FERC-545, Gas Pipeline Rates: Rate Change (Non-formal) (Revision PL24-1-000)
Revision of a currently approved collection
No
Regular
Approved without change
07/08/2024
06/06/2024
Because the agency sought comments only on the changes associated with the policy statement, the existing expiration date remains the same for this collection. In accordance with 5 CFR 1320, the information collection is approved.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
05/31/2025
05/31/2025
05/31/2025
1,382
0
1,371
306,777
0
306,612
0
0
0
FERC-545 is required to implement sections 4, 5, and 16 of the Natural Gas Act (NGA), (15 USC 717c, 717d, and 717o). NGA Sections 4, 5, and 16 together authorize the Commission to inquire into rate structures and methodologies and to set rates at a just and reasonable level. Specifically, a natural gas company must obtain Commission authorization for all rates and charges made, demanded, or received in connection with the transportation or sale of natural gas in interstate commerce.
In the final policy statement, PL24-1-000, the Commission is clarifying that the cost data (submitted via the FERC-545) should include project-wide labor wages and include union and non-union wages. The Commission clarified it will look to applicable collective-bargaining agreements or Project Labor Agreements as an appropriate default source of project-area wage standards because collectively bargained wages reflect actual wage and fringe benefit rates paid to the project workforce. Collective-bargaining agreements reflect the actual labor cost that should be included in natural gas pipeline cost-of-service rate filings and depreciation studies, including future retirement costs.
The policy statement estimates that the burden will increase a total of 11 respondents and 165 hours due to additional data that will need to be collected and submitted when calculating cost-of-service rates.
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.