Notice2022-07398
Commission Information Collection Activities (FERC Form Nos. 1, 1T, 1-F, 1-FT, 3-Q, and 3-QT); Comment Request; Extensions
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
April 8, 2022
Issuing agencies
Energy DepartmentFederal Energy Regulatory Commission
Abstract
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 and 1T (Annual Report of Major Electric Utilities, Licensees, and Others), 1-F and 1-FT (Annual Report for Nonmajor Public Utilities and Licensees), and 3-Q and 3-QT (Quarterly Financial Report of Electric Utilities, Licensees, and Natural Gas Companies). The Commission published a 60-day notice in the Federal Register on November 18, 2021 and received one comment.
Full Text
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<title>Federal Register, Volume 87 Issue 68 (Friday, April 8, 2022)</title>
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[Federal Register Volume 87, Number 68 (Friday, April 8, 2022)]
[Notices]
[Pages 20843-20846]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-07398]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC22-3-000]
Commission Information Collection Activities (FERC Form Nos. 1,
1T, 1-F, 1-FT, 3-Q, and 3-QT); Comment Request; Extensions
AGENCY: Federal Energy Regulatory Commission, DOE.
ACTION: Notice of information collection 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 and 1T (Annual Report of
Major Electric Utilities, Licensees, and Others), 1-F and 1-FT (Annual
Report for Nonmajor Public Utilities and Licensees), and 3-Q and 3-QT
(Quarterly Financial Report of Electric Utilities, Licensees, and
Natural Gas Companies). The Commission published a 60-day notice in the
Federal Register on November 18, 2021 and received one comment.
DATES: Comments on the collections of information are due May 9, 2022.
ADDRESSES: Send written comments on FERC Form Nos. 1 and 1T, 1-F and 1-
FT, and 3-Q and 3-QT to the Office of Management and Budget (OMB)
through <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>, Attention: Federal Energy
Regulatory Commission Desk Officer. Please identify the OMB Control
Number: 1902-0021, 1902-0311, 1902-0029, 1902-0312, 1902-0205, and/or
1902-0028 in the subject line. Your comments should be sent within 30
days of publication of this notice in the Federal Register.
Please submit copies of your comments (identified by Docket No.
IC22-3-000 and the form(s)) to the Commission as noted below.
Electronic filing through <a href="http://www.ferc.gov">http://www.ferc.gov</a>, is preferred.
<bullet> Electronic Filing: Documents must be filed in acceptable
native applications and print-to-PDF, but not in scanned or picture
format.
<bullet> For those unable to file electronically, comments may be
filed by USPS mail or by hand (including courier) delivery.
[cir] Mail via U.S. Postal Service only, addressed to: Federal
Energy Regulatory Commission, Secretary of the Commission, 888 First
Street NE, Washington, DC 20426.
[cir] Hand (including courier) delivery to: Federal Energy
Regulatory Commission, 12225 Wilkins Avenue, Rockville, MD 20852.
Instructions: OMB submissions must be formatted and filed in
accordance with submission guidelines at <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Using the search function under the ``Currently Under Review
field,'' select Federal Energy Regulatory Commission; click ``submit''
and select ``comment'' to the right of the subject collection. FERC
submissions must be formatted and filed in accordance with submission
guidelines at: <a href="http://www.ferc.gov">http://www.ferc.gov</a>. For user assistance, contact FERC
Online Support by email at <a href="/cdn-cgi/l/email-protection#1e787b6c7d71707277707b6d6b6e6e716c6a5e787b6c7d30797168"><span class="__cf_email__" data-cfemail="791f1c0b1a16171510171c0a0c0909160b0d391f1c0b1a571e160f">[email protected]</span></a>, or by phone at:
(866) 208-3676 (toll-free).
Docket: Users interested in receiving automatic notification of
activity in this docket or in viewing/downloading comments and
issuances in this docket may do so at <a href="http://www.ferc.gov">http://www.ferc.gov</a>.
FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at
<a href="/cdn-cgi/l/email-protection#a1e5c0d5c0e2cdc4c0d3c0cfc2c4e1e7e4f3e28fc6ced7"><span class="__cf_email__" data-cfemail="88cce9fce9cbe4ede9fae9e6ebedc8cecddacba6efe7fe">[email protected]</span></a> and telephone at (202) 502-8663.
SUPPLEMENTARY INFORMATION:
Type of Request: Three-year extensions of FERC Form Nos. 1, 1T, 1-
F, 1-FT, 3-Q, and 3Q-T with no changes to the current reporting
requirements.<SUP>1 2</SUP> This renewal
[[Page 20844]]
incorporates the requirements and burden represented by the 1 and 1T,
1-F and 1-FT, 3-Q and 3-QT (electric and gas), respectively. Staff
anticipates that the Commission will seek to retire the 1T, 1-FT, and
3-QT as duplicative after OMB decisions are made.
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\1\ Due to expiration dates in 2019 for many of the Commission's
financial forms, the renewal work for several of the forms was in
process or pending at OMB during the 2019 Forms Refresh rulemaking
effort in Docket No. RM19-12-000. OMB can only have one OMB Control
No. pending review at a time. To submit the rulemaking timely to
OMB, we assigned alternate ``temporary'' information collection
numbers (FERC Form No. 1T, 1-FT, and 3-QT (electric and gas).
Accordingly, FERC Form Nos. 1T, 1-FT, and 3-QT represent the
additional burden associated with the final rule in RM19-12-000.
Revisions to the Filing Process for Comm'n Forms, Order No. 859, 84
FR 30620 (June 27, 2019), 167 FERC ] 61,241 (2019).
\2\ For purposes of this notice, unless otherwise stated, FERC
Form Nos. 1 and 1T are collectively referred to as ``FERC Form No.
1,'' FERC Form Nos. 1-F and 1-FT are collectively referred to as
``FERC Form No. 1-F,'' and FERC Form Nos. 3-Q (electric and natural
gas) and 3-QT (electric and natural gas) are collectively referred
to as ``FERC Form No. 3-Q.''
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FERC Form No. 1, Annual Report of Major Electric Utilities, Licensees,
and Others
OMB Control Nos. and Titles: 1902-0021 (FERC Form No. 1, Annual
Report of Major Electric Utilities, Licensees, and Others) and 1902-
0311 (FERC Form No. 1T, Annual Report of Major Electric Utilities,
Licensees and Others--Modifications to Form 1 due to Final Rule in
Docket No. RM19-12-000).
Abstract: FERC Form No. 1 is a comprehensive financial and
operating report submitted annually by major electric utilities,
licensees, and others. It is used by the Commission for electric rate
regulation, market oversight analysis, and audit planning. 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).\3\
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\3\ As detailed in 18 CFR part 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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FERC Form No. 1 is designed to collect financial and operational
information and is made available to the public. FERC Form No. 1
includes a basic set of financial statements:
<bullet> Comparative Balance Sheet,
<bullet> Statement of Income,
<bullet> Statement of Retained Earnings,
<bullet> Statement of Cash Flows,
<bullet> Statements of Accumulated Comprehensive Income,
<bullet> Comprehensive Income, and Hedging Activities, and
<bullet> Notes to Financial Statements.
Supporting schedules contain:
<bullet> Supplementary information and outlines of corporate structure
and governance,
<bullet> Information on formula rates, and
<bullet> Description of important changes during the year.
Other schedules provide:
<bullet> Information on revenues and the related quantities of electric
sales and electricity transmitted,
<bullet> Account balances for all electric operation and maintenance
expenses,
<bullet> Selected plant cost data, and
<bullet> Other statistical information.
XBRL, Order No. 859, and FERC Form No. 1
Previously, FERC Form No. 1 filers would transmit the information
in the form to the Commission using a software application called
Visual FoxPro (VFP). This application is no longer supported by its
developer, Microsoft Corporation. As a result, in April 2015, the
Commission issued an order announcing its intention to replace the VFP
filing format for certain Commission forms (including FERC Form No. 1)
with an eXtensible Markup Language (XML)-based filing format. On June
20, 2019, the Commission issued Order No. 859, which adopted eXtensible
Business Reporting Language (XBRL) as the standard for filing FERC Form
No. 1 and certain other Commission forms.\4\
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\4\ Revisions to the Filing Process for Comm'n Forms, Order No.
859, 167 FERC ] 61,241 (2019).
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Type of Respondent: Major electric utilities.
Estimate of Annual Burden: \5\ The Commission estimates the annual
burden and cost \6\ for FERC Form No. 1 as follows:
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\5\ Burden is defined as the total time, effort, or financial
resources expended by persons to generate, maintain, retain,
disclose, or provide information to or for a Federal agency. For
further explanation of what is included in the information
collection burden, refer to 5 CFR 1320.3. The burden hours and costs
are rounded for ease of presentation.
\6\ The cost is based on FERC's 2021 Commission-wide average
salary cost (salary plus benefits) of $87.00/hour. The Commission
staff believes the FERC FTE (full-time equivalent) average cost for
wages plus benefits is representative of the corresponding cost for
the industry respondents.
Form 1 (OMB Control No. 1902-0021) Including Form 1-T (OMB Control No. 1902-0311)
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Average annual Average annual Total average
Number of number of Total number of burden (hrs.) & annual burden Cost per
Requirements respondents responses per responses cost per (hrs.) & total respondent ($)
respondent response ($) annual cost ($)
(1) (2) (1) * (2) = (3) (4) (3) * (4) = (5) (5) / (1)
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Form 1........................................ 217 1 217 1,168 253,456 $101,616
$101,616 $22,050,672
Form 1-T...................................... 217 1 217 14 3,038 1,218
$1,218 $264,306
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Total (includes both Form 1 and Form 1-T). .............. ................ ................. ................ 256,494 102,834
$22,314,978
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FERC Form No. 1-F, Annual Report for Nonmajor Public Utilities and
Licensees
OMB Control Nos. and Titles: 1902-0029 (FERC Form No. 1-F, Annual
Report for Nonmajor Public Utilities and Licensees) and 1902-0312 (FERC
Form No. 1-FT, Annual Report for Nonmajor Public Utilities and
Licensees, Modifications to FERC Form No. 1-F due to Final Rule in
Docket No. RM19-12-000).
Abstract: FERC Form No. 1-F is a financial and operating report
submitted annually by Nonmajor electric utilities and licensees. The
Commission uses it for electric rate regulation, market oversight
analysis, and planning audits. 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.\7\
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\7\ As detailed in 18 CFR part 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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FERC Form No. 1-F is designed to collect financial and operational
information and is made available to the public. FERC Form No. 1-F
includes a basic set of financial statements:
<bullet> Comparative Balance Sheet,
<bullet> Statement of Retained Earnings,
<bullet> Statement of Cash Flows,
<bullet> Statement of Comprehensive Income and Hedging Activities, and
<bullet> Notes to Financial Statements.
[[Page 20845]]
Supporting schedules contain:
<bullet> Supplementary information and include revenues and the related
quantities of electric sales and electricity transmitted,
<bullet> Account balances for all electric operation and maintenance
expenses,
<bullet> Selected plant cost data, and
<bullet> Other statistical information.
XBRL, Order No. 859, and FERC Form No. 1-F
Previously, FERC Form No. 1-F filers would transmit the information
in the form to the Commission using a software application called VFP.
This application is no longer supported by its developer, Microsoft
Corporation. As a result, in April 2015, the Commission issued an order
announcing its intention to replace the VFP filing format for certain
Commission forms (including FERC Form No. 1-F) with an XML-based filing
format. On June 20, 2019, the Commission issued Order No. 859, which
adopted XBRL as the standard for filing FERC Form No. 1-F and other
Commission forms.\8\
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\8\ Revisions to the Filing Process for Comm'n Forms, Order No.
859, 167 FERC ] 61,241 (2019)
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Type of Respondent: Nonmajor electric utilities.
Estimate of Annual Burden: The estimated annual burden and cost
follow. (The estimated hourly cost used for FERC Form No. 1-F is
$87.00/hour (for wages plus benefits) and is described above, under
FERC Form No. 1.) The burden hours and costs are rounded for ease of
presentation.
Form 1-F (OMB Control No. 1902-0029) Including Form 1-FT (OMB Control No. 1902-0312)
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Average annual Average annual Total average
Number of number of Total number of burden (hrs.) & annual burden Cost per
Requirements respondents responses per responses cost per (hrs.) & total respondent ($)
respondent response ($) annual cost ($)
(1) (2) (1) * (2) = (3) (4) (3) * (4) = (5) (5) / (1)
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Form 1-F...................................... 2 1 2 122 244 $10,614
$10,614 $21,228
Form 1-FT..................................... 2 1 2 14 28 1,218
$1,218 $2,436
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Total (includes both Form 1-F and Form 1- .............. ................ ................. ................ 272 11,832
FT)...................................... $23,664
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FERC Form No. 3-Q, Quarterly Financial Report of Electric Utilities,
Licensees, and Natural Gas Companies
OMB Control Nos. and Titles: 1902-0205 (FERC Form No. 3-Q,
Quarterly Financial Report of Electric Utilities, Licensees, and
Natural Gas Companies) and 1902-0313 (FERC Form No. 3-QT, Quarterly
Financial Report-Electric and Gas, modifications to FERC Form No. 3-Q
due to Final Rule in Docket No. RM19-12-000).
Abstract: FERC Form No. 3-Q is a quarterly financial and operating
report for rate regulation, market oversight analysis, and financial
audits which supplements (a) FERC Form Nos. 1 and 1-F, for the electric
industry, or (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. FERC Form No. 3-Q is submitted for all
Major and Nonmajor electric utilities, licensees, and natural gas
companies.\9\ FERC Form No. 3-Q includes a basic set of financial
statements:
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\9\ 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.
<bullet> Comparative Balance Sheet,
<bullet> Statement of Income and Statement of Retained Earnings,
<bullet> Statement of Cash Flows,
<bullet> Statement of Comprehensive Income and Hedging Activities, and
<bullet> Supporting schedules containing supplementary information.
Electric respondents report:
<bullet> Revenues and the related quantities of electric sales and
electricity transmitted,
<bullet> Account balances for all electric operation and maintenance
expenses,
<bullet> Selected plant cost data, and
<bullet> Other statistical information.
Natural gas respondents report:
<bullet> Monthly and quarterly quantities of gas transported and
associated revenues,
<bullet> Storage, terminalling, and processing services,
<bullet> Natural gas customer accounts and details of service, and
<bullet> Operational expenses, depreciation, depletion, and
amortization of gas plant.
XBRL, Order No. 859, and FERC Form No. 3-Q
Previously, FERC Form No. 3-Q filers would transmit the information
in the form to the Commission using a software application called VFP.
This application is no longer supported by its developer, Microsoft
Corporation. As a result, in April 2015, the Commission issued an order
announcing its intention to replace the VFP filing format for certain
Commission forms (including FERC Form No. 3-Q) with an XML-based filing
format. On June 20, 2019, the Commission issued Order No. 859, which
adopted XBRL as the standard for filing these Commission forms.\10\
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\10\ Revisions to the Filing Process for Comm'n Forms, Order No.
859, 167 FERC ] 61,241 (2019).
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Type of Respondent: Major and nonmajor electric utilities,
licensees, and major and non-major natural gas companies.
Estimate of Annual Burden: The estimated annual burden and cost (as
rounded) follow. (The estimated hourly cost used for FERC Form No. 3-Q
is $87.00/hour (for wages plus benefits) and is described above, under
FERC Form No. 1.) The burden hours and costs are rounded for ease of
presentation. The quarterly filings are generally a subset of the
annual filings. For this reason, the XBRL burden (``3-QT'') hours are
``0'' because the burden associated with the 3-QT is already
incorporated into other burden numbers for FERC Form No. 1 and FERC
Form No. 2.
[[Page 20846]]
Form 3-Q (Electric) (OMB Control No. 1902-0205) Including Form 3-QT (OMB Control No. 1902-0313)
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Average annual Average annual Total average
Number of number of Total number of burden (hrs.) & annual burden Cost per
Requirements respondents responses per responses cost per (hrs.) & total respondent ($)
respondent response ($) annual cost ($)
1 2 (1) * (2) = (3) 4 (3) * (4) = (5) (5) / (1)
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Form 3-Q (Electric)........................... 221 3 663 168 111,384 $43,848
$14,616 $9,690,408
Form 3-QT (Electric).......................... 221 3 663 0 0
$0
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Total (includes both Form 3-Q (Electric) .............. ................ ................. ................ 111,384 43,848
and 3-AT (Electric))..................... $9,690,408
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Form 3-Q (Gas) (OMB Control No. 1902-0205) Including Form 3-QT (OMB Control No. 1902-0313)
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Average annual Average annual Total average
Number of number of Total number of burden (hrs.) & annual burden Cost per
Requirements respondents responses per responses cost per (hrs.) & total respondent ($)
respondent response ($) annual cost ($)
1 2 (1) * (2) = (3) 4 (3) * (4) = (5) (5) / (1)
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Form 3-Q (Gas)................................ 147 3 441 167 73,647 $43,587
$14,529 $6,407,289
Form 3-QT (Gas)............................... 147 3 441 0 0 0
$0 $0
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Total (includes both Form 3-Q (Gas) and 3- .............. ................ ................. ................ 73,647 43,587
AT (Gas))................................ $6,407,289
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For the FERC Form 3-Q (electric and natural gas), the total average
annual burden hours is 185,031, and the total annual cost is
$16,097,697.
60-Day Notice Comments
Comments: The Commission published a 60-day notice on November 18,
2021, in the Federal Register (86 FR 67042) and received one comment
from the government agency, Bureau of Economic Analysis (BEA).
BEA Comment: BEA comments that it is interested in any
modifications that are made to the FERC Form Nos. 1 and 1-F. BEA
explains that it uses data from FERC Form Nos. 1 and 1-F indirectly in
estimating the U.S. Census Bureau's Construction Value Put in Place
(VPIP) for electric utilities. BEA further explains that census VPIP
serves a major source data input to the national income and product
account (NIPA) structures investment estimates. BEA states that while
it uses the information indirectly through the VPIP program, it is
considered an indispensable data source to the NIPA estimates.
FERC Response: The Commission finds BEA's comments regarding the
usefulness of the FERC Form Nos. 1 and 1-F to be helpful. With respect
to BEA's concern about modifications to the forms, the Commission
generally does not make any changes to the data collected in the
financial forms without first offering a public process by which
interested parties, like BEA, may comment on any proposals to change
the collection.
30-Day Notice Comments
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 1, 2022.
Kimberly D. Bose,
Secretary.
[FR Doc. 2022-07398 Filed 4-7-22; 8:45 am]
BILLING CODE 6717-01-P
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