View Information Collection Request (ICR) Package
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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:
1902-0215
ICR Reference No:
202310-1902-009
Status:
Historical Active
Previous ICR Reference No:
202207-1902-010
Agency/Subagency:
FERC
Agency Tracking No:
FERC Form No. 60, FERC-61, & FERC-555A
Title:
FERC Form No. 60 (Annual Reports Of Centralized Service Cos.), FERC-61 (Narrative Description Of Service Co, FERC-555A (Preservation of Records Companies & Service Cos) (Final Rule in RM21-11-000)
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:
04/16/2024
Retrieve Notice of Action (NOA)
Date Received in OIRA:
10/24/2023
Terms of Clearance:
Because the agency sought comments only on the changes associated with the rulemaking, the existing expiration date remains the same for this collection and the previous terms of clearance still apply. In accordance with 5 CFR 1320, the information collection is approved.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
07/31/2025
36 Months From Approved
07/31/2025
Responses
286
0
244
Time Burden (Hours)
135,231
0
134,950
Cost Burden (Dollars)
49,148
0
49,148
Abstract:
A consolidated supporting statement is being submitted for the Final Rule RM21-11 that will affect the FERC Form Nos. 1, 1-F, and 3-Q (electric) and 60. This consolidated request does not include the 3-Q (gas), 61, or 555A that has previously been approved as separate collections. The Federal Energy Regulatory Commission (Commission or FERC) requests the Office of Management and Budget (OMB) to approve the updates (from Final Rule RM21-11) to FERC Form Nos. 1, 1-F, and 3-Q (electric), and 60 for three years. The collections impacted by this Final Rule M21-11 are as follows: 1) FERC Form No. 1 (Annual Report of Major Electric Utilities, Licensees and Others; OMB Control No. 1902-0021) 2) FERC Form No. 1-F (Annual Report for Nonmajor Public Utilities and Licensees; OMB Control No. 1902-0029) 3) FERC Form No. 3-Q (Quarterly Financial Report of Electric Utilities, Licensees, and Natural Gas Companies; OMB Control No. 1902-0205) 4) FERC Form No. 60 (Annual Reports of Centralized Service Companies; OMB Control No. 1902-0215) The Final Rule RM21-11-000 specifically is proposing updates to the Uniform System of Accounting (USofA). The current accounting system, according to public comment in response to FERC's Notice of Inquiry, is burdensome and difficult to account for renewable energy sources, energy storage, computer hardware and software, and communication equipment. The NOPR proposes updates to the USofA to account for these expenses. These updates will impact the information collections for accounting related collections, which are the FERC Form 1,1-F, 3-Q (electric), and 60. This Final Rule will impact the burden estimates of each collection in two ways. The first estimate will be one-time burden of updating, modifying, or adding accounts within the respondent's current accounting processes and systems. The second estimate is the ongoing burden related to maintaining and submitting accounting records to the Commission. The Commission estimates that the former (one-time) burden would be completed within the first year and is accounted for as such in the attached supporting statement. Furthermore, the Commission estimates the latter (ongoing after year one) burden will remain the same as currently approved by OMB.
Authorizing Statute(s):
PL:
Pub.L. 109 - 58 1261-1277
Name of Law: Energy Policy Act of 2005
US Code:
42 USC 16451 et seq.
Name of Law: Public Utility Holding Company Act of 2005 (PUHCA 2005)
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
1902-AF96
Final or interim final rulemaking
88 FR 69294
10/05/2023
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
4
IC Title
Form No.
Form Name
FERC Form No. 60, Annual Reports for Centralized Service Companies
60
Form 60: Annual Report of Centrialized Service Companies
FERC-555A, Preservation of Records for Service Companies Subject to PUHCA
FERC-61, Narrative Description of Service Company Functions
Updated Accounts (Final Rule in RM22-11-000) (One-Time)
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
286
244
0
42
0
0
Annual Time Burden (Hours)
135,231
134,950
0
281
0
0
Annual Cost Burden (Dollars)
49,148
49,148
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:
Although there was no change in Annual Burden Cost, there was an increase in Annual time burden for FERC-form 60. Due to an increase in burden hours from 75 to 78.
Annual Cost to Federal Government:
$98,631
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?
No
Agency Contact:
Kayla Williams 410 786-5887 kayla.williams@cms.hhs.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:
10/24/2023
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