HB 3421
To secure West Virginia baseload coal generation and ratepayer protection
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Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, titled the ‘Securing West Virginia Baseload Coal Generation and Ratepayer Protection Act,’ aims to maintain coal-fired power generation in West Virginia. It mandates that electric utility generators operate at an optimum capacity factor of 69% until 2040, requires utilities to maintain a 45-day supply of base fuel at their plants, and directs the Public Service Commission to oversee these operations and ensure equitable economic dispatch of coal-fired power plants. The bill also requires utilities to provide detailed plant upgrade plans and evaluate existing coal generation for potential acquisition or power purchase agreements.
Key provisions
- Requires electric utility generators to operate at an optimum capacity factor of 69% until 2040.
- Mandates the maintenance of a 45-day base fuel supply at each generating unit.
- Directs the Public Service Commission to oversee utility operations and economic dispatch.
- Requires utilities to submit supplemental information to Integrated Resource Plans regarding plant upgrades and maintenance.
- Requires utilities to evaluate existing coal generation for acquisition or power purchase agreements.
- Prohibits the use of securitization funds to cease operations of existing coal plants.
- Prohibits decommissioning of coal plants without Public Service Commission approval.
- Directs the Public Service Commission to evaluate capacity auctions and coordinate participation of West Virginia generators.
Who is affected
- Electric Utilities
- West Virginia Residents
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