West Virginia HB4481 establishes the Electric Load Forecast Accountability Act to enhance transparency and accuracy in electric load forecasting.

West Virginia HB4481, the Electric Load Forecast Accountability Act, aims to improve the accuracy and transparency of electric load forecasting by the Public Service Commission. The act mandates the commission to review and validate load forecasts submitted by West Virginia utilities to PJM, ensuring they are based on accurate data and assumptions. The commission is also tasked with coordinating with PJM and other states to prevent duplicative counting of projects and customer contracts.

West Virginia HB4481 establishes the Electric Load Forecast Accountability Act to enhance transparency and accuracy in electric load forecasting.

West Virginia HB4481, the Electric Load Forecast Accountability Act, aims to improve the accuracy and transparency of electric load forecasting by the Public Service Commission. The act mandates the commission to review and validate load forecasts submitted by West Virginia utilities to PJM, ensuring they are based on accurate data and assumptions. The commission is also tasked with coordinating with PJM and other states to prevent duplicative counting of projects and customer contracts.