In accordance with 5 CFR 1320, the information collection is approved for three years.
Inventory as of this Action
Requested
Previously Approved
05/31/2016
36 Months From Approved
11/30/2015
5,415
0
5,403
497,458
0
497,398
0
0
0
The information from FERC-516 enables FERC to exercise its wholesale electric rate and electric power transmission oversight and enforcement responsibilities in accordance with the Federal Power Act. Sufficient detail must be obtained for FERC to make an informed and equitable decision concerning the appropriate level of rates, and to aid customers and other parties who may wish to challenge the rate proposed by the utility. Other more abbreviated data requirements are required where utility filings involve (1) non-rate increase applications, such as changes in the points where electricity is delivered to a customer, (2) formula rates, (3) settlement rates, and (4) qualifying small power producer rates. The final rule only requires certain entities to make a tariff filing to incorporate by reference the business practice standards discussed in this supporting statement.
The Commission uses the information in rate and tariff proceedings to review proposed rate and tariff changes by public utilities, for general industry oversight, and to supplement the documentation used during the Commission's audit process. The collection of this information is necessary to meet the legal requirements, namely the statutory obligations under sections 205 and 206 of the FPA, to prevent unduly discriminatory practices.
Failure to issue these requirements would mean FERC is not meeting its statutory obligations and permitting discrimination in interstate transmission services provided by the public utilities. FERC believes the implementation of these data requirements will help FERC carry out its responsibilities under the Federal Power Act of promoting the efficiency of the electric industry's operations.
There is a minimal increase in burden associated with the respondents filing tariff revisions to incorporate provisions of the new standards. The final rule requires entities to submit tariff modifications to the Commission. FERC estimates that each entity will submit one tariff modification for each type of NAESB standard contained in this rule. The Commission estimates each tariff filing to require 5 hours. The total change is 12 responses at 5 hours per response leading to a total of 60 additional hours. In the proposed rule submission to OMB the Commission indicated an additional 6 responses, as opposed to the 12 additional responses shown below. We use 12 responses because it better accounts for the actual number of tariff filings each respondent must make (one per each type of standard). The total number of additional hours did not change from the proposed rule to the final rule. The Commission shows 12 responses in this submittal.
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.