Section 35.35(h) of the Commission's
final rule RM06-4-000 will require jurisdictional public utilities
to report annually to the Commission no later than April 18, 2007,
and, in succeeding years, on the date on which FERC Form No. 1
information is due the following data and projections: (subsection
i) in dollar terms, actual investment for the most recent calendar
year, and planned investments for the next five years; and
(subsection ii) for all current and planned investments over the
next five years, a project by project listing that specifies for
each project the expected completion date, percentage completion as
of the date of filing and reasons for delay.
Sect. 1241 Energy Policy Act
2005 (PL 109-58, 119 Stat. 594, 2005) adds new section 219 to
Federal Power Act mandating that no later than a year after
enactment of sect. 219, FERC is to establish, by rule, incentive
and performance-based rate treatments for transmission of electric
energy in interstate commerce by public utilities for the purpose
of benefiting consumers by ensuring reliability, reducing the cost
of delivered power and reducing transmission congestion. In
RM06-4-000 Final Rule, FERC is promoting greater capital investment
in new transmission capacity. The need for capital investment in
energy infrastructure is national problem that requires a national
solution. Inadequate transmission infrastructure results in
transmission congestion that impedes competitive wholesale markets
and impairs the reliability of the electric grid. FERC-730 is to
determine effectiveness of proposed rules and provide FERC with
accurate assessment of the state of the industry on transmission
investment.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
Form FERC-730 Report of Transmission Investment Activity
SF83-730.doc
Report of Transmission Investment Activity