[Federal Register Volume 84, Number 88 (Tuesday, May 7, 2019)]
[Notices]
[Pages 19921-19923]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-09297]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC19-22-000]
Commission Information Collection Activities; (FERC Form Nos. 1,
1-F, and 3-Q); Comment Request; Extensions
AGENCY: Federal Energy Regulatory Commission, DOE.
ACTION: Notice of information collections and request for comments.
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SUMMARY: In compliance with the requirements of the Paperwork
Reduction Act of 1995 (PRA), the Federal Energy Regulatory Commission
(Commission or FERC) is soliciting public comment on the currently
approved information collections, FERC Form Nos. 1 (Annual Report of
Major Electric Utilities, Licensees, and Others), 1-F (Annual Report
for Nonmajor Public Utilities and Licensees), and 3-Q (Quarterly
Financial Report of Electric Utilities, Licensees, and Natural Gas
Companies).
DATES: Comments on the collections of information are due July 8,
2019.
ADDRESSES: You may submit comments (identified by Docket No. IC19-22-
000) by either of the following methods:
eFiling at Commission's Website: http://www.ferc.gov/docs-filing/efiling.asp.
Mail/Hand Delivery/Courier: Federal Energy Regulatory
Commission, Secretary of the Commission, 888 First Street NE,
Washington, DC 20426.
Instructions: All submissions must be formatted and filed in
accordance with submission guidelines at: http://www.ferc.gov/help/submission-guide.asp. For user assistance, contact FERC Online Support
by email at [email protected], or by phone at: (866) 208-3676
(toll-free), or (202) 502-8659 for TTY.
Docket: Users interested in receiving automatic notification of
activity in this docket or in viewing/downloading
[[Page 19922]]
comments and issuances in this docket may do so at http://www.ferc.gov/docs-filing/docs-filing.asp.
FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email
at [email protected], telephone at (202) 502-8663, and fax at
(202) 273-0873.
SUPPLEMENTARY INFORMATION:
Type of Request: Three-year extensions of the FERC Form Nos. 1, 1-
F, and 3-Q with no changes to the current reporting requirements.\1\
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\1\ FERC Form Nos. 1, 1-F, and 3-Q (electric and natural gas)
are part of the ``Forms Refresh'' effort, which is a separate
activity and not addressed here. See Revisions to the Filing Process
for Commission Forms, 166 FERC ] 61,027 (2019) (started in Docket
No. AD15-11 and ongoing in Docket No. RM19-12). (OMB issued its
decisions on the proposed changes in the Forms Refresh Notice of
Proposed Rulemaking in Docket No. RM19-12 on March 14, 2019.)
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FERC Form No. 1, Annual Report of Major Electric Utilities, Licensees,
and Others
OMB Control No.: 1902-0021.
Abstract: The FERC Form No. 1 is a comprehensive financial and
operating report submitted annually for electric rate regulation,
market oversight analysis, and financial audits by Major electric
utilities, licensees and others. Major is defined as having in each of
the last three consecutive calendar years, sales or transmission
services that exceed one of the following: (1) One million megawatt-
hours of total sales; (2) 100 megawatt-hours of sales for resale; (3)
500 megawatt-hours of power exchanges delivered; or (4) 500 megawatt-
hours of wheeling for others (deliveries plus losses).\2\
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\2\ As detailed in 18 CFR 101 (Uniform System of Accounts
Prescribed for Public Utilities and Licensees Subject to the
Provision of the Federal Power Act, General Instructions) and 18 CFR
141.1.
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The FERC Form No.1 is designed to collect financial and operational
information and is made available to the public. The FERC Form No.1
includes a basic set of financial statements:
Comparative Balance Sheet,
Statement of Income,
Statement of Retained Earnings,
Statement of Cash Flows,
Statements of Accumulated Comprehensive Income,
Comprehensive Income, and Hedging Activities, and
Notes to Financial Statements.
Supporting schedules contain:
Supplementary information and outlines of corporate
structure and governance,
Information on formula rates, and
Description of important changes during the year.
Other schedules provide:
Information on revenues and the related quantities of
electric sales and electricity transmitted,
Account balances for all electric operation and
maintenance expenses,
Selected plant cost data, and
Other statistical information.
Type of Respondent: Major electric utilities
Estimate of Annual Burden 3: The Commission estimates
the annual burden and cost \4\ for FERC Form No. 1 as follows:
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\3\ Burden is defined as the total time, effort, or financial
resources expended by persons to generate, maintain, retain, or
disclose or provide information to or for a Federal agency. For
further explanation of what is included in the information
collection burden, refer to Title 5 Code of Federal Regulations
1320.3.
\4\ The Commission staff believes the FERC FTE (full-time
equivalent) average cost for wages plus benefits is representative
of the corresponding cost for the industry respondents. The FERC
2018 average salary plus benefits for one FERC FTE is $164,820/year
(or $79.00/hour).
FERC Form No. 1
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Number of Cost per
Number of respondents responses per Total number Average burden hours and average cost Total annual burden hours and total respondent
respondent of responses per response ($) annual cost ($) ($)
(1) (2) (1) x (2) = (4).................................... (3) x (4) = (5)........................ (5) / (1) =
(3) (6)
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207................... 1 207 1,168 hrs.; $92,272.................... 241,776 hrs.; $19,100,304.............. $92,272
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FERC Form No. 1-F, Annual Report for Nonmajor Public Utilities and
Licensees
OMB Control No.: 1902-0029.
Abstract: The FERC Form No. 1-F is a financial and operating report
submitted annually for electric rate regulation, market oversight
analysis, and financial audits by Nonmajor electric utilities and
licensees. Nonmajor is defined as utilities and licensees that are not
classified as Major, and having total sales in each of the last three
consecutive years of 10,000 megawatt-hours or more.\5\
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\5\ As detailed in 18 CFR 101 (Uniform System of Accounts
Prescribed for Public Utilities and Licensees Subject to the
Provision of the Federal Power Act, General Instructions) and 18 CFR
141.2.
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The FERC Form No.1-F is designed to collect financial and
operational information and is made available to the public. The FERC
Form No.1-F includes a basic set of financial statements:
Comparative Balance Sheet,
Statement of Retained Earnings,
Statement of Cash Flows,
Statement of Comprehensive Income and Hedging Activities,
and
Notes to Financial Statements.
Supporting schedules contain:
Supplementary information and include revenues and the
related quantities of electric sales and electricity transmitted,
Account balances for all electric operation and
maintenance expenses,
Selected plant cost data; and
Other statistical information.
Type of Respondent: Nonmajor electric utilities
Estimate of Annual Burden: The estimated annual burden and cost
follow. (The estimated hourly cost used for the FERC Form No. 1-F is
$79 (for wages plus benefits) and is described above, under the FERC
Form No. 1.):
FERC Form No. 1-F
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Annual number
of responses Total number Average burden hours and cost per Total annual burden hours and total Cost per
Number of respondents per of responses response annual cost ($) respondent
respondent ($)
(1) (2) (1) * (2) = (4).................................... (3) * (4) = (5)........................ (5) / (1)
(3)
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5..................... 1 5 122 hrs.; $9,638....................... 610 hrs.; $48,190...................... $9,638
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[[Page 19923]]
FERC Form No. 3-Q, Quarterly Financial Report of Electric Utilities,
Licensees, and Natural Gas Companies
OMB Control No.: 1902-0205.
Abstract: The FERC Form No. 3-Q is a quarterly financial and
operating report for rate regulation, market oversight analysis, and
financial audits which supplements the (a) FERC Form Nos. 1 and 1-F,
for the electric industry, or the (b) FERC Form No. 2 (Annual Report
for Major Natural Gas Companies; OMB Control No. 1902-0028) and FERC
Form No. 2-A (Annual Report for Nonmajor Natural Gas Companies; OMB
Control No. 1902-0030), for the natural gas industry. The FERC Form No.
3-Q is submitted for all Major and Nonmajor electric utilities,
licensees, and natural gas companies.\6\
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\6\ 18 CFR 260.1(b) states that for natural gas companies as
defined by the Natural Gas Act, Major pertains to a company whose
combined gas transported or stored for a fee exceed 50 million Dth
in each of the three previous calendar years. 18 CFR 260.2(b) states
that for natural gas companies as defined by the Natural Gas Act,
Non-Major pertains to a company not meeting the filing threshold for
FERC Form No. 2, but having total gas sales or volume transactions
exceeding 200,000 Dth in each of the three previous calendar years.
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FERC Form No. 3-Q includes a basic set of financial statements:
Comparative Balance Sheet,
Statement of Income and Statement of Retained Earnings,
Statement of Cash Flows,
Statement of Comprehensive Income and Hedging Activities,
and
Supporting schedules containing supplementary information.
Electric respondents report:
Revenues and the related quantities of electric sales and
electricity transmitted,
Account balances for all electric operation and
maintenance expenses,
Selected plant cost data; and
Other statistical information.
Natural gas respondents include:
Monthly and quarterly quantities of gas transported and
associated revenues,
Storage, terminaling and processing services,
Natural gas customer accounts and details of service, and
Operational expenses, depreciation, depletion and
amortization of gas plant.
Type of Respondent: Major and nonmajor electric utilities,
licensees, and natural gas companies.
Estimate of Annual Burden: The estimated annual burden and cost (as
rounded) follow. (The estimated hourly cost used for the FERC Form No.
3-Q is $79 (for wages plus benefits) and is described above, under the
FERC Form No. 1.):
FERC Form No. 3-Q
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Annual number
Number of of responses Total number Average burden hours and cost per Total annual burden hours and total annual Annual cost
respondents per of responses response cost per
respondent respondent ($)
(1) (2) (1) * (2) = (3) (4)........................................ (3) * (4) = (5).............................. (5) / (1)
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FERC 3-Q (electric)................... 212 3 636 168 hrs.; $13,272.......................... 106,848 hrs.; $8,440,992..................... $39,816
FERC 3-Q (natural gas)................ 165 3 495 167 hrs.; $13,193.......................... 82,665 hrs.; $6,530,535...................... $39,579
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Total for FERC 3-Q................ ........... .............. 1,131 ........................................... 189,513 hrs.; $14,971,527.................... ..............
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Comments: Comments are invited on: (1) Whether the collections of
information are necessary for the proper performance of the functions
of the Commission, including whether the information will have
practical utility; (2) the accuracy of the agency's estimates of the
burden and cost of the collections of information, including the
validity of the methodology and assumptions used; (3) ways to enhance
the quality, utility and clarity of the information collections; and
(4) ways to minimize the burden of the collections of information on
those who are to respond, including the use of automated collection
techniques or other forms of information technology.
Dated: April 30, 2019.
Kimberly D. Bose,
Secretary.
[FR Doc. 2019-09297 Filed 5-6-19; 8:45 am]
BILLING CODE 6717-01-P