FERC-732, Electric Rate Schedules and Tariffs: Long-Term Firm Transmission Rights in Organized Electricity Markets

Forms and Documents

Document Name	Status
Order 681-B.pdf Supplementary Document	2012-12-17
FINAL IC12-19-000 (FERC-732) Supporting Statement.docx Supporting Statement A	2012-12-17
PUBLISHED IC12-19-000 (FERC-732) 30dy.pdf Supplementary Document	2012-12-14
Summary of and Clarifications Issued on FERC Policy on Long-Term Firm Transmission Rights.pdf Supplementary Document	2012-12-04
Order 681-A.pdf Supplementary Document	2012-12-04
Order 681.pdf Supplementary Document	2012-12-04
EPAct Title VII.pdf Supplementary Document	2012-12-04
18 CFR 42.1.pdf Supplementary Document	2012-11-28
PUBLISHED IC12-19-000 (FERC-732) 60dy.pdf Supplementary Document	2012-11-27

IC Document Collections

IC ID	Document Title	Status
45675	FERC-732, Electric Rate Schedule and Tariffs-Long Term Firm Transmission Rights in Organized Markets	Modified

ICR Details

OMB Control No: 1902-0245	ICR Reference No: 201211-1902-015
Status: Historical Active	Previous ICR Reference No: 200911-1902-001
Agency/Subagency: FERC	Agency Tracking No: FERC-732
Title: FERC-732, Electric Rate Schedules and Tariffs: Long-Term Firm Transmission Rights in Organized Electricity Markets
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/17/2013
	Date Received in OIRA: 12/17/2012
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for three years.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2016	36 Months From Approved	01/31/2013
Responses	1	0	6
Time Burden (Hours)	1,180	0	1,192
Cost Burden (Dollars)	0	0	73,524

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Abstract: To encourage investment in transmission infrastructure, the Commission requires all Regional Transmission Organizations (RTOs), Independent Service Operators (ISOs), independent transmission providers, or other independent transmission organizations to make available long-term firm transmission rights to load-serving entities (LSEs). The Commission implemented this policy with Order No. 681, Order No. 681-A and Order No. 681-B, following direction provided by Congress in EPAct 2005, Title VII Section 1233 (b). A summary and needed clarification to the Commission's policy for long-term firm transmission rights is posted in the OMB clearance package. To ensure that long-term firm transmission rights are made available in organized markets, the Commission requires that RTOs, ISOs, independent transmission providers, or other independent transmission organizations submit tariff sheets and rate schedules that make available long-term firm transmission rights, or alternatively, an explanation of how their current tariff and rate schedule provide for long-term firm transmission rights. These long-term firm transmission rights made available to transmission customers must satisfy each of the guidelines for long-term firm transmission rights set forth in 18 CFR 42.1(d) in order to comply with Commission requirements. All existing RTOs and ISOs were required to submit the applicable tariff sheets and rate schedules and have done so. However, FERC-732 requirements in 18 CFR 42.1(d) continue to apply to any transmission organization approved by the Commission after January 29, 2007. Therefore, a small burden for this reporting requirement remains to ensure FERC is compliant with related Congressional requirements in EPAct 2005. The Commission will use the tariff sheets and rate schedules submitted by transmission organizations in accordance with this requirement to ensure that the transmission organizations make available long-term firm transmission rights in a way that is compliant with FERC procedures to implement Congressional EPAct 2005 policy. Failure to collect this information would prevent the Commission from complying with Congressional mandates related to long-term firm transmission rights in transmission organizations.

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Authorizing Statute(s): PL: Pub.L. 109 - 58 1233 Name of Law: Energy Policy Act of 2005
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 58116	09/19/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 73630	12/11/2012
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
FERC-732, Electric Rate Schedule and Tariffs-Long Term Firm Transmission Rights in Organized Markets

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	1	6	0	0	-5	0
Annual Time Burden (Hours)	1,180	1,192	0	0	-12	0
Annual Cost Burden (Dollars)	0	73,524	0	0	-73,524	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The requirements within FERC-732 did not change. These one-time requirements will increase if and only if the Commission approves another transmission organization to operate. However, there is a decrease in burden estimated within this clearance package. More specifically, the estimated burden of 1 response is the minimal amount the Commission can posit to OMB for approval. The previously estimated burden of 6 responses included the one-time (i.e. currently unnecessary and infrequently filed) reporting requirement. That one-time burden is not addressed in this clearance package nor the supporting statement and, thus, a minimal difference in reporting burden will be noticed from the previous clearance package to the current. This is the sole factor causing the decrease in estimated burden for this information collection.

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Annual Cost to Federal Government: $4,458

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 12/17/2012

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