FERC-915, Public Utility Market-Based Rate Authorization Holders – Records Retention Requirements

Forms and Documents

Document Name	Status
Supp Stmt FERC-915 forOMBb.doc Supporting Statement A	2009-06-10
915old_vs_new_burden_cost.doc Supplementary Document	2009-06-10

IC Document Collections

IC ID	Document Title	Status
23270	FERC-915, Public Utility Market-Based Rate Authorization Holders – Records Retention Requirement	Modified

ICR Details

OMB Control No: 1902-0223	ICR Reference No: 200906-1902-003
Status: Historical Active	Previous ICR Reference No: 200605-1902-012
Agency/Subagency: FERC	Agency Tracking No: FERC-915
Title: FERC-915, Public Utility Market-Based Rate Authorization Holders – Records Retention Requirements
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/14/2009
	Date Received in OIRA: 06/10/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2012	36 Months From Approved	09/30/2009
Responses	1,150	0	1,150
Time Burden (Hours)	1,150	0	2,300
Cost Burden (Dollars)	439,408	0	0

---

Abstract: FERC is requesting extension of the record retention requirement FERC-915 , “Public Utility Market-Based Rate Authorization Holders – Records Retention Requirement,” OMB Control No. 1902-0223. In accordance with the Federal Power Act, the Department of Energy Organization Act (DOE Act), and the Energy Policy Act of 2005 (EPAct 2005), the Commission regulates the transmission and wholesale sales of electricity in interstate commerce, monitors and investigates energy markets, uses civil penalties and other means against energy organizations and individuals who violate FERC rules in the energy markets, and administers accounting and financial reporting regulations and oversees conduct of regulated companies. The Commission imposes the FERC-915 record retention requirement, in 18 CFR 35.41(d), on applicable sellers to retain, for a period of five years, all data and information upon which they bill the prices charged for “electric energy or electric energy products it sold pursuant to Seller's market-based rate tariff, and the prices it reported for use in price indices.”

---

Authorizing Statute(s): None

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 15474	04/06/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 27520	06/10/2009
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
FERC-915, Public Utility Market-Based Rate Authorization Holders – Records Retention Requirement

---

ICR Summary of Burden

	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	1,150	1,150	0	0	0	0
Annual Time Burden (Hours)	1,150	2,300	0	0	-1,150	0
Annual Cost Burden (Dollars)	439,408	0	0	0	439,408	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: In this clearance package, the current estimate submitted for industry cost is a reduction, reflecting the increased use, and less expensive cost, of electronic records storage.

---

Annual Cost to Federal Government: $1,480

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]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

---

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: 06/10/2009

---