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View ICR - Agency Submission
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OMB Control No:
1902-0205
ICR Reference No:
202607-1902-002
Status:
Received in OIRA
Previous ICR Reference No:
202504-1902-005
Agency/Subagency:
FERC
Agency Tracking No:
FERC Form 3-Q
Title:
FERC-3-Q, Quarterly Financial Report of Electric Utilities, Licensees, and Natural Gas Companies
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
Date Submitted to OIRA:
07/07/2026
Requested
Previously Approved
Expiration Date
12/31/2028
12/31/2028
Responses
1,098
1,098
Time Burden (Hours)
94,206
184,464
Cost Burden (Dollars)
0
0
Abstract:
The Federal Energy Regulatory Commission (Commission or FERC) requests the Office of Management and Budget (OMB) review the proposed changes to 3-Q (electric and gas) as part of the NOPR RM26-12-000. The Commission conducted a comprehensive review of the information collected in the quarterly financial forms and proposes to delete a total of 20 schedules from FERC Form No. 3-Q across both Electric (17 schedules) and Gas (3 schedules). In this NOPR, the Commission seeks comment on whether the data reported on the indicated schedules is helpful to the public and, if so, how this data is used. The Commission also seeks comment on whether there may be a better way for the public to access the data in these 20 schedules, rather than through the quarterly financial forms. In accordance with sections 304(a) and 309 of the Federal Power Act (FPA) and sections 10(a) and 16 of the Natural Gas Act (NGA), 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. Under the existing regulations, FERC jurisdictional entities subject to its Uniform System of Accounts (USofA) must annually file a complete set of financial statements with the Commission, along with other selected financial and non-financial data through the submission of FERC Form Nos. 1 and 1-F and must file this information quarterly through the submission of FERC Form No. 3-Q.
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-AG49
Proposed rulemaking
91 FR 37881
06/24/2026
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
2
IC Title
Form No.
Form Name
[Electric] FERC 3-Q, Quarterly Financial Report of Electric Utilities and Licensees
FERC Form 3-Q
Quarterly Financial Report
[GAS] FERC-3Q, Quarterly Financial Report of Natural Gas Companies
Form 2/3Q
FERC Financial Report FERC Form No. 2: Annual Report of Major Natural Gas Companies and Supplemental Form 3-Q: Quarterly Financial Report
ICR Summary of Burden
Total Request
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
1,098
1,098
0
0
0
0
Annual Time Burden (Hours)
94,206
184,464
0
-90,258
0
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:
Yes
Burden Reduction Due to:
Changing Regulations
Short Statement:
This proposed rule would reduce the number of required quarterly schedules that need to be completed by the electric industry (removing 17 of 24 schedules and an estimated 70% reduction in burden) and the gas industry (removing 3 of 19 schedules and an estimated 15% reduction in burden).
Annual Cost to Federal Government:
$213,843
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:
Ken Ambrose 202 502-8524 kenneth.ambrose@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:
07/07/2026
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