FERC-516, (Final Rule in RM10-22-000) Electric Rate Schedules and Tariff Filings

ICR 201010-1902-001

OMB: 1902-0096

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2010-12-03
Supporting Statement A
2010-12-03
Supplementary Document
2010-08-24
Supplementary Document
2010-08-24
Supplementary Document
2010-08-05
Supplementary Document
2010-08-05
Supplementary Document
2010-08-05
Supplementary Document
2010-08-05
ICR Details
1902-0096 201010-1902-001
Historical Active 201008-1902-001
FERC FERC-516
FERC-516, (Final Rule in RM10-22-000) Electric Rate Schedules and Tariff Filings
Revision of a currently approved collection   No
Regular
Approved with change 12/21/2010
Retrieve Notice of Action (NOA) 10/22/2010
In accordance with 5 CFR 1320, the information collection is approved for three years. Upon resubmission, the agency should estimate annual cost burdens the same way across all ICs.
  Inventory as of this Action Requested Previously Approved
12/31/2013 36 Months From Approved 10/31/2013
4,644 0 4,512
461,901 0 460,581
143,556 0 143,556

FERC requests OMB review and extend its approval of FERC-516 Electric Rate Schedule Filings. FERC-516 will be affected because the Commission adopted in a Final Rule, RM010-22-000 “Promoting a Competitive Market for Capacity Reassignment” to direct transmission providers to modify their open access transmission tariffs(OATTS). Because the current OATTs reinstate the price cap as of October 1, 2010, transmission providers must revise section 23 of the OATT to lift the price cap. FERC is directing transmission providers to file these changes within 30 days from publication of the Final Rule in the Federal Register. The removal of the price cap is intended to help facilitate the development of a market for electric transmission capacity reassignments as a competitive alternative to transmission capacity acquired directly from the transmission owner. The major portion of the data requested in the Part 35 regulations specifies the rates, terms and conditions of service to support the wholesale customers in a service the utility is proposing to provide. Submission of the information is necessary because the complexity of the utility conditions and terms to provide service. Sufficient detail must be obtained for the Commission to make informed and equitable decisions concerning the appropriate levels of rates and service, and to aid customers and other parties who may wish to challenge the rate proposed by the utility. Through this data collection process, FERC is able to regulate public utilites and licensees by exercising oversight and review of the reported rate schedules and tariffs.

PL: Pub.L. 110 - 140 1301, 1305 Name of Law: Energy Independence and Security Act
   US Code: 16 USC 824(d) Name of Law: Federal Power Act
  
None

1902-AE12 Final or interim final rulemaking 75 FR 58293 09/24/2010

Yes

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 4,644 4,512 0 132 0 0
Annual Time Burden (Hours) 461,901 460,581 0 1,320 0 0
Annual Cost Burden (Dollars) 143,556 143,556 0 0 0 0
Yes
Changing Regulations
No
Because the current OATTS reinstate the price cap as of October 1, 2010, transmission providers will need to revise section 23 of the pro forma OATT. FERC is directing transmission providers to file these changes within 30 days of publication of this Final Rule in the Federal Register. The removal of the price cap is intended to help facilitiate the development of a market for electric transmission capacity reassignments as a competitive alternative to transmission capacity acquired directly from the transmission owner.

$1,505,675
No
No
No
No
No
Uncollected
Cory Lankford 202 502-6711 [email protected]

  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.
10/22/2010


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