2025-04135NoticeWallet

FERC Yawns Through Grid Reliability Form Renewal

Published Date: 3/17/2025

Notice

Summary

FERC is asking for public comments to extend the current paperwork rules for electric reliability, with no changes to the forms or reports. This affects electric companies and organizations that keep our power grid safe and reliable. Comments are due by April 16, 2025, and there’s no new cost or extra paperwork involved.

Analyzed Economic Effects

3 provisions identified: 1 benefits, 2 costs, 0 mixed.

FERC extends FERC-725 reporting unchanged

FERC is extending the FERC-725 information collection (OMB Control No. 1902-0225) for three years with no changes to the reporting or recordkeeping requirements. The Commission estimates the continued annual burden at 1,169,870 hours and $94,436,339 in wages and benefits for affected electric reliability organizations, regional entities, and registered entities.

Five-year ERO performance assessments due in 2025

The Electric Reliability Organization (ERO) must submit a performance assessment to FERC every five years, and the next assessment is due in 2025; each Regional Entity also submits a performance assessment to the ERO. FERC estimates that registered entities (3,735 U.S. unique entities) face reliability compliance activities that total 672,300 hours and $54,274,779 annually for that compliance category alone.

No expected new ERO application burden

FERC is renewing the regulations for applications to become the Electric Reliability Organization but states it does not expect any new ERO applications in the next five years and therefore is not including any burden for new ERO applications in the burden estimate. The Commission retains the regulatory framework for ERO applications (18 CFR 39.3) but expects the foreseeable burden for that specific requirement to be zero.

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Key Dates

Published Date
3/17/2025

Department and Agencies

Department
Independent Agency
Agency
Energy Department
Federal Energy Regulatory Commission
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