Electric utilities; rate caps, Commission on Electric Utility Regulation, utility rate reviews.
Sponsored By: James W. Morefield (Republican)
Failed
Summary
Electric utilities; rate caps; Commission on Electric Utility Regulation; utility rate reviews. Requires the State Corporation Commission to establish capped rates for Appalachian Power. The bill requires the capped rates to be the rates in effect for each Phase I electric utility as of July 1, 2025. The bill authorizes the Commission to adjust such capped rates in connection with the electric utility's recovery of fuel and purchased power costs. The bill's capped rates expire on July 1, 2027. The bill requires the Commission on Electric Utility Regulation (the Commission) to review and make recommendations regarding certain petitions filed by Appalachian Power with the State Corporation Commission. For each such review, the bill requires the Commission to convene a subcommittee that includes one nonlegislative citizen member from each planning district commission within the Phase I Utility's service territory, each of whom is appointed by the relevant planning district commission. The Commission shall submit its recommendation to the State Corporation Commission no later than 90 days following the date such petition is filed. The bill prohibits the Commission from adopting any recommendation if a majority of the members of the subcommittee vote against the recommendation. The bill requires the State Corporation Commission to consider the recommendations of the Commission.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
James W. Morefield
Republican • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Left in Labor and Commerce
2/5/2025HouseReferred to Committee on Labor and Commerce
1/15/2025HousePresented and ordered printed 25105010D
1/15/2025House
Bill Text
Introduced
1/15/2025
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