[Federal Register Volume 63, Number 115 (Tuesday, June 16, 1998)]
[Notices]
[Page 32868]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15902]



[[Page 32868]]

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DEPARTMENT OF ENERGY

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


Information Collection Submitted For Review and Request For 
Comments

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

ACTION: Notice of submission for review by the Office of Management and 
Budget (OMB) and request for comments.

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SUMMARY: The Federal Energy Regulatory Commission (Commission) has 
submitted the energy information collection listed in this notice to 
the Office of Management and Budget (OMB) for review under provisions 
of Section 3507 of the Paperwork Reduction Act of 1995 (Pub. L. No. 
104-13). Any interested person may file comments on the collection of 
information directly with OMB and should address a copy of those 
comments to the Commission as explained below. The Commission received 
comments from electric utilities, federal and state agencies responding 
to an earlier Federal Register notice of February 17, 1998 (63 FR 7777-
8). In its submission to OMB the Commission has addressed these 
comments and included a listing of the commenters.

DATES: Comments regarding this collection of information are best 
assured of having their full effect if received on or before July 16, 
1998.

ADDRESSES: Address comments to Office of Management and Budget, Office 
of Information and Regulatory Affairs, Attention: Federal Energy 
Regulatory Commission, Desk Officer, 726 Jackson Place, N.W. 
Washington, D.C. 20503. A copy of the comments should also be sent to 
Federal Energy Regulatory Commission, Division of Information Services, 
Attention: Mr. Michael Miller, 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: 

Description

    The energy information collection submitted to OMB for review 
contains:
    1. Collection of Information: FERC Form 1 ``Annual Report for Major 
Electric Utilities, Licensees and Others.''
    2. Sponsor: Federal Energy Regulatory Commission.
    3. Control No.: OMB No. 1902-0021. The Commission is now requesting 
that OMB approve a three-year extension of the current expiration date, 
with no changes to the existing collection. There is an increase in the 
reporting burden due to an increase in the number of entities who are 
now subject to the Commission's jurisdiction and as a result must 
submit this annual report. This is a mandatory information collection 
requirement.
    4. Necessity of Collection of Information: Submission of the 
information is necessary to enable the Commission to carry out its 
responsibilities in implementing the provisions of the Federal Power 
Act (FPA). Under the FPA the Commission may prescribe a system of 
accounts for jurisdictional companies, and after notice and hearing, 
may determine the accounts in which particular outlays and receipts 
will be entered, charged or credited. The FERC Form 1 is designed to 
collect financial information from privately owned electric utilities 
and licensees who have generation, transmission, distribution and sales 
of electric energy, however produced throughout the United States and 
its possessions, subject to the Commission's jurisdiction.
    Respondent Description: The respondent universe currently comprises 
on average, 210 companies subject to the Commission's jurisdiction.
    6. Estimated Burden: 255,570 total burden hours, 210 respondents, 1 
response annually, 1,217 hours per response (average).
    7. Estimated Cost Burden to Respondents: 255,570 hours  
2,008 hours per year  x  $109,889 per year = $13,450,290, average cost 
per respondent = $64,049.

    Statutory Authority: Sections 4, 301, 304 of the Federal Power 
Act (FPA), 16 U.S.C. 791a-825.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 98-15902 Filed 6-15-98; 8:45 am]
BILLING CODE 6717-01-M