To secure West Virginia baseload coal generation and ratepayer protection

HB 3421 requires West Virginia coal-fired power plants to operate at a consistent 69% capacity level through 2040, maintain a 45-day on-site coal supply, and submit detailed operational plans to the Public Service Commission. It directly affects electric utilities operating coal plants by mandating they balance plant operations to preserve local jobs, stabilize energy costs, and avoid shutdowns without Commission approval. Key provisions include requiring utilities to provide supplemental plans for extending plant lifespans beyond retirement dates and preventing the use of securitized funds to close facilities. The bill also directs the Public Service Commission to coordinate West Virginia’s participation in regional energy markets to benefit ratepayers. These measures aim to secure coal generation as a stable energy source while protecting consumers from rate volatility.