Bill > HB4040

This bill, titled the "West Virginia Energy Efficiency Jobs Creation Act," aims to promote energy efficiency and conservation in West Virginia. The key provisions include: 1. Requiring electric utilities to establish cost-effective energy efficiency and conservation programs for their customers, with minimum electricity savings targets ranging from 0.5% of 2020 sales by 2023 to 9% by 2032. 2. Requiring electric utilities to implement cost-effective demand response programs and achieve targeted cumulative reductions in peak demand, ranging from 0.5% of 2020 peak demand by 2023 to 9% by 2032. 3. Allowing eligible large customers (with at least 2 MW of annual peak demand) to self-direct up to 80% of any energy efficiency charges towards developing and implementing their own energy efficiency plans, subject to certain requirements. 4. Requiring the Public Service Commission to monitor and analyze the impact of the energy efficiency and demand response programs, and report annually to the Legislature on their status, impact, and funding recommendations. The bill is intended to help West Virginia achieve gradual but significant energy efficiency, conservation, and demand response targets, providing electric ratepayers with tools to manage their energy costs and supporting the state's goal of affordable, reliable, and clean energy.

Transportation and Infrastructure

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4040&year=2022&sessiontype=RS&btype=bill