[Federal Register: February 26, 2008 (Volume 73, Number 38)]
[Notices]
[Page 10236-10237]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr26fe08-40]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC08-523-000, FERC-523]
Commission Information Collection Activities, Proposed
Collection; Comment Request; Extension
February 20, 2008.
AGENCY: Federal Energy Regulatory Commission, DOE.
ACTION: Notice.
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SUMMARY: In compliance with the requirements of section 3506(c)(2)(a)
of the Paperwork Reduction Act of 1995 (Pub. L. No. 104-13), the
Federal Energy Regulatory Commission (Commission) is soliciting public
comment on the specific aspects of the information collection described
below.
DATES: Comments on the collection of information are due April 25,
2008.
ADDRESSES: Copies of sample filings of the proposed information
collection can be obtained from the Commission's Web site (http://
www.ferc.gov/docs-filings/elibrary.asp) or from the Federal Energy
Regulatory Commission, Attn: Michael Miller, Office of the Executive
Director, ED-34, 888 First Street NE., Washington, DC 20426. Comments
may be filed either in paper format or electronically. Those parties
filing electronically do not need to make a paper filing. For paper
filing, the original and 14 copies of such comments should be submitted
to the Office of the Secretary, Federal Energy Regulatory Commission,
888 First Street NE., Washington, DC 20426 and refer to Docket No.
IC08-523-000.
Documents filed electronically via the Internet must be prepared in
WordPerfect, MS Word, Portable Document Format, or ASCII format. To
file the document, access the Commission's Web site at http://
www.ferc.gov, choose the Documents & Filings tab, click on eFiling,
then follow the instructions given. First time users will have to
establish a user name and password. The Commission will send an
automatic acknowledgement to the sender's e-mail address upon receipt
of comments.
All comments may be viewed, printed or downloaded remotely via the
Internet through FERC's homepage using the ``eLibrary'' link. For user
assistant, contact fercolinesupport@ferc.gov or toll-free at (866) 208-
3676. or for TTY, contact (202) 502-8659.
FOR FURTHER INFORMATION CONTACT: Michael Miller may be reached by
telephone at (202) 502-8415, by fax at (202) 273-0873, and by e-mail at
michael.miller@ferc.gov.
SUPPLEMENTARY INFORMATION: The information collection under the
requirements of FERC-523 ``Applications for Authorization of Issuance
of Securities.''
Under Federal Power Act (FPA) section 204, 16 U.S.C. 824c:
no public utility or licensee shall issue any security, or assume
any obligation or liability as guarantor, indorser, surety, or
otherwise in respect of any security of another person, unless and
until, and then only to the extent that, upon application by the
public utility, the Commission by order authorized such issue or
assumption of the liability. The Commission shall make such order if
it finds that such issue or assumption (a) is for lawful object,
within the corporate purposes of the applicant and compatible with
the public interest, which is necessary or appropriate for or
consistent with the proper performance by the applicant of service
as a public utility and which will not impair its ability to perform
that service, and (b) is reasonably necessary or appropriate for
such purposes.* * *
The Commission uses the information contained in filings to
determine its acceptance and/or rejection for granting applications for
authorization to either issue securities or to assume an obligation or
liability by the public utilities and their licensees who make these
applications.
The Commission implements this statute through its regulations,
which are found at 18 CFR Part 34; sections 131.43 and 131.50 of 18 CFR
Part 131prescribe the required format for the filings. The information
is filed electronically.
Action: The Commission is requesting a three-year extension of the
current expiration date with no changes to the current reporting
requirements.
Burden Statement: Public reporting burden for this collection is
estimated as:
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Number of Number of Average burden Total annual
responses responses per hours per burden hours
annually (1) respondent (2) response (3) (1)x(2)x(3)
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60 1 88 5280
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The estimated total cost to respondents is $320,821 [5,280 hours
divided by 2080 hours \1\ times $126,384 \2\ equals $320,821]. The cost
of filing FERC-523, per respondent, is $5,347 (rounded-off).
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\1\ Number of hours an employee works each year.
\2\ Average annual salary per employee.
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The reporting burden includes the total time, effort, or financial
resources expended to generate, maintain, retain, disclose, or provide
the information including: (1) Reviewing instructions; (2) developing,
acquiring, installing, using technology and systems for the purposes of
collecting, validating, verifying, processing, maintaining, disclosing
and providing information; (3) adjusting the existing ways to comply
with any previously applicable filing instructions and requirements;
(4) training personnel to respond to this collection of information;
(5) searching data sources; (6) completing and reviewing the collection
of information; and (7) transmitting, or otherwise disclosing the
information. The cost estimate for respondents is based upon salaries
for professional and clerical support, as well as direct and indirect
overhead costs. Direct costs include all costs directly attributable to
providing this information, such as administrative costs and the cost
for information technology. Indirect or overhead costs are costs
incurred by an organization in support of its mission. These costs
apply to activities which benefit the
[[Page 10237]]
whole organization rather than any one particular function or activity.
Comments are invited on the accuracy of the agency's burden
estimate of the proposed information collection, including the validity
of the methodology and assumptions used to calculate the reporting
burden; and ways to enhance the quality, utility and clarity of the
information to be collected.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. E8-3566 Filed 2-25-08; 8:45 am]
BILLING CODE 6717-01-P