FISCAL NOTE
Date Requested: January 16, 2015
Time Requested: 11:01 AM |
| Agency: |
Public Service Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1897 |
Introduced |
SB116 |
|
|---|
| CBD Subject: |
Energy |
|---|
|
FUND(S):
Utilities 8623
Sources of Revenue:
Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Per statute, the Commission assesses electric utilities a fee to administer the program. The $100,000 fee is allocated among the electric utilities covered by the legislation. This measure will reduce the revenues of the Public Service Commission by $100,000 and have an immaterial impact on costs.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2015
Increase/Decrease
(use"-") |
2016
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 |
-100,000 |
-100,000 |
-100,000 |
Explanation of above estimates (including long-range effect):
Per statute, the Commission assesses electric utilities a fee to administer the program. The $100,000 fee is allocated among the electric utilities covered by the legislation. This measure will reduce the revenues of the Public Service Commission by $100,000 and have an immaterial impact on costs.
Memorandum
None
Person submitting Fiscal Note: Cheryl A. Ranson
Email Address: cranson@psc.state.wv.us