SB 733
Establishing Energy Freedom and Fairness Act
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- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
The Energy Freedom and Fairness Act aims to increase competition in the West Virginia electric market for large non-residential customers. It allows these customers to purchase electricity directly from competitive providers instead of relying solely on their local utility. The bill establishes a process for managing capacity allowances, ensuring utility rate transparency, and requiring licensing for competitive service providers, while also outlining commission oversight to protect ratepayers.
Key provisions
- Allows non-residential customers exceeding one megawatt demand to purchase electricity from competitive providers.
- Establishes a load capacity allowance for electric utilities to manage the impact of increased competition.
- Creates a subscription queue for customers seeking to participate in the competitive market.
- Requires electric utilities to provide transparent rate information to customers.
- Mandates licensing for competitive service providers.
- Prohibits utilities from shifting costs to ratepayers who don't participate in the competitive market.
- Authorizes the Public Service Commission to establish rules and oversee the implementation of the act.
- Requires annual reporting to the Governor and the Joint Committee on Government and Finance.
Who is affected
- Non-residential retail customers (businesses, large industrial facilities)
- Electric utilities
- Competitive service providers
- The Public Service Commission of West Virginia
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