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OMB Control No: 1902-0255	ICR Reference No: 202310-1902-010
Status: Received in OIRA	Previous ICR Reference No: 202109-1902-006
Agency/Subagency: FERC	Agency Tracking No: FERC-920
Title: FERC-920 - Electric Quarterly Report (EQR) (NOPR RM23-9)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular	Date Submitted to OIRA: 11/02/2023

	Requested	Previously Approved
Expiration Date	36 Months From Approved	04/30/2026
Responses	28,317	11,716
Time Burden (Hours)	238,563	212,060
Cost Burden (Dollars)	0	0

Abstract: 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 participants’ 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 Commission’s 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 Commission’s ability to identify potential exercises of market power or manipulation and to better evaluate the competitiveness of interstate wholesale electric markets. In the NOPR on Revisions to the Filing Process and Data Collection for the Electric Quarterly Report, in Docket No. RM23-9-000, the Commission proposes to update and streamline the collection of data, improve data quality, increase market transparency, and decrease the costs, over time, of preparing the necessary data for submission and complying with future changes to the filing requirements set forth by the Commission. Under the NOPR proposal, the EQR data collection would be modified to: 1. Implement a new collection method based on the eXtensible Business Reporting Language-comma separated values (XBRL-CSV) standard; 2. Require regional transmission organizations (RTOs) and independent system operators (ISOs) to produce reports containing market participant transaction data in XBRL-CSV format that adhere to the FERC EQR taxonomy; and 3. Modify or clarify EQR reporting requirements.

Authorizing Statute(s): PL: Pub.L. 109 - 58 119 Stat. 594 (2005) Name of Law: EPAct 2005 (Energy Policy Act of 2005)
US Code: 16 USC 824t Name of Law: Federal Power Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1902-AG11	Proposed rulemaking	88 FR 73784	10/27/2023

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	28,317	11,716	16,601
Annual Time Burden (Hours)	238,563	212,060	26,503
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The proposed rule in Docket no. RM23-9-000 causes an increase in burden due to program changes. Commission staff recognizes that the increase in burden will be significant in during the adoption and implementation of the changes, but anticipates that the modernized collection method will reduce burden on filers overtime. The revisions proposed in this NOPR would: (a) implement a new collection method based on the XBRL-CSV standard; (b) require RTOs and ISOs to produce reports containing market participant transaction data in XBRL-CSV format that adhere to the FERC EQR taxonomy; and (c) make substantive changes to eliminate or modify the information collected in the EQR. The information collected in the EQR is required to be submitted quarterly to the Commission under existing regulations and reporting requirements adopted under the FPA.

Annual Cost to Federal Government: $668,921

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. 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? No

Agency Contact: Christopher Kozler 734 239-3294 christopher.kozler@ferc.gov

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