FERC-1005, Credit Related Information Sharing Between RTOs/ISOs

In 2023, FERC issued the Final Rule in Docket No. RM22-13-000 discussing the need for RTOs/ISOs to share credit related information with each other. The credit-related information sharing is intended to reduce the risk of liquidity failures amongst utilities. As described in the Final Rule, the Commission revised section 35.47 of Title 18 of the Code of Federal Regulations to permit credit-related information sharing between organized wholesale electric markets. The rule does not create an information collection that is submitted to FERC, rather it permits the ability to share information between RTOs/ISOs and directs RTOs/ISOs to update their tariff provisions to include processes and procedures to do so. At that time RTOs/ISOs were required to update their tariff provisions to enable credit-related information sharing. This process has been completed, which is why the Commission is removing the burden related to this action. The remaining burden is associated with facilitating the information sharing between entities in accordance with each RTO’s/ISO’s processes and procedures.

The latest form for FERC-1005, Credit Related Information Sharing Between RTOs/ISOs expires 2029-09-30 and is listed under ICR 202604-1902-004.

View the official OMB control history on Reginfo.gov.

Tariff Provisions Compliance Filing (One-Time)

Federal Enterprise Architecture: Energy - Energy Supply