The bill proposes the addition of a new section, 24-2-1s, to the Code of West Virginia, which focuses on high voltage transmission lines and their proximity to business-ready sites. It mandates that electric utilities applying for certificates of public convenience and necessity for transmission lines with an operating voltage of 400 kilovolts or greater must include a report detailing potential substation locations near certified business-ready sites. This report should encompass various aspects, including site preparation work, projected costs, and a proposed cost recovery mechanism. The Public Service Commission (PSC) will evaluate these reports and may approve site preparation work that is expected to yield significant economic benefits to the state.

Additionally, the bill outlines the process for cost recovery related to the approved site preparation work, ensuring that such costs are not borne by West Virginia residential ratepayers. The PSC is tasked with making explicit findings regarding the proximity of proposed transmission routes to business-ready sites and whether alternative routes exist. The bill also grants the PSC the authority to create rules necessary for the implementation of this section. Overall, the legislation aims to enhance the state's electric infrastructure while promoting economic development through strategic placement of substations.

Statutes affected:
Introduced Version: 24-2-1s
Committee Substitute: 24-2-1s
Engrossed Committee Substitute: 24-2-1s