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WV HB4481

WV HB4481
WV Load Forecast Accountability Act


summary

Introduced
01/16/2026
In Committee
02/26/2026
Crossed Over
02/25/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

A BILL to amend the Code of West Virginia, 1931, as amended by adding a new article, designated §24-2J-1, §24-2J-2, §24-2J-3, §24-2J-4, §24-2J-5, and §24-2J-6, all relating to the creation of the Electric Load Forecast Accountability Act; providing for a short title, findings, and purpose; providing oversight and reporting by the Public Service Commission concerning electric load forecasting; providing access to and protections from disclosure of confidential documents; providing for annual reporting and defining report contents; and creating a sunset date.

AI Summary

This bill, known as the "Electric Load Forecast Accountability Act," establishes new oversight for the Public Service Commission (PSC) of West Virginia regarding how electricity demand is predicted. Recognizing that organizations like PJM Interconnection, L.L.C. (PJM), a regional transmission organization that manages the electric grid, rely on these predictions to plan for future electricity needs, and that inaccurate forecasts can lead to unnecessary costs for consumers, the bill grants the PSC the authority to review and validate load forecasts submitted by West Virginia utilities and other companies to PJM. The PSC will investigate the methods, data, and assumptions used in these forecasts, including auditing specific projects seeking to connect to the grid to ensure they are likely to be developed, and will coordinate with PJM and other states to prevent double-counting of projects. Importantly, the bill allows the PSC to access confidential agreements and customer data related to load forecasting, but it also mandates that individual customer data remain confidential and exempt from public disclosure, though aggregated data may be released under certain conditions. The PSC is required to publish an annual report detailing its implementation efforts, findings, and recommendations for improving load forecasting and electrical resource planning, and this act will expire on December 31, 2031, unless extended by the Legislature.

Committee Categories

Agriculture and Natural Resources, Transportation and Infrastructure

Sponsors (3)

Last Action

To Energy, Industry, and Mining (on 02/26/2026)

bill text


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