Why Are We Paying Higher Utility Rates in W.Va.?
All sorts of things can trigger a rate increase request from a utility and approval of increased rates by the Public Service Commission of West Virginia. The primary factors driving utility rate filings are the cost of operations and the cost to provide utility service. Key elements include maintenance of the utility’s lines, such as the transmission and distribution wires used by electric utilities and the pipelines used by gas, water, and sewer utilities. The costs to produce or purchase what they sell are major components of their revenue requirements. Utilities also are required to ...