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WEST VIRGINIA LEGISLATIVE NEWS
from Eyewitness News Online W.Va. lawmakers approve goods-based utility rates March 09, 2010 7:33 PM CHARLESTON, W.Va. Some of West Virginia's industrial employers could get a break on their power bills under legislation sent to Gov. Joe Manchin. The House unanimously passed a Senate measure Tuesday that proposes linking utility rates to changes in the market prices for the goods made by qualifying businesses. The bill would apply to industrial firms that typically consume at least 50,000 kilowatts of electricity and have at least 25 full-time workers. These employers could negotiate special rate deals with power companies. If rate talks fail, the employer could petition regulators at the state's Public Service Commission for the special rate. Potential beneficiaries include Jackson County's aluminum industry, which has suffered from high power costs and a poor metals market. |
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