HB 2477

Bill Subjects

Abstract

Provides that customers of an incumbent electric utility that is required to obtain capacity for all load and expected load growth in its service area shall, if they purchase energy from a supplier licensed to sell retail electric energy within the Commonwealth, continue to pay their incumbent electric utility for the non-fuel generation capacity and transmission related costs incurred by the incumbent electric utility in order to meet such customers' capacity obligations. The measure provides that the advance written notice period applicable to such customers shall be three years. The measure does not apply to customers of licensed suppliers that had an agreement with a licensed supplier entered into before February 1, 2019, or had aggregation petitions pending before the State Corporation Commission prior to January 1, 2019, unless and until such a customer has returned to its incumbent electric utility.The measure requires each licensed retail supplier serving customers of Appalachian Power to file annual reports with the Commission and provides that the failure to do so constitutes grounds for suspension or revocation of its license.