This bill proposes the addition of a new section, 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," and specifies that the reporting requirements apply only to public utilities within this category.
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 regional transmission organization meetings during the previous calendar year. The report must include all recorded votes, votes cast by affiliates when the utility did not participate, and a brief explanation of how each vote serves the public interest. This legislation aims to enhance transparency and accountability among utilities involved in regional transmission organizations.
Statutes affected: Introduced Version: 24-3-11