(a) No public utility shall require any deposit of any residential customer which shall exceed one twelfth of the estimated annual charge to the customer for such service: Provided, That the provisions of this section shall not apply to deposits received prior to March 12, 1983.
(b) Public utilities may collect and hold a security deposit in accordance with this statute and the rules established by the commission. No interest shall be payable on security deposits when a deposit is, no later than 30 days following the date of the end of the eighteenth month of service, either (1) applied as a credit to the customers account, or (2) returned or refunded to the customer by some other means.
Structure West Virginia Code
Chapter 24. Public Service Commission
Article 3. Duties and Privileges of Public Utilities Subject to Regulations of Commission
§24-3-1a. Definitions; Telemetry Systems Required
§24-3-2. Discrimination Prohibited
§24-3-4. Free Transportation and Passes; Reduced Rates; Exchange of Services and Privileges
§24-3-5. Schedule of Rates to Be Filed With Commission
§24-3-6. Special License Fee;"public Service Commission fund."
§24-3-9. Easement and Right-of-Way
§24-3-10. Termination of Water Service for Delinquent Sewer Bills