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Federal Register / Vol. 86, No. 172 / Thursday, September 9, 2021 / Notices FERC beyond the period specified by FERC.
Environmental Impact Southwestern previously determined that the rate change action, placed into effect on January 1, 2016 for Sam Rayburn Dam fit within the class of categorically excluded actions as listed in Appendix B to Subpart D of 10 CFR
part 1021, the Implementing Procedures and Guidelines of the National Environmental Policy Act of 1969, as amended 42 U.S.C. 43214347, categorical exclusions applicable to B4.3: Electric power marketing rate changes, which does not require preparation of either an environmental impact statement EIS or an environmental assessment EA. On May 27, 2021, Southwestern determined that categorical exclusion B4.3 applies to the current action.
Determination Under Executive Order 12866
Southwestern has an exemption from centralized regulatory review under Executive Order 12866; accordingly, no clearance of this notice by the Office of Management and Budget is required.
United States of America Department of Energy Administrator, Southwestern Power Administration In the matter of: Southwestern Power Administration Sam Rayburn Dam Rate Schedule Rate Order No. SWPA78

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Order Approving Extension of Rate Schedule on an Interim Basis August 30, 2021
Pursuant to Sections 301b and 302a of the Department of Energy Organization Act, 42 U.S.C. 7151b and 7152a, the functions of the Secretary of the Interior and the Federal Power Commission under Section 5 of the Flood Control Act of 1944, 16 U.S.C.
825s, relating to the Southwestern Power Administration Southwestern, were transferred to and vested in the Secretary of Energy. By Delegation Order No. 00037.00B, effective November 19, 2016, the Secretary of Energy delegated: 1 The authority to develop power and transmission rates to the Southwestern Administrator; 2 the authority to confirm, approve, and place such rates into effect on an interim basis to the Deputy Secretary of Energy; and 3 the authority to confirm, approve, and place into effect on a final basis, or to remand or disapprove such rates, to the Federal Energy Regulatory Commission FERC. By Delegation Order No. S1DELS42021, effective
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February 25, 2021, the Acting Secretary of Energy also delegated the authority to confirm, approve, and place such rates into effect on an interim basis to the Under Secretary for Science and Energy. By Redelegation Order No. S4
DELOE12021, effective March 25, 2021, the Acting Under Secretary for Science and Energy redelegated the authority to confirm, approve, and place such rates into effect on an interim basis to the Assistant Secretary for Electricity.
And by Redelegation Order No. 00
002.1004, effective July 8, 2020, the Assistant Secretary for Electricity further redelegated the authority to confirm, approve, and place such rates into effect on an interim basis to the Southwestern Administrator. This redelegation order, despite predating the February 2021 delegation and March 2021 redelegation, remains valid. By these delegations, and in accordance with 10 CFR 903.22h and 10 CFR
903.23a, as amended 84 FR 5347, 5350 Feb. 21, 2019, the Southwestern Administrator may approve and extend, on an interim basis, rates previously confirmed and approved by FERC
beyond the period specified by FERC.
Pursuant to that delegated authority, the Southwestern Administrator has issued this interim rate order.
Background The following rate schedule for Sam Rayburn Dam was confirmed and approved on a final basis by FERC on June 30, 2016, in Docket No. EF162
000 155 FERC 62,254 for the period January 1, 2016, through September 30, 2019.
Rate Schedule SRD15, Wholesale Rates for Hydro Power and Energy Since initial FERC approval, the Assistant Secretary for Electricity extended the Sam Rayburn rate schedule SRD15 for a period of two years, from October 1, 2019, through September 30, 2021, in Rate Order No.
SWPA75.
Discussion The existing Sam Rayburn Dam rate schedule is based on the Southwestern 2015 power repayment studies PRSs.
PRSs have been completed for the Sam Rayburn Dam isolated project each year since approval of the existing rate schedule. Since 2015, subsequent PRSs have indicated the need for a minimal rate increase, all within the plus or minus five percent rate adjustment threshold practice established by the Administrator on September 8, 2003.
Therefore, the Administrator deferred these rate adjustments in the best interest of the government.

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However, the existing rate schedule is set to expire on September 30, 2021.
Consequently, Southwestern proposed to extend the existing rate schedule for a two-year period ending September 30, 2023, on an interim basis under the implementation authorities noted in 10
CFR 903.22h and 10 CFR 903.23a.
Southwestern followed 10 CFR part 903, Procedures for Public Participation in Power and Transmission Rate Adjustments and Extensions for the proposed extension of the rate schedule. An opportunity for customers and other interested members of the public to review and comment on the proposed extension of the rate schedule was published in the Federal Register on June 14, 2021 86 FR 31500, with written comments due by July 14, 2021.
Comments and Responses Southwestern received no comments regarding the extension of the rate schedule.
Availability of Information Information regarding the extension of the rate schedule is available for public review in the offices of Southwestern Power Administration, Williams Tower I, One West Third Street, Tulsa, Oklahoma 74103. The rate schedule is available on the Southwestern website at www.swpa.gov.
Administrations Certification The 2015 Sam Rayburn Dam PRSs indicated that the current rate schedule will repay all costs including amortization of the power investment consistent with the provisions of Department of Energy Order No. RA
6120.2. The 2021 Sam Rayburn Dam PRSs indicated the need for an annual revenue increase of 3.5 percent.
However, the 2021 rate adjustment falls within the Southwestern established plus or minus five percent isolated project rate adjustment threshold practice and was deferred.
The Southwestern 2022 PRSs will determine the appropriate level of revenues needed for the next rate period. In accordance with Delegation Order No. 00037.00B, effective November 19, 2016, and Section 5 of the Flood Control Act of 1944, the Administrator has determined that the existing rate schedule is the lowest possible rate consistent with sound business principles, and the extension is consistent with applicable law.
Environment Southwestern previously determined that the rate change actions, placed into effect on January 1, 2016 for Sam
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