In accordance with 5 CFR 1320, the information collection is approved for three years.
Inventory as of this Action
Requested
Previously Approved
05/31/2016
36 Months From Approved
02/28/2014
653
0
333
20,397
0
13,300
0
0
0
The FERC-542 contains the following information collections: (1) Research, development, and deployment expenditures; (2) annual charge adjustments (ACA) and (3) periodic rate adjustments. This Information Collection Request only deals with number 2, annual charge adjustments. The Commission does not propose any changes to the other information collection requirements and in this package only provides details on the annual charge adjustments.
The Commission is required to
We are adjusting the existing burden inventory to account for estimating 145 filers instead of the previous number of 95. The difference of 50 filers is due to Commission error in previous estimates and is the reason for the additional 7,000 hours shown in the table above.
We also reduce the annual hours by 2 hours per filer to account for the reduced number of filings.
We are averaging the one-time filing burden contained in the proposed rule over three years, leading to 97 hours per company.
There is a one-time increase in burden (averaged over three years) which is necessary to implement the burden reduction measures (reduced number of required filings in future years) adopted in the final rule.
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.