FISCAL NOTE

Date Requested: January 12, 2024
Time Requested: 05:11 PM
Agency: Public Service Commission
CBD Number: Version: Bill Number: Resolution Number:
1937 Introduced HB4656
CBD Subject: Environment


FUND(S):

8623 Public Service Commission Fund

Sources of Revenue:

Special Fund

Legislation creates:

Increases Existing Expenses



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


The PSC would need to hire an additional Utility Analyst and a Nuclear Engineer to review and make recommendations.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2024
Increase/Decrease
(use"-")
2025
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 297,000 297,000
Personal Services 0 297,000 297,000
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 0 0


Explanation of above estimates (including long-range effect):


Utility Analyst - $55,000 plus $19,250 (35% for fringe benefits). Nuclear Engineer - $165,000 plus $57,750 (35% for fringe benefits).



Memorandum






    Person submitting Fiscal Note: Nathan Nelson
    Email Address: nnelson@psc.state.wv.us