FISCAL NOTE
Date Requested: January 25, 2024 Time Requested: 05:15 PM |
| Agency: |
Public Service Commission |
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2294 |
Introduced |
HB5150 |
|
| CBD Subject: |
Energy |
|---|
|
FUND(S):
8623 Public Service Commission Fund (Utilities)
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.
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 |
279,000 |
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
n/a
Person submitting Fiscal Note: Nathan Nelson
Email Address: nnelson@psc.state.wv.us