NGI The Weekly Gas Market Report / NGI All News Access

Funding for Pipeline RegulationTakes Precedence

Funding for Pipeline RegulationTakes Precedence

Funding for natural gas and oil pipeline regulation was the big winner in FERC's budget for fiscal year 2000, according to the agency's budget request.

The Commission asked for $70.5 million for gas and oil pipelines, which is 40% of its overall FY 2000 budget request of $179.9 million. The budget request submitted to Congress last week was up 7.8% over the $167.5 million that FERC sought for FY 1999.

FERC earmarked $56.6 million for electric power regulation in FY 2000, and $42.7 million for hydropower. Funding for electric accounted for about 32% of the budget request, while funding for hydropower represented 29%.

The proposed increase in the budget was owing to three factors: $6 million for mandatory salary and benefits raises of 5.5%, a one-time cost of $2 million for FERC First, and $5 million for improvements in information technology (IT), the Commission said.

In its budget proposal, FERC sought a reduced level of full-time employees (1,320) for FY 2000 - 515 FTEs for gas and oil pipelines, 440 FTEs for electric power and 365 FTEs for hydropower. Overall, this was 57 fewer FTEs than than was requested a year ago, the Commission said, adding that it expected its FERC First reingineering efforts and IT initiatives would allow it to meet future challenges with less employees.

Susan Parker

©Copyright 1999 Intelligence Press, Inc. All rights reserved. The preceding news report may not be republished or redistributed in whole or in part without prior written consent of Intelligence Press, Inc.

ISSN © 2577-9877 | ISSN © 1532-1266
Comments powered by Disqus