Please resubmit
this ICR as a revision request since forms were deleted and
modified.
Inventory as of this Action
Requested
Previously Approved
09/30/2019
36 Months From Approved
11/30/2019
11,275
0
11,275
230,032
0
230,032
0
0
0
EQR information allows the Commission
and the public to gain a more complete picture of interstate
wholesale electric power and transmission markets by providing
information concerning price formation and market concentration in
these markets. Public access to power sales and
transmission-related information in the EQR improves market
participants’ ability to assess supply and demand fundamentals and
to price interstate wholesale electric market transactions. This,
in turn, results in greater market confidence, lower transaction
costs, and ultimately supports competitive markets. In addition,
the data filed in the EQR strengthens the Commission’s ability to
exercise its oversight and enforcement responsibilities of
wholesale electric and electric power transmission rates in
accordance with the Federal Power Act. Without this information,
the Commission would lack some of the data it needs to examine and
approve or modify electric rates. It also strengthens the
Commission’s ability to identify potential exercises of market
power or manipulation and to better evaluate the competitiveness of
interstate wholesale electric markets.
There are no program changes or
changes to the reporting or record keeping requirements in the
FERC-920, however we are program decrease (due to completed
reporting requirements) and adjustments as described in the
supporting statement. Adjustments. Due to market fluctuation, the
number of responses has increased (from 7,344 to 10,380) and
resulted in the burden increasing from 140,087 hours to 187,878
hours. Program Decreases. Further, FERC-920 contains one-time
implementation burden related to three unrelated FERC activities.
Details on those activities follow: • One-time implementation
burden related to RM10-12-000 Final Rule (1,836 responses and
77,540 hours annually); • One-time implementation burden related to
RM12-3-000 Final Rule (1,836 responses and 11,887 hours annually);
and • One-time implementation burden related to RM15-2-000 Final
Rule (259 responses and 518 hours annually). These three activities
total to 3,931 responses and 89,945 hours annually. All of their
requirements have been completed and should no longer be part of
the FERC-920 information collection. All of these one-time
requirements are being removed within this ICR. The total requested
burden for FERC-920 in this ICR reflects the removal of these
one-time requirements (program decrease) and the increased burden
due to market fluctuation (adjustment in estimate).
$1,675,742
No
No
No
No
No
No
Uncollected
Donald Callow 202
502-8838
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.