Notice2025-02356
Commission Information Collection Activities (FERC Form Nos. 1,1-F, and 3-Q); Comment Request; Extentions
Primary source
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Published
February 7, 2025
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 (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).
Full Text
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<title>Federal Register, Volume 90 Issue 25 (Friday, February 7, 2025)</title>
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[Federal Register Volume 90, Number 25 (Friday, February 7, 2025)]
[Notices]
[Pages 9151-9153]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02356]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC25-7-000]
Commission Information Collection Activities (FERC Form Nos. 1,1-
F, and 3-Q); Comment Request; Extentions
AGENCY: Federal Energy Regulatory Commission, Department of Energy.
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 April 8,
2025.
ADDRESSES: You may submit comments (identified by Docket No. IC25-7-000
and the form) by either of the following methods:
<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: All 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#20464552434f4e4c494e45535550504f525460464552430e474f56"><span class="__cf_email__" data-cfemail="cbadaeb9a8a4a5a7a2a5aeb8bebbbba4b9bf8badaeb9a8e5aca4bd">[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: Kayla Williams may be reached by email
at <a href="/cdn-cgi/l/email-protection#6f2b0e1b0e2c030a0e1d0e010c0a2f292a3d2c41080019"><span class="__cf_email__" data-cfemail="591d382d381a353c382b38373a3c191f1c0b1a773e362f">[email protected]</span></a>, and telephone at (202) 502-6468.
SUPPLEMENTARY INFORMATION:
Type of Request: Three-year extensions of FERC Form Nos. 1, 1-F,
and 3-Q, with no changes to the current reporting requirements.
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).
Abstract: 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. A major electric utility, licensee,
or other reporter 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).\1\
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\1\ 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> Statement of Accumulated 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.
Type of Respondent: Major electric utilities.
Estimate of Annual Burden: \2\ The Commission estimates the annual
burden and cost \3\ for FERC Form No. 1 as follows:
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\2\ 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.
\3\ The cost is based on FERC's 2025 Commission-wide average
salary cost (salary plus benefits) of $103.00/hour. The Commission
staff believes the FERC FTE (full-time equivalent) average cost for
wages plus benefits is representative of the corresponding cost for
the industry respondents.
[[Page 9152]]
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Average annual Average annual burden Total average annual
Requirements Number of number of Total number (hrs.) & cost per burden (hrs.) & total Cost per
respondents responses of responses response ($) annual cost ($) respondent ($)
(1) (2) (1) * (2) = (4)...................... (3) * (4) = (5).......... (5) / (1)
(3)
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Form 1............................ 216 1 216 1,168; $120,304.......... 252,288; $25,985,664..... $120,304
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Total......................... .............. .............. .............. ......................... 252,288; $25,985,664..... 120,304
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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).
Abstract: 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.\4\
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\4\ 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.
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.
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 $103
(for wages plus benefits) and is described above, under FERC Form No.
1.) The burden hours and costs are rounded for ease of presentation.
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Average annual Average annual burden Total average annual
Requirements Number of number of Total number (hrs.) & cost per burden (hrs.) & total Cost per
respondents responses of responses response ($) annual cost ($) respondent ($)
(1) (2) (1) * (2) = (4)...................... (3) * (4) = (5).......... (5) / (1)
(3)
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Form 1F........................... 2 1 2 122; $12,566............. 244; $25,132............. $12,566
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Total......................... .............. .............. .............. ......................... 244; $25,132............. 12,566
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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).
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.\5\
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\5\ 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:
<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.
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 FERC Form No. 3-Q
is $103 (for wages plus benefits) and is described above, under FERC
Form No. 1.) The burden hours and costs are rounded for ease of
presentation. The quarterly filings are generally a subset of the
annual filings.
[[Page 9153]]
Burden Table--Form 3-Q--Electric and Gas
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Average annual Average annual burden Total average annual
Requirements Number of number of Total number (hrs.) & cost per burden (hrs.) & total Cost per
respondents responses of responses response ($) annual cost ($) respondent ($)
(1) (2) (1) * (2) = (4)...................... (3) * (4) = (5).......... (5) / (1)
(3)
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Form 3-Q (Electric)............... 218 3 654 168; $17,304............. 109,872; $11,316,816..... $51,912
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Form 3-Q (Gas).................... 148 3 444 168; $17,304............. 74,592; $7,682,976....... 51,912
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Total......................... .............. .............. .............. ......................... 184,464; $18,999,792..... 51,912
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For FERC Form No. 3-Q (electric and natural gas), the total average
annual burden hours is 184,464, and the total annual cost is
$18,999,792.
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: February 3, 2025.
Debbie-Anne A. Reese,
Secretary.
[FR Doc. 2025-02356 Filed 2-6-25; 8:45 am]
BILLING CODE 6717-01-P
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