[The formerly separate IC for time zone information has been rolled into the main IC for FERC-920. Commission Order of 6/18/2020:FERC revises its Electric Quarterly Report (EQR, FERC-920) reporting requirements to require time zone information to be reported in connection with transmission capacity reassignments. The Commission clarifies the information that should be reported in the EQR with respect to ancillary services, including black start service, and tariff-related information.
Note that the added hours of burden are added to the current EQR filing requirements, and burden related to one-time implementation and ongoing maintenance are averaged over Years 1-3. After Year 3, the added burden due to time zone information, will be 0.5 hrs. per quarterly response per respondent. There are not any additional responses (with this added burden slightly increasing the existing burden per response), however splitting this requirement into a new IC displays an added 34 responses.]
General Background on EQR: EQR information allows the Commission and the public to gain a more complete picture of interstate wholesale electric power and transmission markets by providing information concerning price formation and market concentration in these markets. Public access to power sales and transmission-related information in the EQR improves market participantsâ ability to assess supply and demand fundamentals and to price interstate wholesale electric market transactions. This, in turn, results in greater market confidence, lower transaction costs, and ultimately supports competitive markets. In addition, the data filed in the EQR strengthens the Commissionâs ability to exercise its oversight and enforcement responsibilities of wholesale electric and electric power transmission rates in accordance with the Federal Power Act. Without this information, the Commission would lack some of the data it needs to examine and approve or modify electric rates. It also strengthens the Commissionâs ability to identify potential exercises of market power or manipulation and to better evaluate the competitiveness of interstate wholesale electric markets.
The formerly separate IC for time zone information (including burden) has been rolled into the main IC for FERC-920.
There are no changes to the reporting requirements. The adjustments to the number of respondents and corresponding adjustments to total burden are due to normal fluctuations in industry (e.g., companies going into or leaving the industry, or companies merging or splitting).
$640,740
No
No
No
No
No
No
No
Donald Callow 202 502-8838
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.