House 4389

WEST VIRGINIA LEGISLATURE

2026 REGULAR SESSION

Introduced

House Bill 4389

By Delegate Riley

[Introduced January 15, 2026; referred to the Committee on Energy and Public Works]

A BILL to amend the Code of West Virginia, 1931, as amended, by adding a new section, designated §24-1-1e, relating to requiring the Public Service Commission to prepare and submit a report to the Governor and the Joint Committee on Government and Finance including the effects of a performance-based rate making system on West Virginia regulated utilities and rates charged to ratepayers.

Be it enacted by the Legislature of West Virginia:

ARTICLE 1. GENERAL PROVISIONS.

§24-1-1e. Reports to be made to the Governor and Legislature

The Public Service Commission, after thorough investigation, shall prepare and submit a report comparing and contrasting performance-based rate making regulations and West Virginia’s current cost-of-service rate making regulations to the Governor and to the Joint Committee on Government and Finance, on or before December 31, 2026. This report shall include an estimation of the effects of a performance-based rate making system on West Virginia regulated utilities and rates charged to ratepayers if enacted and promulgated.

NOTE: The purpose of this bill is to require the Public Service Commission to prepare and submit a report to the Governor and the Joint Committee on Government and Finance relating to the effects of a performance-based rate making system on West Virginia regulated utilities and rates charged to ratepayers.

Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.