SB 423
Creating Public Electrical Savings Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill, the Public Electrical Savings Act, aims to regulate power purchase agreements (PPAs) involving public entities in West Virginia. It establishes parameters for PPAs, including caps on on-site solar generation, requirements for PPA contracts, and guarantees of lower costs compared to traditional utility rates. The bill also modifies the Public Service Commission’s jurisdiction over certain public entities and addresses the regulation of electric generating facilities, particularly those designated as exempt wholesale generators, and clarifies the commission’s role regarding internet protocol-enabled services and municipal power systems.
Key provisions
- Establishes caps on on-site solar photovoltaic generation based on customer type.
- Requires PPAs to include specific contract terms, such as font size and aggregate limits.
- Mandates public entities to guarantee lower costs than traditional utilities in PPAs.
- Limits the duration of PPAs for public entities to five years with potential renewal.
- Requires utility inspection of meters in PPA agreements.
- Modifies the Public Service Commission’s jurisdiction over exempt wholesale generators.
- Exempts certain internet protocol-enabled services from commission oversight.
- Clarifies that municipal power systems are regulated by local governing bodies, not the Public Service Commission.
Who is affected
- Public entities in West Virginia
- Electric utilities
- Solar energy developers
- Retail electric customers
- Natural gas producers
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