Form 1, Annual Report of Major Public Utilities, Licensees and Others

ICR 201110-1902-001

OMB: 1902-0021

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2011-10-27
Supporting Statement A
2011-10-26
Supplementary Document
2011-10-26
Supplementary Document
2011-10-26
Supplementary Document
2011-10-26
IC Document Collections
ICR Details
1902-0021 201110-1902-001
Historical Active 200810-1902-005
FERC FERC Form 1
Form 1, Annual Report of Major Public Utilities, Licensees and Others
Extension without change of a currently approved collection   No
Regular
Approved without change 12/27/2011
Retrieve Notice of Action (NOA) 11/01/2011
In accordance with 5 CFR 1320, the information collection is approved for three years.
  Inventory as of this Action Requested Previously Approved
12/31/2014 36 Months From Approved 12/31/2011
209 0 211
242,858 0 245,150
0 0 0

In accordance with sections 304 and 309 of the Federal Power Act, FERC is authorized to collect and record data to the extent it considers necessary, and to prescribe rules and regulations concerning accounts, records and memoranda. The Commission may prescribe a system of accounts for jurisdictional companies and after notice and an opportunity for hearing may determine the accounts in which particular outlays and receipts will be entered, charged or credited. The Form No. 1 (Annual Report of Major Public Utilities, Licensees and Others) is a comprehensive financial and operating report submitted for Electric Rate regulation and financial audits. "Major" is defined as having (1) one million Megawatt hours or more; (2) 100 megawatt hours of annual sales for resale; (3) 500 megawatt hours of annual power exchange delivered; or (4) 500 megawatt hours of annual wheeling for others (deliveries plus losses). The Commission collects Form No. 1 information as prescribed in 18 CFR 141.1. Under the existing regulations FERC jurisdictional entities subject to its Uniform System of Accounts must annually file with the Commission a complete set of financial statements, along with other selected financial and non financial data through the submission of FERC Annual Report Form 1. The Form 1 provides the Commission, as well as others, with an informative picture of the jurisdictional entities financial condition along with other relevant data that is used by the Commission, as well as others, in making economic judgments about the entity or its industry.

US Code: 16 USC 825c, 825h Name of Law: Federal Power Act
  
None

Not associated with rulemaking

  76 FR 46781 08/03/2011
76 FR 66707 10/27/2011
Yes

1
IC Title Form No. Form Name
Annual Report of Major Public Utilities, Licensees and Others, Form 1 Annual Report of Major Electric Utilities, Licensees, and Others

  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 209 211 0 0 -2 0
Annual Time Burden (Hours) 242,858 245,150 0 0 -2,292 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The form itself remains unchanged from what it was previously. The only changes in the burden are agency adjustments resulting from slight changes in the number of entities filing the form and a slight increase in the estimated burden per response. The estimated number of entities that must file the FERC Form 1 has decreased by 2 since 2008. This is due to normal fluctuations in the market, not to any special circumstances. The average burden per response has been rounded up by .15 because the Commission did not see the value of estimating out two decimal places. The average burden hours per response for the Form 1 is based on the Commission's estimate over many years of collecting this form.

$143,947
No
No
No
No
No
Uncollected
Thomas Rieley 202 502-6203

  No

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.
11/01/2011


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