Securing WV baseload coal generation and ratepayer protection

This bill requires electric utility generators in West Virginia to operate at a 69% capacity level until 2040 and maintain a 45-day supply of coal fuel on site to ensure reliable power generation. It mandates that power-generating utilities submit detailed plans within 90 days outlining how they will keep existing coal plants operational through 2040, including maintenance schedules and cost estimates, while prohibiting the use of securitized funds to close or decommission plants without Public Service Commission approval. The West Virginia Public Service Commission will evaluate these plans, coordinate participation in regional capacity auctions, and may require additional upgrades to maintain plant operations. The legislation aims to protect ratepayers from rate increases, preserve local jobs, and extend the operational life of the state's coal-fired power plants.