In accordance
with 5 CFR 1320, the information collection is approved for three
years.
Inventory as of this Action
Requested
Previously Approved
06/30/2019
36 Months From Approved
06/30/2016
185
0
653
370
0
20,397
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. The Natural Gas Act (NGA) requires FERC to
regulate the transmission and sale of natural gas for resale in
interstate commerce and to ensure the rates jurisdictional natural
gas pipelines charge are just and reasonable. It provides FERC with
authority to implement NGA mandates through its rules and
regulations. FERC allows jurisdictional pipelines to flow through
to their customers such costs as fuel or electric power costs
necessary to operate compressor stations as well as the costs of
storage services; research, development, and demonstration
(RD&D) expenditures and FERC annual charge adjustment (ACA)
assessments. To ensure these charges result in just and reasonable
rates, FERC requires jurisdictional pipelines to file detailed and
summary information on these flowed costs in the FERC-542. Analyses
of FERC-542 data helps the Commission evaluate the charges to
ensure compliance with NGA rate requirements.
FERC estimates that about 95%
(or 19,026 hours) of the reduction of hours associated with FERC
542 results from the one-time filings and the decreased number of
ACA filings required by the regulations put in place with the final
rule in Docket RM12-14. Pipelines now reference the annual charge
posted on ferc.gov in their tariff and have no need to make a
separate filing to pass through the annual charge. The remainder of
the reduction is due to industry fluctuations and/or better
estimates.
$453,660
No
No
No
No
No
Uncollected
Norma McOmber 202
502-8022
No
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.