panathas :
What's your CPU usage in idle? Are you sure that you don't have a program or background activity causing this? Have you reinstalled chipset drivers? Maybe something is going on with ACPI or a registry setting somehow got corrupt so reinstall every chipset driver you can find at ASRock's website.
You said you installed a new PSU? Why? Was the previous one defective? Are you sure that the new one is haswell ready? What's the model? Do you still have the old one? You could try reinstalling the old one and finding out if the PSU is indeed responsible for this odd CPU behaviour.
If all else fail you have to get into your BIOS and check every setting available one by one. You have to make sure that you know what each setting does. It's not difficult and most settings must have a description. You could also consult your manual. Likely since your board doesn't allow overclocking it should have fewer available settings and options. Some boards even the ones with no overclocking options, have settings that allow the CPU to work at max turbo boost all the time, regardless what the actual load is. Your board must have such an option which is not considered actual overclocking since it just keeps the turbo boost on all the time, find it. As someone else said, some boards connect this option with XMP, perhaps you could try disabling XMP as a test and see what happens. Finally check the power management section in your BIOS and make sure that all the power saving option and states of your CPU/board are enabled.
As a final note, balanced power and power saver options in windows power management don't have a big difference especially in desktop PCs. In laptops it's an entire different story. If you can't find a solution, maybe you could enable the power saver option and customise some for its settings according to your needs. Good luck.
My CPU usage at idle has been before this issue 800 Mhz (which is also the minimum setting in BIOS the CPU can go down). Since this issue appeared it is always 4 Ghz, even at idle.
The only thing reamining is the MoBo Chipset driver reinstallation, but since i have small experience with this i will need to take some researching before.
The previous PSU was Coolermaster B600 ver.2 and it was functioning very good, but i had the opportunity to buy the Antec EDG 650 (haswell ready and in Tier 2 of Tom's hardware big psu list) modular psu , so i did and notice this issue after it.
The last thing i did was changed the CPU connector on my PSU from rail 12V1 to 12V2 to even try remove this option. Issue still the same
I have tried disabling XMP, loading deafults, enabling-then disabling all C power saving option states in BIOS.
I tried even disabling Turbo Boost, and guess what, issue stayed the same but without the additional 400 Mhz, so all clocks were always at 3.6 Ghz (stock speed) at Idle all the time..
I will try to put back the old PSU and figure out is that the reason for the issue.
If that does not solve the case then, as you mentioned, either Power save mode will have to do, or reinstalling windows !