In accordance
with 5 CFR 1320, the information collection is approved for three
years.
Inventory as of this Action
Requested
Previously Approved
12/31/2017
36 Months From Approved
05/31/2016
5,547
0
5,415
498,250
0
497,458
0
0
0
The Federal Power Act Section 205
requires the Federal Energy Regulatory Commission to ensure that
the rates and charges for the wholesale sale of electric energy are
just and reasonable. Section 205 also requires that the rules and
regulations affecting or pertaining to the rates and charges for
the wholesale sale of electric energy be just and reasonable.
Industry-wide business practice standards help the industry achieve
increased levels of efficiency. Version 003 builds on the
Commission's work in preventing undue discrimination and preference
in transmission service (in Order Nos. 890, 890-A, 890-B and 890-C)
and its previous work related to incorporating by reference
standards for business practices and communication protocols for
public utilities (Order Nos. 676, 676-A, 676-E and 717).
The burden for the FERC-516
information collection is increasing so that the industry can
implement the new and revised business practice standards adopted
by NAESB and proposed in the NOPR to be incorporated by reference
into FERC's regulations. For both collections, the burden increase
is small and only one-time. FERC assumes that burden associated
with implementing the new standards is reduced to zero over time
because of the increased efficiencies related to
standardization.
$2,437,394
No
No
No
No
No
Uncollected
Tony Dobbins 202 502-6630
tony.dobbins@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.