WV SB931

Imposes a three-year moratorium on increases to base rates, riders, surcharges, or other charges for electric and water utilities in West Virginia, with exceptions only for reliability threats, federal mandates, or catastrophic infrastructure failure requiring legislative approval.

Sets goal that by January 1, 2030, West Virginia's comprehensive electricity costs must be lower than all contiguous surrounding states, and combined household utility expenditures for electricity and water must decline by at least 25 percent in inflation-adjusted dollars.

Requires the Department of Commerce to complete a comprehensive utility cost and competitiveness assessment within 12 months and serve as the coordinating authority for statewide utility affordability efforts.

Prohibits utilities from using critical materials sourced, processed, or manufactured by foreign adversary nations and requires prioritization of fuel sources primarily produced within West Virginia.

Defines "reliable" energy as sources with 80 percent or greater performance standards not subject to intermittent availability, and "clean" energy as sources meeting National Ambient Air Quality Standards, explicitly including coal and natural gas.