Relating to certified industrial business expansion development programs

HB 2040 modifies West Virginia's Certified Industrial Business Expansion Development Program by removing a requirement that electricity provided to businesses in designated industrial districts must be generated from renewable sources. This change directly affects new or expanded industrial facilities locating within certified high-impact business development districts, which are limited to two per state and must cover no more than 2,250 acres. The key provision allows these businesses to use electricity generated from non-renewable sources within the district without facing certain utility regulations, such as Public Service Commission oversight on rates or net metering rules. The bill does not create new districts but alters the operational flexibility for electricity service within existing or future certified zones.