After the initial start up cost, the Rule will result in a savings for the states, EPA, and permittees. The Proposed Rule estimates the largest economic cost will be the start up costs for $30.4 million in 2013. After the promulgation of the Final Rule, the annual net savings is estimated to be $27.5 million.
When the annual net savings is further broken down, states may save up to $28.5 million, primarily due to the reduced need to process paper submissions and improved data quality due to electronic submissions. Permittees may save $1.1 million due to the reduced need for paper and postage as well as the reduced need to re-submit erroneous reports. EPA may save $0.7 million due to the reduced need to process paper submissions and improved data quality in electronic submission.