West Virginia Code
Article 2H. Power of Commission to Order Measures Up to and Including the Acquisition of Distressed and Failing Water and Wastewater Utilities
§24-2H-4. Preparation of List of Potentially Unstable Water and Wastewater Utilities

Annually, the commission shall prepare a list of water and wastewater utilities that appear to be financially unstable by reviewing annual reports, rate case filings and other financial data available to it. Commission staff shall contact each utility placed on the list and provide advice and assistance in resolving any financial instability or managerial or operational issues that are contributing to the utilitys financial instability.

<< Previous
Next >>

Structure West Virginia Code

West Virginia Code

Chapter 24. Public Service Commission

Article 2H. Power of Commission to Order Measures Up to and Including the Acquisition of Distressed and Failing Water and Wastewater Utilities

§24-2H-1. Short Title

§24-2H-2. Legislative Findings

§24-2H-3. Definitions

§24-2H-4. Preparation of List of Potentially Unstable Water and Wastewater Utilities

§24-2H-5. Determination of Whether a Utility Qualifies as a Distressed Utility , Failing Utility , or a Capable Proximate Utility

§24-2H-6. Notice to Distressed or Failing Utility and Formal Proceeding

§24-2H-7. Commission Order for Acquisition of Failing Utility; List of Distressed and Failing Utilities to Legislature

§24-2H-8. Commission Approval of Operating Agreement, Acquisition Price; Rates for Distressed and Failing Utilities; Improvement Plan; Debt Obligations; Cost Recovery

§24-2H-9. Recovery of Costs for Acquisition, Operation, Repairs and Improvements to Distressed or Failing Utility Facilities