FERC-542, Gas Pipeline Rates: Rate Tracking

ICR 201602-1902-005

OMB: 1902-0070

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2016-06-03
Supplementary Document
2016-03-22
Supplementary Document
2016-03-17
Supplementary Document
2016-02-25
Supplementary Document
2016-02-25
Supplementary Document
2016-02-25
Supplementary Document
2016-02-25
Supplementary Document
2016-02-25
Supplementary Document
2016-02-12
Supplementary Document
2016-02-12
IC Document Collections
ICR Details
1902-0070 201602-1902-005
Historical Active 201303-1902-009
FERC FERC-542
FERC-542, Gas Pipeline Rates: Rate Tracking
Extension without change of a currently approved collection   No
Regular
Approved with change 06/09/2016
Retrieve Notice of Action (NOA) 03/22/2016
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.

US Code: 15 USC 3301-3432 Name of Law: Natural Gas Policy Act
   US Code: 15 USC 717c, 717d, 717o Name of Law: Natural Gas Act
  
None

Not associated with rulemaking

  80 FR 79322 12/21/2015
81 FR 15300 03/22/2016
No

1
IC Title Form No. Form Name
FERC-542, Gas Pipeline Rates: Rate Tracking
FERC-542: One-Time Burden from RM12-14 (3 year span)

  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 185 653 0 -445 -23 0
Annual Time Burden (Hours) 370 20,397 0 -19,026 -1,001 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
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.
03/22/2016


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