View Information Collection Request (ICR) Package
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Blank fields in records indicate information that was not collected or not collected electronically prior to July 2006.
Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1902-0021
ICR Reference No:
200201-1902-010
Status:
Historical Active
Previous ICR Reference No:
199806-1902-003
Agency/Subagency:
FERC
Agency Tracking No:
Title:
Annual Report of Major Electric Utilities, Licensees and Others
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
03/29/2002
Retrieve Notice of Action (NOA)
Date Received in OIRA:
01/17/2002
Terms of Clearance:
This information collection request is approved for three years. OIRA commends FERC on its efforts to reduce burden by eliminating unnecessary schedules and encourages the Agency to continue to evaluate its data needs. OIRA also encourages FERC to continue to re-assess its need to make reported information publicly available. Specifically, FERC should weigh the regulatory oversight benefits it gains from making the information public against the potential harm the information release may cause companies operating in a competitive environment. FERC should consider what changes in the confidentiality of business information are appropriate to promote competition within the increasingly competitive market. When FERC resubmits this information collection request for renewal, it should provide a discussion describing its evaluation of the need for confidential treatment of data.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
03/31/2005
03/31/2005
03/31/2002
Responses
216
0
210
Time Burden (Hours)
226,800
0
255,570
Cost Burden (Dollars)
0
0
0
Abstract:
The information collected under FERC Form 1 is used by the Federal Energy Regulatory Commission to implement the statutory provisions of the Federal Power Act, Sections 304 and 309. The form primarily collects general corporate information: summary financial information, balance sheet and income statement supporting information, and electric plant, sales operating and expenses data. The information collected on the Form 1 is used by FERC staff, state regulatory agencies and others in review of the financial condition of regulated companies, in various rate proceedings and in the Commission's audit program.
Authorizing Statute(s):
None
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Annual Report of Major Electric Utilities, Licensees and Others
FORM-1
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
216
210
0
0
6
0
Annual Time Burden (Hours)
226,800
255,570
0
0
-28,770
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
Annual Cost to Federal Government:
$0
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
Uncollected
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
Uncollected
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
Uncollected
Is this ICR related to the Pandemic Response?
Uncollected
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
01/17/2002
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