Creating Stable Energy Rates Protection Act

SB 510, the "Creating Stable Energy Rates Protection Act," prohibits West Virginia's Public Service Commission from including costs for wind or solar energy facilities in utility rate increases. Specifically, the Commission cannot approve rate hikes based on construction, operation, maintenance, or decommissioning costs for new wind or solar projects. Existing contracts signed before the law's effective date are exempt, but no future rate increases can use costs from new commitments under those contracts. The Commission must annually report to the Legislature on the policy's impact on energy rates and reliability. The bill takes effect immediately upon passage.