This bill proposes the addition of a new section, designated 24-3-11, to the West Virginia Code, which establishes reporting requirements for public utilities that are members of a regional transmission organization. The bill defines key terms such as "Affiliate," "Meeting," "Recorded vote," and "Regional Transmission Organization" to clarify the scope of the reporting requirements. It specifies that the new section applies only to public utilities that are members of such organizations.

Under the new requirements, each public utility must submit an annual report to the commission by February 1, detailing any recorded votes cast by the utility or its affiliates at meetings of the regional transmission organization during the previous calendar year. The report must include all recorded votes, votes cast by affiliates when the utility did not vote, and a brief explanation of how each vote serves the public interest. This initiative aims to enhance transparency and accountability among public utilities in their decision-making processes within regional transmission organizations.

Statutes affected:
Introduced Version: 24-3-11