Notice2022-21763
Commission Information Collection Activities (FERC-915) Comment Request; Extension
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 6, 2022
Issuing agencies
Energy DepartmentFederal Energy Regulatory Commission
Abstract
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 currently approved information collection FERC-915 (Public Utility Market-Based Rate Authorization Holders--Records Retention Requirements).
Full Text
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<title>Federal Register, Volume 87 Issue 193 (Thursday, October 6, 2022)</title>
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[Federal Register Volume 87, Number 193 (Thursday, October 6, 2022)]
[Notices]
[Pages 60677-60678]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-21763]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC22-27-000]
Commission Information Collection Activities (FERC-915) Comment
Request; Extension
AGENCY: Federal Energy Regulatory Commission.
ACTION: Notice of information collection and request for comments.
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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 currently approved
information collection FERC-915 (Public Utility Market-Based Rate
Authorization Holders--Records Retention Requirements).
DATES: Comments on the collection of information are due December 5,
2022.
ADDRESSES: You may submit your comments (identified by Docket No. IC22-
27-000) by one of the following methods:
[[Page 60678]]
Electronic filing through <a href="http://www.ferc.gov">http://www.ferc.gov</a>, is preferred.
<bullet> Electronic Filing: Documents must be filed in acceptable
native applications and print-to-PDF, but not in scanned or picture
format.
<bullet> For those unable to file electronically, comments may be
filed by USPS mail or by hand (including courier) delivery:
[cir] Mail via U.S. Postal Service Only: Addressed to: Federal
Energy Regulatory Commission, Secretary of the Commission, 888 First
Street NE, Washington, DC 20426.
[cir] Hand (Including Courier) Delivery: Addressed to: Federal
Energy Regulatory Commission, Secretary of the Commission,12225 Wilkins
Avenue, Rockville, MD 20852.
Instructions: All submissions must be formatted and filed in
accordance with submission guidelines at: <a href="http://www.ferc.gov">http://www.ferc.gov</a>. For user
assistance, contact FERC Online Support by email at
<a href="/cdn-cgi/l/email-protection#cfa9aabdaca0a1a3a6a1aabcbabfbfa0bdbb8fa9aabdace1a8a0b9"><span class="__cf_email__" data-cfemail="85e3e0f7e6eaebe9ecebe0f6f0f5f5eaf7f1c5e3e0f7e6abe2eaf3">[email protected]</span></a>, or by phone at (866) 208-3676 (toll-free).
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 <a href="http://www.ferc.gov">http://www.ferc.gov</a>.
FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at
<a href="/cdn-cgi/l/email-protection#3a7e5b4e5b79565f5b485b54595f7a7c7f6879145d554c"><span class="__cf_email__" data-cfemail="e6a2879287a58a83879487888583a6a0a3b4a5c8818990">[email protected]</span></a>, telephone at (202) 502-8663.
SUPPLEMENTARY INFORMATION:
Title: FERC-915, Public Utility Market-Based Rate Authorization
Holders--Records Retention Requirements.
OMB Control No. 1902-0250.
Type of Request: Three-year extension of the FERC-915 information
collection requirements with no changes to the current record retention
requirements.
Abstract: In accordance with the Federal Power Act, the Department
of Energy Organization Act (DOE Act), and the Energy Policy Act of 2005
(EPAct 2005), the Commission regulates the transmission and wholesale
sales of electricity in interstate commerce, monitors and investigates
energy markets, uses civil penalties and other means against energy
organizations and individuals who violate FERC rules in the energy
markets, administers accounting and financial reporting regulations,
and oversees conduct of regulated companies.
The Commission imposes the FERC-915 record retention requirements,
in 18 CFR 35.41(d), on applicable sellers to retain, for a period of
five years, all data and information upon which they bill the prices
charged for ``electric energy or electric energy products sold pursuant
to Seller's market-based rate tariff, and the prices it reported for
use in price indices.''
The record retention period of five years is necessary due to the
importance of records related to any investigation of possible
wrongdoing and related to assuring compliance with the codes of conduct
and the integrity of the market. The requirement is necessary to ensure
consistency with the rule prohibiting market manipulation (adopted in
Order No. 670 \1\) and the generally applicable statute of limitations
where the Commission seeks civil penalties for violations of the Anti-
Manipulation Rules or other rules, regulations, or orders to which the
price data may be relevant.
Type of Respondent: Sellers, as that term is defined in 18 CFR
35.36
Estimate of Annual Burden: \2\ The Commission estimates the annual
public reporting burden and cost \3\ (rounded) for the information
collection as follows:
FERC--915, Public Utility Market-Based Rate Authorization Holders--Records Retention Requirements
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Annual number Annual cost
Number of of responses Total number of Average burden & cost Total annual burden hours per
FERC requirement respondents per responses per response & cost respondent
respondent ($)
(1) (2) (1) * (2) = (3) (4).................... (3) * (4) = (5)............ (5) / (1)
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FERC-915....................... 2,510 1 2,510 1 hr.; $34.00.......... 2,510 hrs.; $85,340........ $34.00
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Total...................... .............. .............. 2,510 ....................... 2,510 hrs.; $85,340........ ..............
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In addition, there are records storage costs. For all respondents,
we estimate a total of 65,000 cu. ft. of records in off-site storage.
Based on an approximate storage cost of $0.24 per cubic foot, we
estimate total annual storage cost to be $15,600.00 (or $6.22 annually
per respondent). The total annual cost for all respondents (burden cost
plus off-site storage) is $100,940.00 (or $85,340 + $15,600); the
average total annual cost per respondent is $40.22 ($6.22 + $34.00).\4\
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\1\ Prohibition of Energy Market Manipulation, Order No. 670, 71
FR 4244 (Jan. 26, 2006), FERC Stats. & Regs. ] 31,202 (2006).
\2\ Burden is defined 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, refer to 5 CFR 1320.3.
\3\ The estimated hourly cost (for wages plus benefits) provided
in this section are based on the figures posted by the Bureau of
Labor Statistics (BLS) for the Utilities section available (at
<a href="https://www.bls.gov/oes/current/naics2_22.htm">https://www.bls.gov/oes/current/naics2_22.htm</a>) and benefits
information (for June 2022, issued March 2022, at <a href="https://www.bls.gov/news.release/ecec.nr0.htm">https://www.bls.gov/news.release/ecec.nr0.htm</a>).
The hourly estimates for salary plus benefits are:
File Clerk (Occupation code: 43-4071), $34.38 an hour. We are
rounding the hourly cost to $34.00.
\4\ Given that the Commission has found (1) that Sellers use
standard computer-based methods to store the retained information
automatically on electronic media and (2) that storage space needed
costs pennies per Gigabyte, estimating burden and storage assuming
use of traditional paper records provides an extreme boundary on the
estimated costs.
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Comments: Comments are invited on: (1) whether the collection of
information is 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 estimate of the burden and
cost of the collection of information, including the validity of the
methodology and assumptions used; (3) ways to enhance the quality,
utility and clarity of the information collection; and (4) ways to
minimize the burden of the collection of information on those who are
to respond, including the use of automated collection techniques or
other forms of information technology.
Dated: September 30, 2022.
Kimberly D. Bose,
Secretary.
[FR Doc. 2022-21763 Filed 10-5-22; 8:45 am]
BILLING CODE 6717-01-P
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