HB 4379
To enable the Public Service Commission to authorize accelerated rate recovery for advanced transmission technology projects
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill changes how West Virginia’s Public Service Commission (PSC) can handle costs associated with upgrading the state’s electrical grid. Specifically, it allows utilities to recover costs for implementing ‘advanced transmission technology,’ such as new conductors or software that improves grid efficiency, more quickly through rate adjustments. This is intended to encourage investment in transmission infrastructure to better distribute power to areas outside the utility’s current service area.
Key provisions
- Defines ‘advanced transmission technology’ as various technologies aimed at improving grid capacity, efficiency, and reliability.
- Allows electric utilities to seek accelerated rate recovery for transmission facilities.
- Permits recovery of costs for advanced transmission technology projects.
- Requires the PSC to consider the impact of these investments on existing investment equalization agreements.
- Specifies that projects must be technically feasible, economically reasonable, and prudent.
Who is affected
- Electric Utilities
- West Virginia Consumers
- The Public Service Commission of West Virginia
- Generating Facilities
- Areas outside utility service territories
Notable changes
- Expands the PSC’s authority to authorize accelerated rate recovery.
- Introduces a specific focus on ‘advanced transmission technology’ projects.
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yours