Notice2022-15394
60-Day Notice of Proposed Information Collection: Wholesale Contracts for the Purchase and Sale of Electric Power; OMB Control No. 0572-0089
Primary source
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Published
July 19, 2022
Issuing agencies
Agriculture DepartmentRural Utilities Service
Abstract
In accordance with the Paperwork Reduction Act of 1995, the United States Department of Agriculture (USDA), Rural Utilities Service (RUS), announces its' intention to request an extension of a currently approved information collection and invites comments on this information collection.
Full Text
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<title>Federal Register, Volume 87 Issue 137 (Tuesday, July 19, 2022)</title>
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[Federal Register Volume 87, Number 137 (Tuesday, July 19, 2022)]
[Notices]
[Pages 42996-42997]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-15394]
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DEPARTMENT OF AGRICULTURE
Rural Utilities Service
[Docket No. RUS-22-AGENCY-0036]
60-Day Notice of Proposed Information Collection: Wholesale
Contracts for the Purchase and Sale of Electric Power; OMB Control No.
0572-0089
AGENCY: Rural Utilities Service, Agriculture (USDA).
ACTION: Notice; request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the
United States Department of Agriculture (USDA), Rural Utilities Service
(RUS), announces its' intention to request an extension of a currently
approved information collection and invites comments on this
information collection.
DATES: Comments on this notice must be received by September 19, 2022
to be assured of consideration.
ADDRESSES: Comments may be submitted electronically by the Federal
eRulemaking Portal: Go to <a href="https://www.regulations.gov">https://www.regulations.gov</a> and, in the
``Search Field'' box, labeled ``Search for Rules, Proposed Rules,
Notices or Supporting Documents,'' enter the following docket number:
(RUS-22-AGENCY-0036). To submit or view public comments, click the
``Search'' button, select the ``Documents'' tab, then select the
following document title: (60-Day Notice of Proposed Information
Collection: Wholesale Contracts for the Purchase and Sale of Electric
Power; OMB Control No.: 0572-0089) from the ``Search Results'' and
select the ``Comment'' button. Before inputting your comments, you may
also review the ``Commenter's Checklist'' (optional). Insert your
comments under the ``Comment'' title, click ``Browse'' to attach files
(if available). Input your email address and select ``Submit Comment.''
Information on using <a href="http://Regulations.gov">Regulations.gov</a>, including instructions for
accessing documents, submitting comments, and viewing the docket after
the close of the comment period, is available through the site's
``FAQ'' link.
Other Information: Additional information about Rural Development
and its programs is available on the internet at <a href="https://www.rd.usda.gov">https://www.rd.usda.gov</a>.
All comments will be available for public inspection online at the
Federal eRulemaking Portal (<a href="https://www.regulations.gov">https://www.regulations.gov</a>).
FOR FURTHER INFORMATION CONTACT: Crystal Pemberton, Management Analyst,
Branch 1, Rural Development Innovation Center--Regulations Management
Division, United States Department of Agriculture, 1400 Independence
Avenue SW, South Building, Washington, DC 20250-1522. Telephone: (202)
260-8621. Email: <a href="/cdn-cgi/l/email-protection#c685b4bfb5b2a7aae896a3aba4a3b4b2a9a886b3b5a2a7e8a1a9b0"><span class="__cf_email__" data-cfemail="501322292324313c7e00353d323522243f3e10252334317e373f26">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The Office of Management and Budget's (OMB)
regulation (5 CFR part 1320) implementing provisions of the Paperwork
Reduction Act of 1995 (Pub. L. 104-13) requires that interested members
of the public and affected agencies have an opportunity to comment on
information collection and recordkeeping activities (see 5 CFR
1320.8(d)). This notice identifies the following information collection
that RUS is submitting to OMB as extension to an existing collection
with Agency adjustment.
Title: Wholesale Contracts for the Purchase and Sale of Electric
Power.
OMB Control Number: 0572-0089.
Expiration Date of Approval: November 30, 2022.
Type of Request: Extension of a currently approved information
collection.
Estimate of Burden: Public reporting burden for this collection of
information is estimated to average 6 hours per response.
Respondents: Small business or other for-profit; not-for-profit
organizations.
Estimated Number of Respondents: 10.
Estimated Number of Responses per Respondent: 1.
Estimated Total Annual Burden on Respondents: 60 hours.
Abstract: Most RUS financed electric systems are cooperatives and
are organized in a two-tiered structure. Retail customers are members
of the distribution system that provides electricity to their homes and
business. Distribution cooperatives, in turn, are members of power
supply cooperatives, also known as generation and transmission
cooperatives (G&T's) that generate or purchase power and transmit the
power to the distribution systems.
For a distribution system, a lien on the borrower's assets
generally represents adequate security. However, since most G&T
revenues flow from its distribution members, RUS requires, as a
condition of a loan or loan guarantee to a G&T the long-term
requirements wholesale power contract (WPC) to purchase their power
from the G&T at rates that cover all the G&T's expenses, including debt
service and margins. RUS considers Form 444 as an example for the G&T's
to utilize as either their WPC or create their own WPC if it has all
the same information as the form. The WPC is specialized based on the
combined requirements of the G&T and its members. The WPC is used by
RUS G&T borrowers to enter into agreement with their distribution
members for purchase of power from the G&T. The WPC is prepared and
executed by the G&T and each member and by RUS and the information
allows RUS to determine credit quality and credit worthiness to
determine repayment ability for loans and loan guarantees.
Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information will have practical utility;
(b) the accuracy of the agency's estimate of the burden of the
collection of information including the validity of the methodology and
assumptions used;
(c) ways to enhance the quality, utility and clarity of the
information to be collected; and
(d) ways to minimize the burden of the collection of information on
respondents, including the use of appropriate automated, electronic,
mechanical, or other technological collection techniques or other forms
of information technology. All responses to this notice will be
summarized and included in the request for OMB
[[Page 42997]]
approval. All comments will become a matter of public record.
Copies of this information collection can be obtained from Crystal
Pemberton, Rural Development Innovation Center--Regulations Management
Division, at (202) 260-862. Email: <a href="/cdn-cgi/l/email-protection#d89baaa1abacb9b4f688bdb5babdaaacb7b698adabbcb9f6bfb7ae"><span class="__cf_email__" data-cfemail="4f0c3d363c3b2e23611f2a222d2a3d3b20210f3a3c2b2e61282039">[email protected]</span></a>.
All responses to this notice will be summarized and included in the
request for OMB approval. All comments will also become a matter of
public record.
Christopher McLean,
Acting Administrator, Rural Utilities Service.
[FR Doc. 2022-15394 Filed 7-18-22; 8:45 am]
BILLING CODE 3410-XV-P
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