FERC Form 11 provides monthly data on revenue and volume items of major natural pipelines. FERC staff use the Form 11 data for current information on developments and trends in the activities of regulated major natural gas pipelines and to verify data presented in rate proceedings.
In RM07-9-000, the Commission believes that the most efficient way to collect the information now reported in Form 11 is to add a new schedule to Forms 2 and 3-Q, entitled ÂMonthly Quantity & Revenue Data by Rate Schedule, to require the reporting of information now contained in Form 11. An additional benefit of this change in reporting is that the data collected in Form 11 can now be filed using Commission issued software as part of the Form 2 filing rather than as a separate submission. Accordingly, FERC Form 11 will be terminated on February 29, 2009, the date that pipelines will be required to file a revised Form 3-Q.
The information maintained and collected under the requirements of Part 260 is essential to the CommissionÂs oversight duties. The data now reported in the forms does not provide sufficient information to the Commission and the public to permit an evaluation of the filers jurisdictional rates. Since the triennial restatement of rates requirement was abolished and pipelines are no longer required to submit this information, the need for current and relevant data is greater than in the past. The information collection proposed in the Final Rule will increase the forms usefulness to both the public and the Commission. Without this information, it is difficult for the Commission and the public to perform an assessment of pipeline costs, and thereby help to ensure that rates are just and reasonable.
The Commission has determined that dependable, affordable, competitive wholesale energy markets require an adequate infrastructure, balanced market rules, and vigilant oversight. This proposed rule helps in achieving the goal of vigilant oversight by providing the Commission with more timely, relevant, reliable and understandable information from jurisdictional participants in the energy markets.
In response to RM07-9-000 NOPR and FERC's proposal to eliminate the FERC Form 11, commenters indicated that Form 11 information is unique and useful for performing a reasonable rate assessment. FERC agrees with NGSA and others that eliminating Form 11 without incorporating the detail in other forms would remove from consideration data that is not available elsewhere. FERC believes that the most efficient way to collect the information now reported in Form 11 is to add a new schedule to Forms 2 and 3-Q, entitled ÂMonthly Quantity & Revenue Data by Rate Schedule, to require the reporting of information now contained in Form 11. An additional benefit of this change in reporting is that the data collected in Form 11 can now be filed using FERC issued software as part of the Form 2 filing rather than as a separate submission. Accordingly, FERC Form 11 will be terminated on February 29, 2009, the date that pipelines will be required to file a revised Form 3-Q.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form 11 Natural Gas Pipeline Company Quarterly Statement of Monthly Data
FERC Form 11 Sample filing 2008.pdf
OMB Just. RM07.9.doc
Natural Gas Pipeline Company Quarterly Statement of Monthly Data