Electric Rate Schedule Filings: RM04-7-000 Final Rule: Market Based Rates for Wholesale Sales of Electric Energy, Capacity and Ancillary Services by Public Utilities
ICR 200910-1902-004
OMB: 1902-0234
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1902-0234 can be found here:
Electric Rate Schedule
Filings: RM04-7-000 Final Rule: Market Based Rates for Wholesale
Sales of Electric Energy, Capacity and Ancillary Services by Public
Utilities
No
material or nonsubstantive change to a currently approved
collection
In accordance
with 5 CFR 1320, the information collection is approved for 3
years. However, in response to comments addressing these proposed
amendments, the agency intends to issue a final rule on rehearing.
When the agency resubmits on that rulemaking action, it is strongly
recommended that it substantively address those comments and any
related burden estimate changes in its submission.
Inventory as of this Action
Requested
Previously Approved
11/30/2010
11/30/2010
11/30/2010
940
0
940
71,200
0
71,200
0
0
0
FERC amended its regulations to add a
new Subpart (Subpart H of Part 35, 18 CFR) governing market-based
rates for public utilities in accordance with the Federal Power
Act(FPA). FERC codified and, in certain respects, revised its
current standards for market-based rates for sales of electric
energy, capacity, and ancillary services. FERC retained several of
the core elements of its current standards for granting
market-based rates and revising them in certain respects. FERC also
streamlined aspects of its filing requirements to reduce the
administrative burdens on applicants, customers and on
FERC.
This Final Rule represents a
major step in the Commissions efforts to clarify and codify its
market-based rate policy by providing a rigorous up-front analysis
of whether market-based rates should be granted, including
protective conditions and ongoing filing requirements in all
market-based rate authorizations, and reinforcing its ongoing
oversight of market-based rates. The specific components of this
rule, in conjunction with other regulatory activities, are designed
to ensure that market-based rates charged by public utilities are
just and reasonable.
$793,891
No
No
Uncollected
Uncollected
No
Uncollected
Elizabeth Arnold 202 502-8818
elizabeth.arnold@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.