West Virginia · foakstack

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State incentives

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Alternative and Renewable Energy Portfolio Standard (W. Va. Code Art. 24-2F)Requires electric utilities to meet a percentage of sales from alternative and renewable resources, with eligible sources that include geothermal and advanced-generation nuclear; the 25% target ran through 2025, and current compliance requirements were not confirmed.mandate or standard · Geothermal, Nuclear · 25% of electricity sold (target stated for 2025)
House Bill 4025 severance tax exemption for rare earth and critical mineralsPROPOSEDBill that passed the House in 2022 to exempt rare earth elements and other listed critical minerals from severance tax for five years; final enactment could not be confirmed.tax credit · Critical minerals · Five-year severance tax exemption
House Bill 4491 (2026) PSC certification of advanced small modular and micro nuclear reactorsPROPOSEDIntroduced bill that would give the Public Service Commission certification authority over advanced small modular and micro reactors, to the extent consistent with federal law; passage not confirmed.mandate or standard · Nuclear
Hydrogen Power Task Force Act (HB 2814, 2023)Created a task force to study hydrogen economics, workforce, tax incentives, and hydrogen sources in West Virginia; it is a study body and not a funding or incentive program.other · Hydrogen
Rare Earth Element and Critical Mineral Investment Tax Credit Act (HB 4657 and successor bills)PROPOSEDBills to give a corporate net or personal income tax credit for qualified investment in rare earth and critical mineral mining, processing, and manufacturing; enactment could not be confirmed from available sources, and a 2023 fiscal note still described the credit as conditional.tax credit · Critical minerals · Reported as 80% of tax liability from the qualified investment, rising to 100% if median wages exceed the state average (2022 bill)
Senate Bill 1001 (2026) Nuclear Lifecycle Development FundPROPOSEDIntroduced bill that would create a special revenue account for site preparation, workforce, infrastructure, matching federal grants, and legislatively approved incentive packages for nuclear fuel-cycle activities; passage not confirmed.grant · Nuclear
Senate Bill 4 (2022) nuclear construction restriction repealRemoved the state's longstanding prohibition on nuclear power plant construction, which had been in place since 1996, clearing the way for nuclear generation projects.other · Nuclear
Senate Bill 942 (2026) advanced-baseload energy tax incentives and Advanced Energy DivisionPROPOSEDIntroduced bill that would create an Advanced Energy Division and an Advanced-Baseload Energy Fund, and authorize tax incentives, including an investment credit and accelerated cost recovery, for certified advanced nuclear reactor and certain hydrogen projects; passage not confirmed.tax credit · Nuclear, Hydrogen · Investment credit amount not confirmed