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 200707-1902-001 · OMB 1902-0234 · Historical Active
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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
New collection (Request for a new OMB Control Number)
FERC is amending 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 is codifying and, in certain respects, revising its current standards for market-based rates for sales of electric energy, capacity, and ancillary services. FERC is retaining several of the core elements of its current standards for granting market-based rates and revising them in certain respects. FERC also proposes to streamline 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 CommissionÂs 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.
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.
RM04-7 Technical Conference comments).pdf
SUPPORTING STATEMENT RM04-7FR.doc
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