FR 2025-01975

Overview

Title

Annual Update of Filing Fees

Agencies

ELI5 AI

The Energy Department has decided to change the money it charges for some of its services to match what it spent in the past year. These new prices will start on March 3, 2025, and the decision was made without asking for public opinions.

Summary AI

The Federal Energy Regulatory Commission (FERC), part of the Department of Energy, has issued a final rule to update its filing fees based on costs for Fiscal Year 2024. These changes, effective March 3, 2025, adjust fees arising from specific services and benefits provided to identifiable beneficiaries. The rule is classified as procedural and, therefore, exempt from public comment and additional information collection requirements. It includes changes in several fee sections, like increasing the fees for specific services as detailed in the amendments to part 381 of the Commission's regulations.

Abstract

In accordance with the Commission's regulations, the Commission issues this update of its filing fees. This document provides the yearly update using data in the Commission's Financial System to calculate the new fees. The purpose of updating is to adjust the fees on the basis of the Commission's costs for Fiscal Year 2024.

Type: Rule
Citation: 90 FR 8495
Document #: 2025-01975
Date:
Volume: 90
Pages: 8495-8496

AnalysisAI

Summary of the Document

The Federal Energy Regulatory Commission (FERC), a part of the Department of Energy, has released a final rule to update its filing fees. These adjustments are based on the Commission’s expenses for Fiscal Year 2024 and will take effect on March 3, 2025. The changes mainly affect fees related to specific services and benefits offered directly to certain individuals or groups. The rule is classified as procedural, indicating that it is exempt from public comments and additional paperwork demands.

Significant Issues and Concerns

There are several noteworthy issues within this document. Firstly, it does not provide a detailed rationale for the particular fee increases. Without this information, stakeholders and the public might view the process as lacking transparency. Furthermore, while the document mentions that fee adjustments are based on Fiscal Year 2024 costs, it fails to clarify the methodology behind these calculations, raising questions about how these costs were assessed.

Additionally, there is no discussion of how these changes may impact stakeholders or whether any feedback from those affected was considered. Moreover, the language used, especially concerning exemptions from the Environmental Analysis, might be too complex for general readers, which could hinder public understanding.

Lastly, the document does not outline any procedure for stakeholders who wish to appeal or express concerns about the new fees, which might be perceived as limiting stakeholder engagement and input.

Public Impact

For the broader public, the increase in fees outlined in the document may lead to higher costs for services provided by FERC. This change could potentially affect individuals and firms that deal with electric power plants, utilities, and natural gas services. While the document states that the updates will not have a significant economic effect on participants involved in Commission proceedings, the absence of explicit justification for this claim can lead to skepticism among those affected.

Impact on Specific Stakeholders

The updated filing fees may lead to increased operational costs for stakeholders directly dealing with FERC regulations. These stakeholders might include electric power companies, natural gas providers, and other entities involved in energy production and distribution. For such stakeholders, understanding the fee structure and its justification is crucial. The lack of clarity in the document regarding fee calculations and adjustments may inhibit their ability to prepare adequately for these changes.

On the positive side, the document provides access to updated regulatory information and resources via FERC's website, which can support stakeholders in navigating these modifications. However, the failure to engage stakeholders in the decision-making process regarding these changes might diminish trust in the Commission’s processes and decisions.

Financial Assessment

The Federal Register document outlines an update to the filing fees assessed by the Federal Energy Regulatory Commission (FERC). This update reflects adjustments based on the Commission's costs for Fiscal Year 2024, impacting various sections within 18 CFR Part 381. The document provides specific amendments to the fee amounts in several sections, which are pivotal in understanding the financial changes that have been instituted.

Summary of Financial References

The document lists specific changes to the filing fees, indicating increases in several areas:

  • § 381.302: The fee is increased from $37,760 to $40,900.
  • § 381.303: The fee is increased from $55,120 to $59,710.
  • § 381.304: The fee is increased from $28,900 to $31,310.
  • § 381.305: The fee is increased from $10,830 to $11,730.
  • § 381.403: The fee is increased from $18,790 to $20,360.
  • § 381.505: The existing fees of $32,470 and $36,750 are modified to $35,170 and $39,810, respectively.

These adjustments reflect a range of increases, suggesting recalibration based on the Commission’s purported fiscal needs for the 2024 period.

Relation to Identified Issues

One of the primary issues identified is the perceived lack of transparency in how these fee adjustments were determined. The document asserts that the updates are based on the Commission's Fiscal Year 2024 costs but does not detail the methodology or calculations involved. This omission could lead to questions about how accurately these increases reflect actual costs or needs. Providing a clear, detailed breakdown of the cost assessments could mitigate concerns about the legitimacy and necessity of these financial changes.

Additionally, there is no discussion about the potential impact of these fee changes on stakeholders or whether feedback from affected parties was considered in the decision-making process. This absence of stakeholder engagement information may appear limiting, as stakeholders might wish to understand how these fee increases might affect them or argue whether they are justified. Including pathways for appeal or queries could improve stakeholder engagement and foster a more inclusive process.

The brief explanations regarding exemptions from environmental and regulatory procedures might also benefit from simplified language to ensure the general public can efficiently comprehend the reasons behind the administrative actions and their financial implications.

Conclusion

In conclusion, the financial references in the document highlight specific fee increases intended to align with Fiscal Year 2024 costs. However, issues such as transparency in the cost derivation, potential impacts on stakeholders, and clarity in communication require attention to ensure the updates are perceived as fair, necessary, and comprehensible by all parties involved. Providing more thorough explanations and engaging stakeholders more effectively might resolve some of these concerns.

Issues

  • • The document lacks detailed justification for the specific fee increases implemented, which could be perceived as lacking transparency.

  • • The document does not specify how the fee adjustments were calculated based on Fiscal Year 2024 costs, potentially leading to questions about the legitimacy of the cost assessment.

  • • There is no information presented on the potential impact of these fee changes on the stakeholders, including whether any stakeholder feedback was considered.

  • • The language of some sections, such as the explanations of exemptions from the Environmental Analysis, could be simplified to enhance reader comprehension.

  • • The document does not specify any process for stakeholders to appeal or query the new fees, which might be seen as limiting stakeholder engagement.

Statistics

Size

Pages: 2
Words: 1,212
Sentences: 68
Entities: 160

Language

Nouns: 347
Verbs: 72
Adjectives: 51
Adverbs: 14
Numbers: 125

Complexity

Average Token Length:
4.67
Average Sentence Length:
17.82
Token Entropy:
5.31
Readability (ARI):
12.59

Reading Time

about 3 minutes