[Federal Register Volume 63, Number 31 (Tuesday, February 17, 1998)]
[Notices]
[Pages 7777-7778]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-3839]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[IC98-001-000 FERC Form No. 1]


Proposed Information Collection and Request for Comments

February 10, 1998.
AGENCY: Federal Energy Regulatory Commission, Energy.

ACTION: Notice of proposed information collection and request for 
comments.

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SUMMARY: In compliance with the requirements of Section 3506(c)(2)(a) 
of the Paperwork Reduction Act of 1995 (Pub. L. No. 104-13), the 
Federal Energy Regulatory Commission (Commission) is soliciting public 
comment on the specific aspects of the information collection described 
below.

DATES: Consideration will be given to comments submitted within 60 days 
of the publication of the notice.

ADDRESSES: Copies of the proposed collection of information can be 
obtained from and written comments may be submitted to the Federal 
Energy Regulatory Commission, Attn: Michael Miller, Information 
Services Division, ED-12.4, 888 First Street N.E., Washington, D.C. 
20426.

FOR FURTHER INFORMATION CONTACT:
Michael Miller may be reached by telephone at (202) 208-1415, by fax at 
(202) 273-0873, and by e-mail at [email protected].

SUPPLEMENTARY INFORMATION: The information collected under the 
requirements of FERC Form 1 ``Annual Report for Major Electric 
Utilities, Licensees and Others'' (OMB No. 1902-0021) is used by the 
Commission to implement the statutory provisions of the Federal Power 
Act (FPA) 16 U.S.C 791a-825r. The Commission is authorized and 
empowered to make investigations, collect and record data, prescribe 
rules and regulations concerning accounts, records and memoranda as 
necessary or appropriate for administering the FPA. The Commission may 
prescribe a system of accounts for jurisdictional companies and, after 
notice and opportunity for hearing, may determine the accounts in which 
particular outlays and receipts will be entered, charged or credited. 
Commission staff use the data in the Commission's audit program and 
continuous review of the financial condition of regulated companies. 
The data is also used in various rate proceedings and supply programs. 
Data from certain schedules is used to compute annual charges which are 
then assessed against public utilities to recover the Commission's 
annual costs. The information filed with the Commission is a mandatory 
requirement contained in the format of a written form for providing 
annual financial data. This information is also submitted via 
electronic media consisting of two duplicate diskettes. The Commission 
implements these filing requirements in the Code of Federal Regulations 
(CFR) under 18 CFR Parts 41, 101, 141.1 and 385.2011.
    Action: The Commission is requesting a three-year extension of the 
current expiration date, with no changes to the existing collection of 
data.
    Burden Statement: Public reporting burden for this collection is 
estimated as:

                                                                                                                
                                       Number of                                                                
  Number of respondents annually     responses per      Average burden hours per       Total annual burden hours
                                      respondent                response                                        
(1)                                            (2)  (3).............................  (1) x (2) x (3)           
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193...............................               1  1,217 hours.....................  234,881 hours.            
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    Estimated cost burden to respondents: 234,881 hours/2,088 hours per 
year  x  $109,889 per year = $12,361,513. The cost per respondent is 
equal to $64,049.
    The reporting burden includes the total time, effort, or financial 
resources expended to generate, maintain, retain, disclose, or provide 
the information including: (1) reviewing instructions; (2) developing, 
acquiring, installing, and utilizing technology and systems for the 
purposes of collecting, validating, verifying, processing, maintaining, 
disclosing and providing information; (3) adjusting the existing ways 
to comply with any previously applicable instructions and requirements; 
(4) training personnel to respond to a collection of information; (5) 
searching data sources; (6) completing and reviewing the collection of 
information; and (7) transmitting, or otherwise disclosing the 
information.
    The estimate of cost for respondents is based upon salaries for 
professional and clerical support, as well as direct and indirect 
overhead costs. Direct costs include all costs directly attributable to 
providing this information, such as administrative costs and the cost 
for information technology. Indirect or overhead costs are costs 
incurred by an organization in support of its mission. These costs 
apply to activities which benefit the whole organization rather than 
any one particular function or activity.
    Comments are invited on: (1) whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the Commission, including whether the information will

[[Page 7778]]

have practical utility; (2) the accuracy of the agency's estimate of 
the burden of the proposed collection of information, including the 
validity of the methodology and assumptions used; (3) ways to enhance 
the quality, utility and clarity of the information to be collected; 
and (4) ways to minimize the burden of the collection of information on 
those who are to respond, including the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology e.g. permitting electronic 
submission of responses.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-3839 Filed 2-13-98; 8:45 am]
BILLING CODE 6717-01-M