💡Billing Procedures for Federal Agencies in Hydropower Management
Billing Procedures for Annual Charges for the Costs of Other Federal Agencies for Administering Part I of the Federal Power Act Notice Reporting Costs for Other Federal Agencies' Administrative Annual Charges for Fiscal Year 2024
Summary
The notice discusses the Federal Energy Regulatory Commission’s regulations on billing procedures for costs incurred by federal agencies in administering hydropower projects under the Federal Power Act. It details eligible costs and the review process for these charges, emphasizing the importance of documentation and compliance from licensees.
Agencies
- Energy Department
- Federal Energy Regulatory Commission
Business Impact
$$$ - High
The content outlines regulatory requirements regarding billing procedures for federal administrative costs associated with hydropower licensing. Licensees must account for these costs in their financial planning and operational compliance. The mandate for detailed accounting and cost submittals from various agencies imposes compliance requirements on business owners related to reimbursements and documentation.