This bill amends the Code of West Virginia to streamline the regulatory process for utilities, particularly in the construction and maintenance of facilities. Key changes include reducing the Public Service Commission's (PSC) approval time for certificates of convenience and necessity from 270 to 240 days, and for water and sewer projects from 225 to 190 days. The cost threshold for high voltage transmission lines requiring extended approval is raised from $50 million to $100 million, with the extended approval time reduced from 400 to 360 days. The bill also mandates the PSC to examine alternatives to high voltage line construction and allows for the waiver of maintenance and repair requirements at the PSC's discretion. Additionally, it requires public utilities to notify the PSC and the public about construction projects and proposed rate changes, ensuring adequate public notice for non-ordinary construction.

Moreover, the bill introduces new requirements for the PSC regarding electric transmission lines of 200 kilovolts or greater, mandating that applicants provide evidence that costs are commensurate with benefits to West Virginia ratepayers. It prohibits cost recovery from ratepayers unless aligned with benefits received and requires applicants to design and construct necessary off-take facilities at their own expense. The timeline for PSC decisions on siting certificates is reduced from 300 days to 270 days, with automatic issuance if the deadline is not met. The bill emphasizes balancing public interests, local economic impacts, and applicant interests in decision-making, while establishing ongoing jurisdiction for the PSC to ensure compliance with certificate terms.

Statutes affected:
Introduced Version: 24-2-11, 24-2-11a, 24-2-11c
Committee Substitute: 24-2-11, 24-2-11a, 24-2-11c
Engrossed Committee Substitute: 24-2-11, 24-2-11a, 24-2-11c