The Federal Energy Regulatory Commission (FERC) is inviting public comments on their information collection requirements for Electric Rate Schedules and Tariff Filings, known as FERC-516G. This collection focuses on organized wholesale electric power markets and includes activities like reporting monthly uplift payments and commitments by Regional Transmission Organizations and Independent System Operators. Comments are due by April 26, 2021, and FERC is seeking input on various aspects including the necessity, cost estimates, and potential burden reduction for this information collection.
Simple Explanation
The Federal Energy Regulatory Commission (FERC) wants people to share their thoughts on some important rules that help organize power companies. They are checking to make sure that the rules make sense and aren't too hard to follow, but they need others to tell them what they think and if there are any problems.