In accordance with 5 CFR 1320, the information collection is approved for three years with the following terms of clearance: prior to the next renewal of this collection, FERC will update the burden in the FERC-516 Electric Rate Schedules and Tariff Filings ICR (OMB Control Number 1902-0096) to account for the transfer of some of the FERC-516 burden to the FERC 920 collection.
Inventory as of this Action
Requested
Previously Approved
02/29/2016
36 Months From Approved
9,180
0
0
234,425
0
0
0
0
0
The Commission set forth the EQR filing requirements in Order No. 2001 (Docket No. RM01-8-000, issued April 25, 2002, at http://elibrary.ferc.gov/idmws/search/intermediate.asp?link_file=yes&doclist=2270047). Order No. 2001 required public utilities to electronically file EQRs summarizing transaction information for short-term and long-term cost-based sales and market-based rate sales and the contractual terms and conditions in their agreements for all jurisdictional services. The Commission established the EQR reporting requirements to help ensure the collection of information needed to perform its regulatory functions over transmission and sales, while making data more useful to the public and allowing public utilities to better fulfill their responsibility under FPA section 205(c) to have rates on file in a convenient form and place.
As discussed earlier, this Final Rule in RM10-12 would allow FERC and the public to gain a more complete picture of wholesale power and transmission markets in interstate commerce by providing additional information concerning price formation and market concentration in these markets. Public access to additional sales and transmission-related information in the EQR would improve market participants' ability to assess supply and demand fundamentals and to price interstate wholesale market transactions. It also would strengthen the FERC's ability to identify potential exercises of market power or manipulation and to better evaluate the competitiveness of the interstate wholesale markets.
As noted earlier, FERC is transferring the burden hours for the existing EQR filings and data and filers from the FERC-516, to this new collection, FERC-920. In ROCIS, it appears that FERC is implementing a program change of 234,425 hours and 9,180 responses. In reality, 66,427 hours and 7,132 responses are currently approved under the FERC-516 control number for the existing EQR requirements and filers. (See Appendix A to the supporting statement for more details.) The remaining burden and responses (167,998 hours, and 2,048 responses) represent the actual program increase (additional data and filers) associated with the final rule in RM10-12. [After OMB decisions are issued, the FERC staff will submit a request to OMB to remove the double counted hours in FERC-516.]
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.
Tech Conf 20121109-3018.doc
USCODE-2011-title16-chap12-subchapII-sec824t.pdf
ONE-TIME implementation burden (averaged over first 3 years) due to RM10-12 final rule