FISCAL NOTE

Date Requested: January 14, 2026 Time Requested: 06:46 PM

Agency: Public Service Commission CBD Number: Version: Bill Number: Resolution Number: 2001 Introduced HB4195 CBD Subject: Public Service Commission

FUND(S):

SPECIAL

Sources of Revenue:

Special Fund

Legislation creates:

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Fiscal Note Summary

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

Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government. The proposed bill will have no impact on the costs and revenues of the State of West Virginia or the Public Service Commission of West Virginia.

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Fiscal Note Detail

Effect of Proposal	Fiscal Year
	2026 Increase/Decrease (use"-")	2027 Increase/Decrease (use"-")	Fiscal Year (Upon Full Implementation)
1. Estmated Total Cost	0	0	0
Personal Services	0	0	0
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):

Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years. N/A

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Memorandum

Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form. This bill will have no fiscal impact on the revenues or expenses of the State of West Virginia. The bill merely places a temporary cap through July 1, 2027 on electric utility rates of electric utilities operating in and providing electric service in West Virginia.

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    Person submitting Fiscal Note: Robert Adkins, General Counsel
    Email Address: radkins@psc.state.wv.us