexpected charges related to infrastructure maintenance and ensure that utility providers bear the financial responsibility for their operational upkeep.
Statutes affected: Introduced Version: 24-3-3b