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SB 931 establishes the "West Virginia Utility Affordability and Economic Competitiveness Act" to address high utility costs by imposing a moratorium on rate increases for electricity and water utilities. The bill defines "affordability" as the lowest total cost of electricity (including all rates, fees, and charges) that minimizes financial burden on households and businesses while considering competitiveness with neighboring states. It sets reliability standards requiring electricity sources to maintain 80% performance without intermittent availability (excluding peaker plants) and mandates comprehensive cost evaluations factoring in environmental impacts and supply chain risks. These provisions aim to restore affordability and reliability for West Virginia residents and businesses, which the legislature states are foundational to economic development.
HB 5152 prohibits public utilities from disconnecting residential electricity, gas, or water services during a state of emergency declared by the governor. It requires utilities to offer residential customers a payment plan to cover overdue bills without late fees or penalties, and to restore service within 48 hours for those disconnected during the emergency. The bill also bans disconnections for 180 days after the emergency ends for customers facing financial hardship due to the emergency. Utilities must notify customers about these protections and make reasonable efforts to contact affected households to provide payment plan options.
HB 4026 requires West Virginia electric utilities to include detailed analyses of advanced transmission technologies in their integrated resource plans filed with the Public Service Commission. This affects all utilities operating in the state that submit these plans, including major providers like American Electric Power and Dominion Energy. The bill mandates comprehensive assessments of technologies such as advanced conductors, dynamic line rating, and power flow controls, covering their economic feasibility, technical viability, potential benefits, and deployment schedules. These analyses must address how such technologies improve grid efficiency, reliability, and safety for customers. The requirement applies to all new or updated resource plans filed after July 1, 2026.
HB 4379 allows West Virginia's Public Service Commission (PSC) to approve faster cost recovery for electric utilities building or upgrading specific advanced transmission technologies. It directly affects utilities investing in projects that improve grid capacity, efficiency, reliability, or safety - such as advanced conductors, dynamic line rating, or power flow controls - by enabling them to recover costs through customer rates more quickly than usual. The bill requires the PSC to approve such projects only if they are technically feasible, economically reasonable, and prudent, while also considering impacts on existing investment agreements. This change aims to incentivize grid modernization without altering the PSC's oversight role.