View Information Collection Request (ICR) Package

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: 201905-1902-004
Status: Historical Active	Previous ICR Reference No: 201609-1902-004
Agency/Subagency: FERC	Agency Tracking No: FERC Form 1
Title: Form 1, 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: 11/04/2019
Retrieve Notice of Action (NOA)	Date Received in OIRA: 07/17/2019
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for three years. Since FERC did not address the previous terms of clearance in 2016, the terms of clearance are still valid in 2019. These are: OMB encourages FERC to reach out to the Bureau of Economic Analysis (BEA) (and any other commenters) to discuss the data needs BEA identified during the review of this information collection request renewal and to determine whether possible efficiencies (to the federal government and industry) may be made by including additional data or information requirements in this form in the future. FERC should discuss what it has done to address the terms of clearance before its next revision.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2022	36 Months From Approved	12/31/2019
Responses	207	0	210
Time Burden (Hours)	241,776	0	245,280
Cost Burden (Dollars)	0	0	0

Abstract: A consolidated supporting statement is being submitted for renewal of the FERC Form Nos. 1, 1-F, and 3-Q (electric and gas). In accordance with sections 304 and 309 of the Federal Power Act, FERC is authorized to collect and record data to the extent it considers necessary, and to prescribe rules and regulations concerning accounts, records and memoranda. The Commission may prescribe a system of accounts for jurisdictional companies and after notice and an opportunity for hearing may determine the accounts in which particular outlays and receipts will be entered, charged or credited. The Form No. 1 (Annual Report of Major Public Utilities, Licensees and Others) is a comprehensive financial and operating report submitted for electric Rate regulation and financial audits. "Major" is defined as having (1) one million Megawatt hours or more; (2) 100 megawatt hours of annual sales for resale; (3) 500 megawatt hours of annual power exchange delivered; or (4) 500 megawatt hours of annual wheeling for others (deliveries plus losses). The Commission collects Form No. 1 information as prescribed in 18 CFR 141.1. Under the existing regulations, FERC jurisdictional entities subject to its Uniform System of Accounts must annually file with the Commission a complete set of financial statements, along with other selected financial and non-financial data through the submission of FERC Annual Report Form 1. The Form 1 provides the Commission, as well as others, with an informative picture of the jurisdictional entities financial condition along with other relevant data that is used by the Commission, as well as others, in making economic judgments about the entity or its industry. The 30-day Notice in Docket IC19-22 is being published in the Federal Register on 7/18/19. (A placeholder is included in the metadata below in order to submit this timely to OMB.) The FERC-issued version of the Notice is included under Supplementary Documents.

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	207	210	-3
Annual Time Burden (Hours)	241,776	245,280	-3,504
Annual Cost Burden (Dollars)	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: There are no program changes or changes to the reporting or recordkeeping requirements. The table in Question 15 of the supporting statement shows adjustments (such as normal industry fluctuations [companies merging, splitting, going into and leaving the business]) to the number of respondents for the Form 1.

Annual Cost to Federal Government: $674,073

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: David Mason 202 502-6356 david.mason@ferc.gov