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Legislation would require PSC to produce full system cost and benefits analysis of electricity sources
Summary
HB 674 would require the Public Service Commission to commission a levelized full‑system cost and benefits analysis of generation sources (gas, nuclear, offshore wind, storage; witnesses urged adding solar) to better inform policy decisions on affordability and reliability; PSC said it would need a consultant and suggested technology‑neutral definitions.
Delegate Todd B. Morgan told the committee that HB 674 would require the Public Service Commission to deliver a comprehensive levelized full‑system cost and benefit analysis of electricity generation sources — including intermittency, backup and integration costs — to provide the General Assembly with broader data than standard levelized…
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