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§ 24-1-1c — West Virginia Law | CourtGPT
  1. Home/
  2. Laws/
  3. West Virginia/
  4. Chapter 24 - Public Service Commission/
  5. Article 1 - General Provisions§24-1-1. Legislative Purpose and Policy; Plan for Internal Reorganization; Promulgation of Plan As Rule; Cooperation with Joint Committee on Government and Finance/
  6. § 24-1-1c
West Virginia Legal Code

§ 24-1-1c

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The Legislature finds:(1) Helping retail electric customers invest in and install solar photovoltaic energy facilities of their choice on their properties is in the public interest;(2) Free-market financing may provide more customers with opportunities to install solar photovoltaic energy facilities;(3) Installation of solar photovoltaic energy facilities will stabilize long-term energy costs making the state more attractive for industry and commercial investment;(4) Financing arrangements, including those in which payments are based on the performance and output of the solar photovoltaic energy facility installed on the property of a retail electric customer, will help reduce or eliminate upfront costs involved in the investments and installation by the customers; and(5) Individuals and entities which offer or receive these types of financing arrangements should not be considered or treated as public utilities.