In accordance
with 5 CFR 1320, OMB is withholding approval at this time. Prior to
publication of the final rule, the agency must submit to OMB a
summary of all comments related to the information collection
contained in the proposed rule and the agency response. The agency
should clearly indicate any changes made to the information
collection as a result of these comments.
Inventory as of this Action
Requested
Previously Approved
02/28/2009
36 Months From Approved
02/28/2009
33
0
33
3,454
0
3,454
0
0
0
Under RM08-05-000 NOPR, FERC is
amending its financial reporting requirements for the quarterly and
annual financial reporting forms for public utilities and licensees
and proposing changes to improve the forms, reports and statements
to provide, in fuller detail, the information the Commission needs
to carry out its responsibilities under the Federal Power Act (FPA)
to ensure that rates are just and reasonable, and to provide public
utility customers, state commissions, and the public the
information they need to assess the justness and reasonableness of
electric rates. Public utility customers need ready access to data
to make informed assessments regarding the propriety of the rates
charged, particularly customers of utilities without formula rates.
The NOPR proposes changes that would require public utilities to
provide additional information regarding implementing formula rates
and affiliate transactions.
The data now reported in the
forms lacks certain information that the Commission believes will
better permit the Commission and the public to evaluate the filers
jurisdictional rates. The additional information proposed to be
collected by the NOPR will increase the forms usefulness to both
the Commission and the public. Without this information, it would
be difficult for the Commission and the public to assess utility
costs, and thereby ensure that utility rates are just and
reasonable. The Commission has determined that dependable,
affordable, competitive wholesale energy markets require an
adequate infrastructure, balanced market rules, and vigilant
oversight. This proposed rule helps in achieving the goal of
vigilant oversight by providing the Commission with more timely,
relevant, reliable and understandable information from
jurisdictional participants in the energy markets.
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Jane Stelck 202 502-6648
jane.stelck@ferc.gov
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.