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OMB Control No: 1902-0313	ICR Reference No: 201905-1902-013
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: FERC	Agency Tracking No: FERC-3-QT
Title: FERC-3-QT, Quarterly Financial Report-Electric and Gas, modifications to FERC-3-Q due to Final Rule in Docket No. RM19-12
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/26/2019
	Date Received in OIRA: 07/03/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2022	36 Months From Approved
Responses	2	0	0
Time Burden (Hours)	2	0	0
Cost Burden (Dollars)	0	0	0

Abstract: FERC-3-QT, Quarterly Financial Report-Electric and Gas, modifications to FERC-3-Q due to Final Rule in Docket No. RM19-12 (RIN 1902-AF58). Data on the NOPR is included below in the fields for the 60-day notice; data on the final rule is included in the fields for th 30-day notice. The FERC Form No. 3-Q is a quarterly financial and operating report used for rate regulation, market oversight analysis, and financial audits which supplements the (a) Forms Nos. 1 and 1-F for the electric industry, or the (b) Form Nos. 2 and 2-A for the natural gas industry. The FERC Form No. 3-Q is submitted for electric utilities and licensees reporting Forms No. 1 or 1-F and natural gas companies reporting Forms No. 2 or 2-A. The Commission collects Forms Nos. 1, 1-F, and 3-Q as prescribed in Title 18 CFR (Code of Federal Regulations) Parts 141.1, 141.2, and 141.400 and 260.300. The FERC Forms Nos. 1, 1-F, and 3-Q provide an informative picture of the jurisdictional entities’ financial conditions and other relevant data that are used by FERC and others in making economic judgments about the entity or its industry. There is no change to the internal burden hours for filing Form Nos. 3-QT electric (3-Q electric), 3-QT natural gas (3-Q natural gas), and 6-QT (6-Q) because the burden hours associated with these quarterly forms are included in the burden hours calculated for filing Form Nos. 1T (1), 2, and 6T (6). The number of responses is shown with a 0 value for the additional burden. The quarterly filings are generally a subset of the annual filings.

Authorizing Statute(s): US Code: 16 USC 825h and 825c Name of Law: Federal Power Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 1412	02/04/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 30620	06/27/2019
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	2	2
Annual Time Burden (Hours)	2	2
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The Commission is adopting eXtensible Business Reporting Language (XBRL) as the standard for filing the Commission Form Nos. 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 6-Q, 60, and 714. The use of XBRL will make the information in these forms easier for filers to submit and data users to analyze, and assist in automating regulatory filings. The Commission believes that transitioning from the current Visual FoxPro system to XBRL will decrease the costs, over time, of preparing the necessary data for submission and complying with future changes to filing requirements set forth by the Commission. In addition, the Commission is revising its regulations to require filers of Form No. 1-F to file their report in electronic media.

Annual Cost to Federal Government: $369,855

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: Robert Hudson 202 502-6620

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