View Information Collection Request (ICR) Package
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Brief and OIRA conclusion
Abstract/Justification
Legal Statutes
Rulemaking
FR Notices/Comments
IC List
Burden
Misc.
Common Form Info.
Certification
View Information Collection (IC) List
View Supporting Statement and Other Documents
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:
200810-1902-005
Status:
Historical Active
Previous ICR Reference No:
200512-1902-010
Agency/Subagency:
FERC
Agency Tracking No:
FERC Form 1
Title:
Annual Report of Major Public 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 with change
Conclusion Date:
12/23/2008
Retrieve Notice of Action (NOA)
Date Received in OIRA:
10/07/2008
Terms of Clearance:
Agency added language to justification 6 and 13 that ensures these justifications are addressed. In addition, Agency provided further details behind burden changes described in justification 15.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
12/31/2011
36 Months From Approved
02/28/2009
Responses
211
0
220
Time Burden (Hours)
245,150
0
250,107
Cost Burden (Dollars)
0
0
0
Abstract:
FERC is amending its financial reporting requirements for the quarterly and annual financial reporting forms for public utilities and licensees in RM08-5-000. The Final Rule adopts revised reporting requirements which will enhance the Commission's and customers' review of formula rates; permit better understanding of non-power goods and services transactions with affiliates, and provide additional detail of revenues not previously specified in the Form 1. In addition, the Final Rule will expedite reporting by clarifying Form 1 instructions and cross-references and making technical improvements to the form. Finally, the Final Rule responds to the burden faced by filers by adopting minimum reporting thresholds for certain accounting data, eliminating the reporting requirement for certain utilities that are not otherwise subject FERC's reporting obligations or jurisdiction, and accommodating filers whose fiscal year does not fall in the calendar year that is used for reporting purposes.
Authorizing Statute(s):
US Code:
16 USC 825c, 825h
Name of Law: Federal Power Act
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
1902-AD50
Final or interim final rulemaking
73 FR 58720
10/07/2008
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
Yes
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Annual Report of Major Public Utilities, Licensees and Others,
FERC-1
Annual Report of Major Public Utilties and Licensees
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
211
220
0
0
-9
0
Annual Time Burden (Hours)
245,150
250,107
0
5,275
-10,232
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Changing Regulations
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The data now reported in the forms does not provide sufficient information to FERC and the public to permit an evaluation of the filers jurisdictional rates. Since the triennial restatement of rates requirement was abolished and pipelines are no longer required to submit this information, the need for current and relevant data is greater than in the past. The information collections proposed in the Final Rule will increase the forms usefulness to both the public and to FERC. Without this information, it is difficult for FERC and the public to perform an assessment of electric utility costs, and thereby help to ensure that rates are just and reasonable. FERC has determined that dependable, affordable, competitive wholesale energy markets require an adequate infrastructure, balanced market rules, and vigilant oversight. This Final Rule helps in achieving the goal of vigilant oversight by providing FERC with more timely, relevant, reliable and understandable information from jurisdictional participants in the energy markets. It should be noted that the adjustments to Forms 1, 1-F and 3Q reflect the changing number of companies subject to FERCs jurisdiction. With respect to the Form 1-F, the decrease may be due to either companies receiving exemptions from having to file the Form 1-F or have consolidated their reporting because of becoming an affiliate of a parent company who already files the Form 1.
Annual Cost to Federal Government:
$254,712
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
Agency Contact:
David Lengenfelder 2025028351 david.lengenfelder@ferc.gov
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:
10/07/2008
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