FERC-732, Electric Rate Schedules and Tariffs: Long-Term Firm Transmission Rights in Organized Electricity Markets

ICR 201807-1902-003

OMB: 1902-0245

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2019-01-31
Supplementary Document
2019-01-31
Supplementary Document
2019-01-31
Supplementary Document
2019-01-28
Supplementary Document
2018-12-07
Supplementary Document
2018-12-07
Supplementary Document
2015-12-11
Supplementary Document
2012-12-04
ICR Details
1902-0245 201807-1902-003
Active 201512-1902-001
FERC FERC-732
FERC-732, Electric Rate Schedules and Tariffs: Long-Term Firm Transmission Rights in Organized Electricity Markets
Extension without change of a currently approved collection   No
Regular
Approved without change 03/05/2019
Retrieve Notice of Action (NOA) 02/01/2019
In accordance with 5 CFR 1320, the information collection is approved for three years.
  Inventory as of this Action Requested Previously Approved
03/31/2022 36 Months From Approved 03/31/2019
1 0 1
1,180 0 1,180
0 0 0

The Commission requires all Regional Transmission Organizations (RTOs), Independent Service Operators (ISOs), independent transmission providers, or other independent transmission organizations to make available long-term firm transmission rights to load-serving entities (LSEs). The Commission implemented this policy with Order No. 681, Order No. 681-A and Order No. 681-B, following direction provided by Congress in EPAct 2005, Title VII Section 1233 (b). A summary and needed clarification to the Commission’s policy for long-term firm transmission rights is posted in the OMB clearance package. To ensure that long-term firm transmission rights are made available in organized markets, the Commission requires that RTOs, ISOs, independent transmission providers, or other independent transmission organizations submit tariff sheets and rate schedules that make available long-term firm transmission rights, or alternatively, an explanation of how their current tariff and rate schedule provide for long-term firm transmission rights. These long-term firm transmission rights made available to transmission customers must satisfy each of the guidelines for long-term firm transmission rights set forth in 18 CFR 42.1(d) in order to comply with Commission requirements. All existing RTOs and ISOs were required to submit the applicable tariff sheets and rate schedules and have done so. However, FERC-732 requirements in 18 CFR 42.1(d) continue to apply to any transmission organization approved by the Commission after January 29, 2007. Therefore, a small burden for this reporting requirement remains to ensure FERC is compliant with related Congressional requirements in EPAct 2005.

PL: Pub.L. 109 - 58 1233 Name of Law: Energy Policy Act of 2005
  
None

Not associated with rulemaking

  83 FR 53464 10/23/2018
84 FR 690 01/31/2019
No

1
IC Title Form No. Form Name
FERC-732, Electric Rate Schedule and Tariffs-Long Term Firm Transmission Rights in Organized Electricity Markets

  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 1 0 0 0 0
Annual Time Burden (Hours) 1,180 1,180 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$37,157
No
    No
    No
No
No
No
Uncollected
Lorena Finger 202 502-8201

  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.
02/01/2019


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