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2024 West Virginia Code
Chapter 24. Public Service Commission
Article 3. Duties and Privileges of Public Utilities Subject to Regulations of Commission
§24-3-8. Deposits; Interest
Universal Citation:
WV Code § 24-3-8 (2024)
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(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.
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