FERC-919A, (Final Rule in RM16-17-000) Refinements to Policies and Procedures for Market Based Rates for Wholesale Sales of Electric Energy, Capacity and Ancillary Services by Public Utilities
ICR 201911-1902-003
OMB: 1902-0317
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1902-0317 can be found here:
FERC-919A, (Final Rule in
RM16-17-000) Refinements to Policies and Procedures for Market
Based Rates for Wholesale Sales of Electric Energy, Capacity and
Ancillary Services by Public Utilities
New
collection (Request for a new OMB Control Number)
In accordance
with 5 CFR 1320, the information collection is approved until
10/2022.
Inventory as of this Action
Requested
Previously Approved
10/31/2022
36 Months From Approved
2,666
0
0
60,999
0
0
0
0
0
The related Notice of Proposed
Rulemaking in Docket No. RM16-17 was submitted to OMB under
FERC-919 [(NOPR in RM16-17) Refinements to Policies and Procedures
for Market Based Rates for Wholesale Sales of Electric Energy,
Capacity and Ancillary Services by Public Utilities; ICR
201607-1902-006]. Concurrent with issuance of the Final Rule in
Docket RM16-17, there was another unrelated Final Rule affecting
FERC-919 (in ICR 201907-1902-004, approved 10/2/2019). In order to
submit this Final Rule in Docket RM16-17 timely to OMB, we
submitted it (as stated in the supporting statement for ICR
201907-1902-001) under a temporary placeholder information
collection number FERC-919A. As required by OMB's decision on
11/4/2019, this ICR is a re-submittal of that information
indicating it is a rulemaking activity. (Please note that the
60-day metadata here reflects the NOPR, and the 30-day metadata
reflects the final rule. That was done so that the ROCIS system
doesn't require it to be an 'emergency' submittal. The RIN and
metadata related to the Final Rule are also included.) The Final
Rule in Docket RM16-17-000 amends the Commission’s regulations
governing market-based rates for public utilities. The Commission
will collect certain information currently filed in the electric
market-based rate program in a consolidated and streamlined manner
through a relational database. The relational database construct
modernizes the Commission’s data collection processes, eliminates
duplications, and renders information collected usable and
accessible. The Commission does not adopt the proposal from the
NOPR to collect Connected Entity data from market-based rate
sellers and entities trading virtual or holding financial
transmission rights in this final rule. With respect to the
market-based rate program, the Commission adopts changes that
reduce and clarify the scope of ownership information that Sellers
must provide as part of their market-based rate filings. In
addition, the Commission modifies its regulations to change the
information required in a Seller’s asset appendix as well as the
format through which such information must be submitted. The
revised regulations will require a Seller to update the relational
database on a monthly basis to reflect any changes that have
occurred but will also extend the change in status filing
requirement to a quarterly filing obligation. Finally, the
Commission modifies its regulations to eliminate the requirement
that Sellers submit corporate organizational charts. The purpose of
this data collection is to modernize and streamline the
Commission’s data collection by requiring currently filed
market-based rate information, and new information to be collected
in a consolidated and streamlined manner through a relational
database. This will eliminate duplication and render information
more usable and accessible to the Commission and to the public. The
new information that will be collected includes unit-specific
generation information and long-term firm sales information. This
information will appear as part of the Seller’s asset appendix,
which will be automatically generated by the relational database
and retrievable by the Commission and the public. This information
collection will assist the Commission ensure rates are just and
reasonable. Failing to meet this statutory responsibility could
result in public utilities charging rates that are not just and
reasonable.
US Code:
16
USC 824(d) Name of Law: Federal Power Act
US Code: 16
USC 824(e) Name of Law: Federal Power Act
FERC is revising its
regulations governing market-based rates for public utilities. The
Commission will collect certain information currently filed in the
electric market-based rate program in a consolidated and
streamlined manner through a relational database. The relational
database construct modernizes the Commission’s data collection
processes, eliminates duplications, and renders information
collected through its market-based rate program usable and
accessible for the Commission. The Commission will not adopt the
proposal from the NOPR to collect Connected Entity data from
market-based rate Sellers and entities trading virtual or holding
financial transmission rights in this final rule. With respect to
the market-based rate program, the Commission will adopt changes
that reduce and clarify the scope of ownership information that
Sellers must provide as part of their market-based rate filings. In
addition, the Commission will modify its regulations to change the
information required in a Seller’s asset appendix as well as the
format through which such information must be submitted. The
revised regulations will require a Seller to update the relational
database on a monthly basis to reflect any changes that have
occurred but will also extend the change in status filing
requirement to a quarterly filing obligation. Finally, the
Commission will modify its regulations to eliminate the requirement
that Sellers submit corporate organizational charts.
$5,141,561
No
No
No
No
No
No
Uncollected
Maya Lojanica 202
502-6795
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.