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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1902-0096
ICR Reference No:
201203-1902-004
Status:
Historical Inactive
Previous ICR Reference No:
201110-1902-006
Agency/Subagency:
FERC
Agency Tracking No:
FERC-516
Title:
FERC-516, (NOPR in RM01-8-012, EQR) Electric Rate Schedules and Tariff Filings
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Comment filed on proposed rule and continue
Conclusion Date:
05/18/2012
Retrieve Notice of Action (NOA)
Date Received in OIRA:
03/27/2012
Terms of Clearance:
OMB files this comment in accordance with 5 CFR 1320.11(c) of the Paperwork Reduction Act and is withholding approval of this collection at this time. This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. The agency shall examine public comment in response to the Notice of Proposed Rulemaking and will include in the supporting statement of the next ICR, to be submitted to OMB at the final rule stage, a description of how the agency has responded to any public comments on the ICR. This action has no effect on any current approvals.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
01/31/2015
36 Months From Approved
01/31/2015
Responses
4,723
0
4,723
Time Burden (Hours)
472,134
0
472,134
Cost Burden (Dollars)
143,556
0
143,556
Abstract:
Section 205(c) of the Federal Power Act (FPA) requires that every public utility have all of its jurisdictional rates and tariffs on file with the Commission and make them available for public inspection, within such time and in such form as the Commission may designate. Section 205(d) of the FPA requires that every public utility must provide notice to FERC and the public of any changes to its jurisdictional rates and tariffs, file such changes with FERC, and make them available for public inspection, in such manner as directed by the Commission. The Electric Quarterly Report (EQR) is a vehicle whereby public utilities satisfy the requirements under Section 205(c)of the FPA. The EQR is available to the public and is used by the public, members of the energy industry and by Commission staff to conduct various analyses. The Commission is concerned that simultaneous exchange transactions may be used to circumvent transmission service rules, and by proposing (in Docket RM01-8-012) that simultaneous exchange transactions be reported in the EQR using a separate product name, the Commission is attempting to increase transparency in this market segment. Without separately reporting these types of transactions, simultaneous exchange transactions would be lumped in with other types of transactions clouding the ability to understand the nature and complexity of the simultaneous exchange market.
Authorizing Statute(s):
US Code:
16 USC 824(d)
Name of Law: Federal Power Act
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
1902-AE48
Proposed rulemaking
77 FR 16494
03/21/2012
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
6
IC Title
Form No.
Form Name
Demand Response (RM10-17) --One-Time and Monthly Filings
Electric Rates Schedules and Tariff Filings
FERC-516, (one-time filing) RM05-5-013 Final Rule, Standards for Business Practices and Communications Protocols for Public Utilities
FERC-516, Final Rule in RM05-5-017 (one-time filing)
Frequency Regulation (RM11-7), one-time tariff filing and system modification
Revision to EQR, Product Name Update (RM01-8-012), One-time and Recurring Burden
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Miscellaneous Actions
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The Commission is proposing to revise the EQR Data Dictionary to add "Simultaneous Exchange" to the list of available Product Names in the EQR. This proposal would allow for greater transparency in wholesale electricity markets through a greater understanding of these complex exchange transactions. The Commission is generally concerned that the complexity of simultaneous exchanges may obscure the true nature of these transactions, and may enable market participants to circumvent market rules. Thus, in order to enhance transparency, the Commission believes it is important that EQR filers report simultaneous exchanges in the EQR. This change will require a minimal amount of time for filers to implement and comply with moving forward.
Annual Cost to Federal Government:
$37,473
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Thomas Rieley 202 502-6203
Common Form ICR:
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:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(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;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
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.
Certification Date:
03/27/2012
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