Incentives for Advanced Cybersecurity Investment
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Issuing agencies
Abstract
The Federal Energy Regulatory Commission (Commission) is correcting a final rule that appeared in the Federal Register on May 3, 2023. The final rule revised the Commission's regulations to provide incentive-based rate treatment for the transmission of electric energy in interstate commerce and the sale of electric energy at wholesale in interstate commerce by utilities for the purpose of benefitting consumers by encouraging investments by utilities in Advanced Cybersecurity Technology and participation by utilities in cybersecurity threat information sharing programs, as directed by the Infrastructure Investment and Jobs Act of 2021.
Full Text
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<title>Federal Register, Volume 88 Issue 109 (Wednesday, June 7, 2023)</title>
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[Federal Register Volume 88, Number 109 (Wednesday, June 7, 2023)]
[Rules and Regulations]
[Pages 37144-37145]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-12184]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
18 CFR Part 35
[Docket No. RM22-19-000; Order No. 893]
Incentives for Advanced Cybersecurity Investment
AGENCY: Federal Energy Regulatory Commission, Department of Energy.
ACTION: Final rule; correction.
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SUMMARY: The Federal Energy Regulatory Commission (Commission) is
correcting a final rule that appeared in the Federal Register on May 3,
2023. The final rule revised the Commission's regulations to provide
incentive-based rate treatment for the transmission of electric energy
in interstate commerce and the sale of electric energy at wholesale in
interstate commerce by utilities for the purpose of benefitting
[[Page 37145]]
consumers by encouraging investments by utilities in Advanced
Cybersecurity Technology and participation by utilities in
cybersecurity threat information sharing programs, as directed by the
Infrastructure Investment and Jobs Act of 2021.
DATES: The rule is effective July 3, 2023.
FOR FURTHER INFORMATION CONTACT: Alan J. Rukin (Legal Information),
Office of the General Counsel, Federal Energy Regulatory Commission,
888 First Street NE, Washington, DC 20426, (202) 502-8502,
<a href="/cdn-cgi/l/email-protection#1879747976366a6d737176587e7d6a7b367f776e"><span class="__cf_email__" data-cfemail="c3a2afa2adedb1b6a8aaad83a5a6b1a0eda4acb5">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: In FR Doc. 2023-08929 appearing on pages
28348-28380, in the Federal Register of Wednesday, May 3, 2023, the
following corrections are made:
Preamble Corrections
1. On page 28373, in the second column, the first sentence of
paragraph 191 is corrected to read as follows:
191. We note that Sec. 35.48(j) to the Commission's regulations
declares that utilities may request CEII treatment for the portions
of their cybersecurity incentive-based rate filings that contains
CEII. * * *
2. On page 28374, in the third column, the first sentence of
paragraph 203 is corrected to read as follows:
203. We note that Sec. 35.48(j) to the Commission's regulations
declares that utilities may request CEII treatment for the portions
of their cybersecurity incentive-based rate informational reports
that contain CEII. * * *
Regulatory Text Corrections
0
3. Starting on page 28377, in the second column, and going through page
28378, in the second column, in amendatory instruction 2 for Sec.
35.48, paragraphs (d) introductory text, (h)(1), and (j) are corrected
to read as follows:
Sec. 35.48 [Corrected]
* * * * *
(d) Eligibility criteria. Pursuant to paragraphs (e) through (j) of
this section, a utility may receive incentive-based rate treatment for
a cybersecurity investment that:
* * * * *
(h) * * *
(1) A demonstration that the cybersecurity investment satisfies the
eligibility criteria, which includes an attestation that cybersecurity
investment is not mandatory, as required by paragraph (d)(2) of this
section, and that the resulting rate is just and reasonable and not
unduly discriminatory or preferential;
* * * * *
(j) Transmittal of CEII in incentive applications and annual
reports. As appropriate, any CEII submitted to the Commission in a
utility's incentive application made pursuant to paragraph (h) of this
section or contained in its reporting requirements made pursuant to
paragraph (i) of this section shall be filed consistent with part 388
of this title.
* * * * *
Dated: June 1, 2023.
Debbie-Anne A. Reese,
Deputy Secretary.
[FR Doc. 2023-12184 Filed 6-6-23; 8:45 am]
BILLING CODE 6717-01-P
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