By: Chris Hamilton President & CEO
West Virginia Coal Association
Recent news stories across the state have reported on a tentative agreement advanced by several parties to a typical public electric utility rate case, whereby the utility petitions the Public Service Commission to recover partial costs the utility incurred to keep West Virginia’s lights on. Some suggest that the agreement and others like it are not in the best interest of the public.
West Virginia has always enjoyed extremely low-cost and reliable energy primarily due to our modem coal-fired electric manufacturing facilities and nearby high quality, clean burning coal reserves. It’s been our natural advantage and continues to be the best deal around as evidenced by all the new investment by large industrial power consumers (e.g., Nucor, Omnis Energy, Fidelis New Energy, and many others) that chose West Virginia for our competitive costs of energy and other reasons.