[Federal Register Volume 68, Number 1 (Thursday, January 2, 2003)]
[Rules and Regulations]
[Page 45]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-33091]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Chapter I

[Docket No. RM02-9-001; Order No. 626]


Electronic Filing of Form 1, and Elimination of Certain 
Designated Schedules in FERC Form Nos. 1 and 1-F

December 26, 2002.
AGENCY: Federal Energy Regulatory Commission, DOE.

ACTION: Final rule; correction.

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SUMMARY: In this correction, the Federal Energy Regulatory Commission 
is correcting its Final Rule and identifying what designated lines and 
schedules in Form No. 1-F should be retained or eliminated.

EFFECTIVE DATE: Effective on January 2, 2003.

FOR FURTHER INFORMATION CONTACT:
Kevin A. Jones (Technical Information), Office of Markets, Tariffs and 
Rates, FERC, 888 First Street, NE., Washington, DC 20426, (202) 502-
6185, [email protected].
Bolton Pierce (Electronic System), Office of Markets Tariffs and Rates, 
FERC, 888 First Street, NE., Washington, DC 20426, (202) 502-8803, 
[email protected].
Julia Lake (Legal Information), Office of General Counsel, FERC, 888 
First Street, NE., Washington, DC 20426, (202) 502-8370, 
[email protected].

SUPPLEMENTARY INFORMATION:
Before Commissioners: Pat Wood, III, Chairman; William L. Massey, and 
Nora Mead Brownell.

Correction of Final Rule

    On May 16, 2002, the Commission issued Order No. 626, a Final Rule 
that provided for electronic filing of FERC Form No. 1 and the 
elimination of certain designated schedules in FERC Form Nos. 1 and 1-
F.\1\ In this correction, the Commission is correcting its Final Rule 
and identifying what designated lines and schedules in Form No. 1-F 
(Form 1-F), principally in the Comparative Balance Sheet and the 
Statement of Income for the Year, should be retained or eliminated.
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    \1\ 67 FR 36093 (May 23, 2002), III FERC Stats. & Regs. ] 31,130 
(May 16, 2002).
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    The following schedules or parts of schedules are eliminated from 
Form 1-F:
    [sbull] Data on Security Holders and Voting Powers (Part X, P. 18). 
(Nonmajor utilities should continue to report Data on Officers and 
Directors (Part XI, P. 18), however.)
    [sbull] Number of Electric Department Employees (P. 323).
    The Commission corrects the Final Rule by not eliminating the 
following from the Form 1-F: Nonutility Property (121, P. 110); Capital 
Stock Subscribed, Capital Stock Liability for Conversion, Premium on 
Capital Stock, and Installments Received on Capital Stock (252, P. 
112); Discount on Capital Stock (254, P. 112); Particulars Concerning 
Certain Income Deduction and Interest Charges (340, P. 117); Electric 
Distribution Meters and Line Transformers (429, lines 63 & 65, P. 206); 
and Allowance for Borrowed Funds Used During Construction in 
Construction Overheads--Electric (217, P. 8). These line items contain 
accounts reflected in the Commission's Uniform System of Accounts that 
are needed to provide an accurate and complete reporting of a utility's 
accounting for transactions and events, and to provide relevant non-
financial information related to its operations.

    By the Commission.
Linwood A. Watson, Jr.,
Deputy Secretary.
[FR Doc. 02-33091 Filed 12-31-02; 8:45 am]
BILLING CODE 6717-01-M