Commission Information Collection Activities; FERC Form 2, FERC Form 2A and FERC-523: Comment Request, 45437-45439 [2014-18490]

Download as PDF Federal Register / Vol. 79, No. 150 / Tuesday, August 5, 2014 / Notices grant, the Secretary also considers whether the grantee is operating in compliance with the assurances in its approved application, including those applicable to Federal civil rights laws that prohibit discrimination in programs or activities receiving Federal financial assistance from the Department (34 CFR 100.4, 104.5, 106.4, 108.8, and 110.23). DEPARTMENT OF ENERGY VII. Agency Contact AGENCY: Meredith Miceli, U.S. Department of Education, 400 Maryland Avenue SW., Room 4071, PCP, Washington, DC 20202–2600. Telephone: (202) 245–6028 or by email: Meredith.Miceli@ed.gov. VIII. Other Information mstockstill on DSK4VPTVN1PROD with NOTICES Accessible Format: Individuals with disabilities can obtain this document and a copy of the application package in an accessible format (e.g., braille, large print, audiotape, or compact disc) by contacting the Grants and Contracts Services Team, U.S. Department of Education, 400 Maryland Avenue SW., Room 5075, PCP, Washington, DC 20202–2550. Telephone: (202) 245– 7363. If you use a TDD or a TTY, call the FRS, toll free, at 1–800–877–8339. Electronic Access to This Document: The official version of this document is the document published in the Federal Register. Free Internet access to the official edition of the Federal Register and the Code of Federal Regulations is available via the Federal Digital System at: www.gpo.gov/fdsys. At this site you can view this document, as well as all other documents of this Department published in the Federal Register, in text or Adobe Portable Document Format (PDF). To use PDF you must have Adobe Acrobat Reader, which is available free at the site. You may also access documents of the Department published in the Federal Register by using the article search feature at: www.federalregister.gov. Specifically, through the advanced search feature at this site, you can limit your search to documents published by the Department. [FR Doc. 2014–18476 Filed 8–4–14; 8:45 am] BILLING CODE 4000–01–P VerDate Mar<15>2010 18:16 Aug 04, 2014 Jkt 232001 [Docket No. IC14–12–000] Commission Information Collection Activities; FERC Form 2, FERC Form 2A and FERC–523: Comment Request Federal Energy Regulatory Commission, DOE. ACTION: Comment request. FOR FURTHER INFORMATION CONTACT: Dated: July 31, 2014. Michael K. Yudin, Acting Assistant Secretary for Special Education and Rehabilitative Services. Federal Energy Regulatory Commission In compliance with the requirements of the Paperwork Reduction Act of 1995, 44 U.S.C. 3507(a)(1)(D), the Federal Energy Regulatory Commission (Commission or FERC) is submitting its information collections FERC Form 2 (Major Natural Gas Pipeline Annual Report), FERC Form 2A (Non-major Natural Gas Pipeline Annual Report), and FERC–523 (Applications for Authorization for Issuance of Securities or the Assumption of Liabilities), to the Office of Management and Budget (OMB) for review of the information collection requirements. Any interested person may file comments directly with OMB and should address a copy of those comments to the Commission as explained below. The Commission previously issued a Notice in the Federal Register (79 FR 27589, May 14, 2014) requesting public comments. The Commission received no comments on the FERC Form 2, FERC Form 2A, or FERC–523 and is making this notation in its submittal to OMB. DATES: Comments on the collection of information are due by September 4, 2014. SUMMARY: Comments filed with OMB, identified by the OMB Control Nos. 1902–0028 (FERC Form 2), 1902–0030 (FERC Form 2A), or 1902–0043 (FERC– 523) should be sent via email to the Office of Information and Regulatory Affairs: oira_submission@omb.gov. Attention: Federal Energy Regulatory Commission Desk Officer. The Desk Officer may also be reached via telephone at 202–395–4718. A copy of the comments should also be sent to the Commission, in Docket No. IC14–12–000, by either of the following methods: • eFiling at Commission’s Web site: https://www.ferc.gov/docs-filing/ efiling.asp. • Mail/HandDelivery/Courier: Federal Energy Regulatory Commission, Secretary of the Commission, 888 First Street NE., Washington, DC 20426. Instructions: All submissions must be formatted and filed in accordance with ADDRESSES: PO 00000 Frm 00016 Fmt 4703 Sfmt 4703 45437 submission guidelines at: https://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 https://www.ferc.gov/docsfiling/docs-filing.asp. FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at DataClearance@FERC.gov, by telephone at (202) 502–8663, and by 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 Form 2, Annual Report of Major Natural Gas Companies, & FERC Form 2A, Annual Report of Nonmajor Natural Gas Companies OMB Control Nos.: 1902–0028 & 1902–0030. Abstract: Pursuant to sections 8, 10 and 14 of the National Gas Act (NGA), (15 U.S.C. 717g–717m, Pub. L. 75–688), the Commission is authorized to make investigations and collect and record data, to prescribe rules and regulations concerning accounts, records and memoranda as necessary or appropriate for purposes of administering the NGA. The Commission includes the filing requirements in 18 CFR 260.1 and 260.2. The forms provide information concerning a company’s past performance. The information is compiled using a standard chart of accounts contained in the Commission’s E:\FR\FM\05AUN1.SGM 05AUN1 45438 Federal Register / Vol. 79, No. 150 / Tuesday, August 5, 2014 / Notices Uniform System of Accounts (USofA).1 The forms contain schedules which include a basic set of financial statements: Comparative Balance Sheet, Statement of Income and Retained Earnings, Statement of Cash Flows, and the Statement of Comprehensive Income and Hedging Activities. Supporting schedules containing supplementary information are filed, including revenues and the related quantities of products sold or transported; account balances for various operating and maintenance expenses; selected plant cost data; and other information. The information collected in the forms is used by Commission staff, state regulatory agencies and others in the review of the financial condition of regulated companies. The information is also used in various rate proceedings, industry analyses and in the Commission’s audit programs and, as appropriate, for the computation of annual charges based on Page 520 of the forms. The Commission provides the information to the public, interveners and all interested parties to assist in the proceedings before the Commission. Print versions of the Forms 2 and 2A are located on the Commission’s Web site at https://www.ferc.gov/docs-filing/ forms.asp#2. Type of Respondent: Each natural gas company whose combined gas transported or stored for a fee exceed 50 million dekatherms in each of the previous three years must file the Form 2. Each natural gas company not meeting the filing threshold for the Form 2 but having total gas sales or volume transactions exceeding 200,000 dekatherms in each of the previous three calendar years must submit the Form 2A. Estimate of Annual Burden: The Commission estimates the annual public reporting burden for the information collections as: FERC FORM NO. 2: ANNUAL REPORT OF MAJOR NATURAL GAS COMPANIES AND FERC FORM NO. 2A: ANNUAL REPORT OF NONMAJOR NATURAL GAS COMPANIES Number of respondents Annual number of responses per respondent Total number of responses Average burden hours & 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) FERC Form No. 2 .................................... 92 1 92 FERC Form No. 2A ................................. 66 1 66 FERC–523, Applications for Authorization for Issuance of Securities or the Assumption of Liabilities OMB Control No.: 1902–0043. Abstract: 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, endorser, surety, or otherwise in respect of any security of another person, until the public utility applies for and receives Commission approval by order authorizing the issue or assumption of the liability. The Commission issues an 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 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 of 1,629 $114,844.50 253.39 $17,864 149,868 $10,565,694 16,724 3 $1,179,024 $114,844.50 $17,864 applications for authorization to either issue securities or to assume an obligation or liability by the public utilities and their licensees who submit these applications. The specific application requirements and filing format are found at 18 CFR part 34; and 18 CFR 131.43 and 131.50. The information is filed electronically. Type of Respondent: Public utilities subject to the FPA. Estimate of Annual Burden: The Commission estimates the annual public reporting burden for the information collection as: FERC–523: APPLICATIONS FOR AUTHORIZATION FOR ISSUANCE OF SECURITIES OR THE ASSUMPTION OF LIABILITIES Number of respondents Annual number of responses per respondent Total number of responses Average burden & cost per response 4 Total annual burden hours & total annual cost Cost per respondent ($) (1) (2) (1) * (2) = (3) (4) (3) * (4) = (5) (5) ÷ (1) mstockstill on DSK4VPTVN1PROD with NOTICES FERC–523 ............................................... 1 See 56 18 CFR part 201. estimates for cost per response are derived using the following formula: Average Burden Hours per Response * $70.50 per Hour = Average Cost per Response. The hourly cost figure of $70.50 is the average FERC employee wage plus benefits. We assume that respondents earn at a similar rate. 2 The VerDate Mar<15>2010 18:16 Aug 04, 2014 Jkt 232001 5 1.6 90 3 This figure was listed as ‘‘$1,179,042’’ in the previous public notice. The figure reported here is correct. 4 The estimates for cost per response are derived using the following formula: Average Burden Hours per Response * $70.50 per Hour = Average Cost per Response. The hourly cost figure of $70.50 is the PO 00000 Frm 00017 Fmt 4703 Sfmt 4703 500 $35,250 45,000 $3,172,500 $56,652 average FERC employee wage plus benefits. We assume that respondents earn at a similar rate. 5 Some respondents may be required to provide more than one response. E:\FR\FM\05AUN1.SGM 05AUN1 Federal Register / Vol. 79, No. 150 / Tuesday, August 5, 2014 / Notices Dated: July 30, 2014. Kimberly D. Bose, Secretary. [FR Doc. 2014–18490 Filed 8–4–14; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. CP13–485–000] Texas Gas Transmission, LLC; Notice of Effectiveness of Withdrawal of Application and Termination of Proceeding On June 3, 2014, Texas Gas Transmission, LLC filed a Notice of Withdrawal to withdraw its application under section 7(b) of the Natural Gas Act 1 for authorization to abandon by sale to an affiliate, Boardwalk Pipelines, LP, approximately 568 miles of 26-inchdiameter pipeline on its mainline system from Eunice, Louisiana, through Mississippi and Tennessee to Hardinsburg, Kentucky, as well as associated pipeline facilities in Docket No. CP13–485–000. No motion in opposition to the notice was filed with the Commission within 15 days of the filing and the Commission did not disallow the withdrawal within that period. Therefore, pursuant to 18 CFR 385.216(b) (2014), the withdrawal became effective on June 18, 2014, 15 days from the date of filing of the notice, and the proceeding was terminated. Dated: July 30, 2014. Kimberly D. Bose, Secretary. [FR Doc. 2014–18486 Filed 8–4–14; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission mstockstill on DSK4VPTVN1PROD with NOTICES Combined Notice of Filings #1 Take notice that the Commission received the following electric corporate filings: Docket Numbers: EC14–118–000. Applicants: NaturEner Glacier Wind Energy 1, LLC, NaturEner Glacier Wind Energy 2, LLC, NaturEner Rim Rock Wind Energy, LLC, NaturEner Montana Wind Energy, LLC, NaturEner Power Watch, LLC, NaturEner Wind Watch, LLC, Morgan Stanley Renewable Development Fund. 1 15 U.S.C. 717f(c) (2012). VerDate Mar<15>2010 18:16 Aug 04, 2014 Jkt 232001 Description: Application for Authorization under Section 203 of the FPA, Request for Expedited Consideration, Confidential Treatment and Waivers of NaturEner Glacier Wind Energy 1, LLC, et. al. Filed Date: 7/28/14. Accession Number: 20140728–5173. Comments Due: 5 p.m. ET 8/18/14. Take notice that the Commission received the following electric rate filings: Docket Numbers: ER10–3297–003; ER11–2664–008. Applicants: Powerex Corp. Description: Amendment and Supplement to December 31, 2013 Updated Market Power Analysis for the Northwest Region of Powerex Corp. Filed Date: 7/25/14. Accession Number: 20140725–5144. Comments Due: 5 p.m. ET 8/15/14. Docket Numbers: ER10–3319–015. Applicants: Astoria Energy II LLC. Description: Compliance Filing to Electric Tariff to be effective 7/30/2014. Filed Date: 7/29/14. Accession Number: 20140729–5075. Comments Due: 5 p.m. ET 8/19/14. Docket Numbers: ER11–4333–001. Applicants: Astoria Energy LLC. Description: Compliance Filing for Electric Tariff to be effective 7/30/2014. Filed Date: 7/29/14. Accession Number: 20140729–5071. Comments Due: 5 p.m. ET 8/19/14. Docket Numbers: ER14–1970–002. Applicants: Midcontinent Independent System Operator, Inc. Description: 2014–07–29 Compliance re Prohibited Investments to be effective 7/1/2014. Filed Date: 7/29/14. Accession Number: 20140729–5028. Comments Due: 5 p.m. ET 8/19/14. Docket Numbers: ER14–2223–000. Applicants: Sabine Cogen, LP. Description: Amendment to June 19, 2014 Sabine Cogen, LP tariff filing. Filed Date: 7/28/14. Accession Number: 20140728–5168. Comments Due: 5 p.m. ET 8/18/14. Docket Numbers: ER14–2322–000. Applicants: Chestnut Flats Lessee, LLC. Description: Supplement to June 30, 2013 Triennial Market Power Update for the Northeast Region of Chestnut Flats Lessee, LLC. Filed Date: 7/25/14. Accession Number: 20140725–5065. Comments Due: 5 p.m. ET 8/29/14. Docket Numbers: ER14–2517–000. Applicants: PacifiCorp. Description: BPA AC Intertie Agreement 11th Revised to be effective 9/27/2014. PO 00000 Frm 00018 Fmt 4703 Sfmt 4703 45439 Filed Date: 7/28/14. Accession Number: 20140728–5151. Comments Due: 5 p.m. ET 8/18/14. Docket Numbers: ER14–2518–000. Applicants: New York Independent System Operator, Inc. Description: NYISO Tariff Amendments to Define Certain Outage States and Associated Requirement to be effective 11/1/2014. Filed Date: 7/28/14. Accession Number: 20140728–5152. Comments Due: 5 p.m. ET 8/18/14. Docket Numbers: ER14–2519–000. Applicants: New England Power Company. Description: Notice of Cancellation of New England Power Company Service Agreement for Network Integration Transmission Service with The Narragansett Electric Company. Filed Date: 7/28/14. Accession Number: 20140728–5169. Comments Due: 5 p.m. ET 8/18/14. Docket Numbers: ER14–2520–000. Applicants: NorthWestern Corporation. Description: Revisions to Attachment M (LGIP–LGIA) and Attachment N (SGIA) to Montana OATT to be effective 9/27/2014. Filed Date: 7/29/14. Accession Number: 20140729–5029. Comments Due: 5 p.m. ET 8/19/14. Docket Numbers: ER14–2521–000. Applicants: New England Power Company. Description: Notice of Cancellation of New England Power Company Interconnection Agreement Rate Schedule No. 501 with Dighton Power Associates Limited Partnership. Filed Date: 7/29/14. Accession Number: 20140729–5037. Comments Due: 5 p.m. ET 8/19/14. Docket Numbers: ER14–2522–000. Applicants: MATL LLP. Description: Compliance with Order 792 to be effective 8/1/2014. Filed Date: 7/29/14. Accession Number: 20140729–5055. Comments Due: 5 p.m. ET 8/19/14. Docket Numbers: ER14–2523–000. Applicants: PJM Interconnection, L.L.C. Description: 2nd Quarter 2014 Updates to OA and RAA Membership Lists to be effective 6/30/2014. Filed Date: 7/29/14. Accession Number: 20140729–5067. Comments Due: 5 p.m. ET 8/19/14. Docket Numbers: ER14–2524–000. Applicants: California Independent System Operator Corporation. Description: 2014–07–29_ AnaheimMSSA to be effective 9/28/2014. E:\FR\FM\05AUN1.SGM 05AUN1

Agencies

[Federal Register Volume 79, Number 150 (Tuesday, August 5, 2014)]
[Notices]
[Pages 45437-45439]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-18490]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. IC14-12-000]


Commission Information Collection Activities; FERC Form 2, FERC 
Form 2A and FERC-523: Comment Request

AGENCY: Federal Energy Regulatory Commission, DOE.

ACTION: Comment request.

-----------------------------------------------------------------------

SUMMARY: In compliance with the requirements of the Paperwork Reduction 
Act of 1995, 44 U.S.C. 3507(a)(1)(D), the Federal Energy Regulatory 
Commission (Commission or FERC) is submitting its information 
collections FERC Form 2 (Major Natural Gas Pipeline Annual Report), 
FERC Form 2A (Non-major Natural Gas Pipeline Annual Report), and FERC-
523 (Applications for Authorization for Issuance of Securities or the 
Assumption of Liabilities), to the Office of Management and Budget 
(OMB) for review of the information collection requirements. Any 
interested person may file comments directly with OMB and should 
address a copy of those comments to the Commission as explained below. 
The Commission previously issued a Notice in the Federal Register (79 
FR 27589, May 14, 2014) requesting public comments. The Commission 
received no comments on the FERC Form 2, FERC Form 2A, or FERC-523 and 
is making this notation in its submittal to OMB.

DATES: Comments on the collection of information are due by September 
4, 2014.

ADDRESSES: Comments filed with OMB, identified by the OMB Control Nos. 
1902-0028 (FERC Form 2), 1902-0030 (FERC Form 2A), or 1902-0043 (FERC-
523) should be sent via email to the Office of Information and 
Regulatory Affairs: oira_submission@omb.gov. Attention: Federal Energy 
Regulatory Commission Desk Officer. The Desk Officer may also be 
reached via telephone at 202-395-4718.
    A copy of the comments should also be sent to the Commission, in 
Docket No. IC14-12-000, by either of the following methods:
     eFiling at Commission's Web site: https://www.ferc.gov/docs-filing/efiling.asp.
     Mail/HandDelivery/Courier: Federal Energy Regulatory 
Commission, Secretary of the Commission, 888 First Street NE., 
Washington, DC 20426.
    Instructions: All submissions must be formatted and filed in 
accordance with submission guidelines at: https://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 https://www.ferc.gov/docs-filing/docs-filing.asp.

FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at 
DataClearance@FERC.gov, by telephone at (202) 502-8663, and by 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 Form 2, Annual Report of Major Natural Gas Companies, & FERC Form 
2A, Annual Report of Nonmajor Natural Gas Companies

    OMB Control Nos.: 1902-0028 & 1902-0030.
    Abstract: Pursuant to sections 8, 10 and 14 of the National Gas Act 
(NGA), (15 U.S.C. 717g-717m, Pub. L. 75-688), the Commission is 
authorized to make investigations and collect and record data, to 
prescribe rules and regulations concerning accounts, records and 
memoranda as necessary or appropriate for purposes of administering the 
NGA. The Commission includes the filing requirements in 18 CFR 260.1 
and 260.2.
    The forms provide information concerning a company's past 
performance. The information is compiled using a standard chart of 
accounts contained in the Commission's

[[Page 45438]]

Uniform System of Accounts (USofA).\1\ The forms contain schedules 
which include a basic set of financial statements: Comparative Balance 
Sheet, Statement of Income and Retained Earnings, Statement of Cash 
Flows, and the Statement of Comprehensive Income and Hedging 
Activities. Supporting schedules containing supplementary information 
are filed, including revenues and the related quantities of products 
sold or transported; account balances for various operating and 
maintenance expenses; selected plant cost data; and other information.
---------------------------------------------------------------------------

    \1\ See 18 CFR part 201.
---------------------------------------------------------------------------

    The information collected in the forms is used by Commission staff, 
state regulatory agencies and others in the review of the financial 
condition of regulated companies. The information is also used in 
various rate proceedings, industry analyses and in the Commission's 
audit programs and, as appropriate, for the computation of annual 
charges based on Page 520 of the forms. The Commission provides the 
information to the public, interveners and all interested parties to 
assist in the proceedings before the Commission.
    Print versions of the Forms 2 and 2A are located on the 
Commission's Web site at https://www.ferc.gov/docs-filing/forms.asp#2.
    Type of Respondent: Each natural gas company whose combined gas 
transported or stored for a fee exceed 50 million dekatherms in each of 
the previous three years must file the Form 2. Each natural gas company 
not meeting the filing threshold for the Form 2 but having total gas 
sales or volume transactions exceeding 200,000 dekatherms in each of 
the previous three calendar years must submit the Form 2A.
    Estimate of Annual Burden: The Commission estimates the annual 
public reporting burden for the information collections as:

           FERC Form No. 2: Annual Report of Major Natural Gas Companies and FERC Form No. 2A: Annual Report of Nonmajor Natural Gas Companies
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                          Average burden   Total annual
                                                             Number of     Annual number   Total number    hours & cost   burden hours &     Cost per
                                                            respondents    of responses    of responses    per response    total annual   respondent ($)
                                                                          per respondent                        \2\            cost
                                                                     (1)             (2)     (1) * (2) =             (4)     (3) * (4) =       (5) / (1)
                                                                                                     (3)                             (5)
--------------------------------------------------------------------------------------------------------------------------------------------------------
FERC Form No. 2.........................................              92               1              92           1,629         149,868     $114,844.50
                                                                                                             $114,844.50     $10,565,694
FERC Form No. 2A........................................              66               1              66          253.39          16,724         $17,864
                                                                                                                 $17,864  \3\ $1,179,024
--------------------------------------------------------------------------------------------------------------------------------------------------------

FERC-523, Applications for Authorization for Issuance of Securities or 
the Assumption of Liabilities

    OMB Control No.: 1902-0043.
---------------------------------------------------------------------------

    \2\ The estimates for cost per response are derived using the 
following formula: Average Burden Hours per Response * $70.50 per 
Hour = Average Cost per Response. The hourly cost figure of $70.50 
is the average FERC employee wage plus benefits. We assume that 
respondents earn at a similar rate.
    \3\ This figure was listed as ``$1,179,042'' in the previous 
public notice. The figure reported here is correct.
---------------------------------------------------------------------------

    Abstract: 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, endorser, surety, or 
otherwise in respect of any security of another person, until the 
public utility applies for and receives Commission approval by order 
authorizing the issue or assumption of the liability. The Commission 
issues an 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 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 of applications for 
authorization to either issue securities or to assume an obligation or 
liability by the public utilities and their licensees who submit these 
applications.
    The specific application requirements and filing format are found 
at 18 CFR part 34; and 18 CFR 131.43 and 131.50. The information is 
filed electronically.
    Type of Respondent: Public utilities subject to the FPA.
    Estimate of Annual Burden: The Commission estimates the annual 
public reporting burden for the information collection as:
---------------------------------------------------------------------------

    \4\ The estimates for cost per response are derived using the 
following formula: Average Burden Hours per Response * $70.50 per 
Hour = Average Cost per Response. The hourly cost figure of $70.50 
is the average FERC employee wage plus benefits. We assume that 
respondents earn at a similar rate.
    \5\ Some respondents may be required to provide more than one 
response.

                          FERC-523: Applications for Authorization for Issuance of Securities or the Assumption of Liabilities
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                           Total annual
                                                             Number of     Annual number   Total number   Average burden  burden hours &     Cost per
                                                            respondents    of responses    of responses     & cost per     total annual   respondent ($)
                                                                          per respondent                   response \4\        cost
                                                                     (1)             (2)     (1) * (2) =             (4)     (3) * (4) =       (5) / (1)
                                                                                                     (3)                             (5)
--------------------------------------------------------------------------------------------------------------------------------------------------------
FERC-523................................................              56         \5\ 1.6              90             500          45,000         $56,652
                                                                                                                 $35,250      $3,172,500
--------------------------------------------------------------------------------------------------------------------------------------------------------



[[Page 45439]]

    Dated: July 30, 2014.
Kimberly D. Bose,
Secretary.
[FR Doc. 2014-18490 Filed 8-4-14; 8:45 am]
BILLING CODE 6717-01-P
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