Power generation facility regulation and property taxation of power generation facilities

HB 3410 establishes new rules for regulating power generation facilities and their property taxation in West Virginia. It creates a "certified microgrid program" with specific qualification requirements for microgrid operators, including minimum service terms, and sets methods for property taxation in certified microgrid districts. The bill also defines "high impact business development districts" where electricity generation must be certified, limits the number of such districts, and requires Public Service Commission approval for special utility rates for eligible customers. These changes directly affect power generation facilities, business development districts, and microgrid operators seeking certification under the new framework.