FERC Seeks Comments on Gas Form Extension
Published Date: 3/26/2025
Notice
Summary
FERC is asking the public to comment on extending a form they use to track gas pipeline rate changes. This affects gas companies who report rate updates and helps keep things fair and clear. Comments are due by April 25, 2025, and there’s no new cost or big changes—just a smooth extension of the current process.
Analyzed Economic Effects
4 provisions identified: 1 benefits, 3 costs, 0 mixed.
FERC-545 Extended Three Years
FERC is extending the FERC-545 information collection (OMB Control No. 1902-0154) for three years with no changes to reporting requirements. Comments on the extension are due April 25, 2025. This means jurisdictional natural gas companies must continue to submit tariff, rate, informational, negotiated-rate, NAESB, market-based storage, and Labor-Wage Policy filings as before.
Estimated Annual Burden and Cost
FERC estimates the FERC-545 collection yields about 1,293 total annual responses, requiring 281,323 hours of respondent time and $30,664,240 in total annual respondent costs. The notice lists category examples such as 423 tariff filings and 600 negotiated-rate filings as part of that total.
NAESB Filings Slightly Increase
The notice states NAESB-related filings carried over from RM96-1 were previously averaged at 59.33 responses per year and that an Order (RM96-1-043 issued Nov 22, 2024) will increase the average to 64.33 responses per year once OMB approves the modification. The increase is noted as pending OMB approval and publication.
Labor-Wage Policy Included in Filings
The FERC-545 collection explicitly includes filings under the Labor-Wage Policy. That policy (Docket No. PL24-1-000, Order issued March 21, 2024) allows jurisdictional entities to include wages consistent with project-area standards in cost-of-service rates where the record supports that outcome.
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