West Virginia § 24-2-1e Rate recovery for construction of electric transmission facilities

West Virginia Statutes

§ 24-2-1e — Rate recovery for construction of electric transmission facilities

West Virginia § 24-2-1e

Ch. 24PUBLIC SERVICE COMMISSION

Art. 2POWERS AND DUTIES OF PUBLIC SERVICE COMMISSION

This text of West Virginia § 24-2-1e (Rate recovery for construction of electric transmission facilities) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 24-2-1e (2026).

Text

In order to encourage the construction of transmission facilities necessary to transmit electric power from generating facilities located in this state to areas where such power can be economically marketed, the commission may allow an electric utility accelerated rate recovery for transmission facilities constructed or upgraded for the purpose of increasing the capacity to transmit electric power to areas outside the utility's service territory where such power can be economically marketed. In allowing accelerated rate recovery, the commission shall include the impact of the investment in transmission facilities on any investment equalization agreement in which the utilities participate.

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In order to encourage the construction of transmission facilities necessary to transmit electric power from generating facilities located in this state to areas where such power can be economically marketed, the commission may allow an electric utility accelerated rate recovery for transmission facilities constructed or upgraded for the purpose of increasing the capacity to transmit electric power to areas outside the utility's service territory where such power can be economically marketed. In allowing accelerated rate recovery, the commission shall include the impact of the investment in transmission facilities on any investment equalization agreement in which the utilities participate.