FERC-2, [RM07-9-003] Annual Report of Major Natural Gas Companies

Forms and Documents

Document Name	Status
Form Form 2 FERC Form 2, Annual Report of Major Natural Gas Companies Form and Instruction	Modified
RM07-9-003_Final_Rule_Justification[1]2_1_11.doc Supporting Statement A	2011-02-01
Form 2_2A Statute.doc Supplementary Document	2011-01-27
Form 2 Regs 260_1.doc Supplementary Document	2011-01-27

IC Document Collections

IC ID	Document Title	Status
22943	FERC Form 2, Annual Report of Major Natural Gas Companies Form and Instruction	Modified

ICR Details

OMB Control No: 1902-0028	ICR Reference No: 201101-1902-001
Status: Historical Active	Previous ICR Reference No: 200804-1902-005
Agency/Subagency: FERC	Agency Tracking No: FERC Form 2
Title: FERC-2, [RM07-9-003] Annual Report of Major Natural Gas Companies
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 05/16/2011
	Date Received in OIRA: 02/01/2011
Terms of Clearance: In accordance with 5 CFR 1320, the collection is approved for 3 years.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2014	36 Months From Approved	06/30/2011
Responses	84	0	74
Time Burden (Hours)	136,836	0	120,102
Cost Burden (Dollars)	0	0	0

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Abstract: The FERC Form No. 2 is a financial and operating report for natural gas rate regulation for major pipeline owners. "Major" is defined as companies having combined gas sold for resale and gas transported or stored for a fee that exceeds 50 million Dth in each of the three previous calendar years. Under the FERC Form No. 2, the Commission investigates, collects and records data and prescribes rules and regulations concerning accounts, records and memoranda as necessary to administer the Natural Gas Act (NGA). Form No. 2 is being revised to include functionalized fuel data on pages 521a through 521c of those forms, and to include on those forms the amount of fuel waived, discounted or reduced as part of a negotiated rate agreement. In addition, the Commission also is revising page 520 for consistency. The information collected in the Form 2 is used by Commission staff, state regulatory agencies and others in the review of the financial condition of regulated companies. The information is also used in various rate proceedings, industry analyses and in the Commission's audit programs and as appropriate, for the computation of annual charges based on certain schedules contained on the forms. The Commission provides the information to the public, intervenors and all interested parties to assist in the proceedings before the Commission.

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Authorizing Statute(s): US Code: 15 USC 717(g)-717(i) Name of Law: Natural Gas Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1902-AE11	Final or interim final rulemaking	76 FR 4516	01/26/2011

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
FERC Form 2, Annual Report of Major Natural Gas Companies	Form 2, Form 2 (Revised Portion)	Major Natural Gas Pipeline Annual Report ,   Major Natural Gas Pipeline Annual Report

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	84	74	0	0	10	0
Annual Time Burden (Hours)	136,836	120,102	0	504	16,230	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: In this proceeding, the Commission is seeking approval of newly revised Forms 2, 2-A, and 3-Q. The additional information that will now be provided does impose a small increase in burden on respondents. The data previously reported in the forms does not provide sufficient information to the Commission and the public to permit a complete evaluation of the filers' jurisdictional rates. The more detailed information that will be filed fills that gap. 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 approved 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 a complete assessment of pipeline costs, and thereby help to ensure that rates are just and reasonable. In addition to the more detailed information to be filed on the forms, there is also a burden increase (adjustment) due to an increase in the number of filers since the last review. The number of Form 2 respondents has increased by 10 and the number of Form 3-Q respondents has increased by a net of 9. This increase is due to additional companies entering the industry.

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Annual Cost to Federal Government: $117,342

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 02/01/2011

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