81 FR 158 pgs. 54574-54575 - Commission Information Collection Activities (FERC-604 and FERC-923); Consolidated Comment Request; Extension
Type: NOTICEVolume: 81Number: 158Pages: 54574 - 54575
Pages: 54574, 54575Docket number: [Docket No. Ic16-14-000]
FR document: [FR Doc. 2016-19469 Filed 8-15-16; 8:45 am]
Agency: Energy Department
Sub Agency: Federal Energy Regulatory Commission
Official PDF Version: PDF Version
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. Ic16-14-000]
Commission Information Collection Activities (FERC-604 and FERC-923); Consolidated Comment Request; Extension
AGENCY:
Federal Energy Regulatory Commission.
ACTION:
Notice of information collections and request for comments.
SUMMARY:
In compliance with the requirements of the Paperwork Reduction Act of 1995, the Federal Energy Regulatory Commission (Commission or FERC) is soliciting public comment on the requirements and burden?1 of the information collections described below.
Footnotes:
1 ?The Commission defines burden as the total time, effort, or financial resources expended by persons to generate, maintain, retain, or disclose or provide information to or for a Federal agency. For further explanation of what is included in the information collection burden, reference 5 Code of Federal Regulations 1320.3.
DATES:
Comments on the collections of information are due October 17, 2016.
ADDRESSES:
You may submit comments (identified by Docket No. IC16-14-000) by either of the following methods:
• eFiling at Commission's Web site: http://www.ferc.gov/docs-filing/efiling.asp.
• Mail/Hand Delivery/Courier: Federal Energy Regulatory Commission, Secretary of the Commission, 888 First Street NE., Washington, DC 20426.
Please reference the specific collection number and/or title in your comments.
Instructions: All submissions must be formatted and filed in accordance with submission guidelines at: http://www.ferc.gov/help/submission-guide.asp. For user assistance, contact FERC Online Support by email at ferconlinesupport@ferc.gov, or by phone at: (866) 208-3676 (toll-free), or (202) 502-8659 for TTY.
Docket: Users interested in receiving automatic notification of activity in this docket or in viewing/downloading comments and issuances in this docket may do so at http://www.ferc.gov/docs-filing/docs-filing.asp.
FOR FURTHER INFORMATION CONTACT:
Ellen Brown may be reached by email at DataClearance@FERC.gov, telephone at (202) 502-8663, and fax at (202) 273-0873.
SUPPLEMENTARY INFORMATION:
Type of Request: Three-year extension of the information collection requirements for all collections described below with no changes to the current reporting requirements. Please note that each collection is distinct from the next.
Comments: Comments are invited on: (1) Whether the collections of information are necessary for the proper performance of the functions of the Commission, including whether the information will have practical utility; (2) the accuracy of the agency's estimates of the burden and cost of the collections of information, including the validity of the methodology and assumptions used; (3) ways to enhance the quality, utility and clarity of the information collections; and (4) ways to minimize the burden of the collections of information on those who are to respond, including the use of automated collection techniques or other forms of information technology.
FERC-604, Cash Management Agreements
OMB Control No.: 1902-0267.
Abstract: Cash management or "money pool" programs typically concentrate affiliates' cash assets in joint accounts for the purpose of providing financial flexibility and lowering the cost of borrowing.
In a 2001 investigation, FERC staff found that balances in cash management programs affecting FERC-regulated entities totaled approximately $16 billion. Additionally, other investigations revealed large transfers of funds (amounting to more than $1 billion) between regulated pipeline affiliates and non-regulated parents whose financial conditions were precarious. The Commission found that these and other fund transfers and the enormous (mostly unregulated) pools of money in cash management programs could detrimentally affect regulated rates.
To protect customers and promote transparency, the Commission issued Order 634-A (2003) requiring entities to formalize in writing and file with the Commission their cash management agreements. At that time, the Commission obtained OMB clearance for this new reporting requirement under the FERC-555 information collection (OMB Control No. 1902-0098). Now, the Commission includes these reporting requirements for cash management agreements under the FERC-604 information collection (OMB Control No. 1902-0267). The Commission implemented these reporting requirements in 18 CFR parts 141.500, 260.400, and 357.5.
Type of Respondent: Public utilities, natural gas companies, and oil pipeline companies.
Estimate of Annual Burden: The Commission estimates the annual public reporting burden for the information collection as:
Number of respondents | Annual number of responses per respondent | Total number of responses | Average burden & cost per response?2 | Total annual burden hours & total annual cost | Cost per respondent ($) |
---|---|---|---|---|---|
(1) | (2) | (1)*(2) = (3) | (4) | (3)*(4) = (5) | (5) ÷ (1) |
25 | 1 | 25 | 1.5 hrs.; $111.75 | 37.5 hrs.; $2,793.75 | 111.75 |
FERC-923, Communication of Operational Information Between Natural Gas Pipelines and Electric Transmission Operators
Footnotes:
2 ?The estimates for cost per response are derived using the following formula: Average Burden Hours per Response * $74.50 per Hour = Average Cost per Response. The Commission staff believes that the industry's level and skill set is comparable to FERC's with an average hourly cost (wages plus benefits) of $74.50.
OMB Control No.: 1902-0265.
[top] Abstract: In 2013, the Federal Energy Regulatory Commission (FERC or Commission) revised its regulations to provide explicit authority to interstate natural gas pipelines and public utilities that own, operate, or control facilities used for the transmission of electric energy in interstate commerce to voluntarily share non-public, operational information with each other
Type of Respondent: Natural gas pipelines and public utilities.
Estimate of Annual Burden: The Commission estimates the annual public reporting burden for the information collection as:
Footnotes:
3 ?The estimates for cost per response are derived using the following formula: Average Burden Hours per Response * $74.50 per Hour = Average Cost per Response. The Commission staff believes that the industry's level and skill set is comparable to FERC's with an average hourly cost (wages plus benefits) of $74.50.
4 ?The estimate for the number of respondents is based on the North American Electric Reliability Corporation (NERC) Compliance Registry as of July 29, 2016, minus the Transmission Operators within ERCOT.
Number of respondents | Annual number of responses per respondent | Total number of responses | Average burden & cost per response?3 | Total annual burden hours & total annual cost | Cost per respondent ($) | |
---|---|---|---|---|---|---|
(1) | (2) | (1)*(2) = (3) | (4) | (3)*(4) = (5) | (5) ÷ (1) | |
Public Utility Transmission Operator, communications | 4 ?164 | 12 | 1,968 | 0.5 hrs.; $37.25 | 984 hrs.; $73,308 | 447 |
Interstate Natural Gas Pipelines, communications | 155 | 12 | 1,860 | 0.5 hrs.; $37.25 | 930 hrs.; $69,285 | 447 |
Total | 3,828 | 1,914 hrs.; $142,593 |
Dated: August 10, 2016.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2016-19469 Filed 8-15-16; 8:45 am]
BILLING CODE 6717-01-P