WV HB3421

Mandates all electric utility generators in West Virginia operate at a minimum 69% capacity factor until 2040 to lower residential rates, extend plant life, and maintain regional employment

Requires every electric generating plant to maintain a 45-day on-site base fuel supply that must be continuously consumed and replenished based on the 69% capacity factor requirement

Prohibits utilities from using securitization funds to cease operations, close, or disassemble any electric generating unit, and bars any decommissioning activities without Public Service Commission or Public Energy Authority approval

Requires utilities to submit supplemental information within 90 days detailing plans to operate each plant through 2040, including upgrade schedules, maintenance plans, and analysis of extending plant life beyond planned retirement dates

Directs the Public Service Commission to evaluate PJM capacity auctions, prioritize existing in-state coal plants when additional capacity is needed, and establish state criteria for economic dispatch to ensure coal plants receive equitable market treatment