OMB files this comment in accordance with 5 CFR 1320.11(c) of the Paperwork Reduction Act and is withholding approval of this collection at this time. This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. The agency shall examine public comment in response to the Notice of Proposed Rulemaking and will include in the supporting statement of the next ICR, to be submitted to OMB at the final rule stage, a description of how the agency has responded to any public comments on the ICR. This action has no effect on any current approvals.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
12/31/2014
36 Months From Approved
12/31/2014
5
0
5
580
0
580
0
0
0
[There will be 6 ICRs submitted with a consolidated supporting statement for the NOPR in RM11-24.] In accordance with secs. 304 & 309 of Federal Power Act, FERC is authorized to collect & record data to the extent it considers necessary, & to prescribe rules and regulations concerning accounts, records and memoranda. FERC 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. Form 1-F is designed to collect financial & operational information from nonmajor public utilities & licensees. Public utilities & licensees that are not classified as major and had total sales in each of the last three consecutive years of 10,000 megawatt-hours or more are classified as nonmajor. FERC collects Form No. 1-F information as prescribed in 18 CFR 141.2. Under the existing regulations, FERC jurisdictional entities subject to its Uniform System of Accounts must annually file with FERC a complete set of financial statements, along with other selected financial and non financial data through the submission of Form 1-F. FERC Annual Report Forms provide 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 FERC, as well as others, in making economic judgments about the entity or its industry.
In this NOPR in Docket RM11-24, FERC seeks comment on a package of related proposals developed by FERC based on comments received in response to a Notice of Inquiry (NOI) issued on 6/16/2011. As noted in the NOI, there is growing interest in rate flexibility by both purchasers and sellers of ancillary services. A variety of resources are poised to provide ancillary services but may be frustrated from doing so by certain aspects of FERC's market-based rate policies. At the same time, transmission customers and sellers alike are seeking greater transparency with regard to reserve requirements for ancillary services, with a particular focus on Regulation and Frequency Response. As FERC has considered ways to foster transparency and competition in ancillary services markets, issues also have arisen related to accounting for and reporting of sales from energy storage devices that, if left unresolved, could impair the ability of these resources to participate in markets for ancillary services and other services subject to the FERC's jurisdiction.
Based on the comments received in response to the NOI, FERC proposes to revise certain aspects of its market-based rate regulations, ancillary services requirements under the pro forma open-access transmission tariff (OATT), and accounting and reporting requirements. Specifically, FERC proposes to revise its Avista Corp. policy governing the sale of ancillary services at market-based rates to public utility transmission providers and reflect such reforms in Parts 35 and 37 of FERC's regulations. FERC also proposes to require each public utility transmission provider to include provisions in its OATT explaining how it will determine Regulation and Frequency Response service reserve requirements in a manner that takes into account the speed and accuracy of resources used. Finally, FERC proposes to revise certain accounting and reporting requirements under its Uniform System of Accounts for public utilities and licensees (USofA) and its forms, statements, and reports, contained in FERC Form No. 1 (Annual Report of Major Electric Utilities, Licensees and Others), FERC Form No. 1-F (Annual Report for Nonmajor Public Utilities and Licensees), and FERC Form No. 3-Q (Quarterly Financial Report of Electric Utilities, Licensees, and Natural Gas Companies), to better account for and report transactions associated with energy storage devices used in public utility operations.
For the 6 ICRs affected by the NOPR in RM11-24, the only changes in the burden are: (a) program increases in the estimated burden per response due to the new data requirements, (b) new one-time OATT filings under FERC-917 that accounts for one response from each of the existing 132 respondents, and (c) agency adjustments resulting from slight changes in the number of entities filing the forms including one additional filer of Form 1. The number of filers of Form 1-F and 3Q is unchanged.
FERC is requesting comment on proposals developed as a result of comments received in response to a Notice of Inquiry (NOI) issued on June 16, 2011. The NOPR explains
$15,812
No
No
No
No
No
Uncollected
Brian Holmes 202 219-2618
Reginfo record details
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.
Form Form 1-F Annual Report of NonMajor Public Utilities and Licensees
RM11-24 final supporting statement 11_7_2012update.doc
USCODE-title16-sec825h.pdf
Annual Report of NonMajor Public Utilities and Licensees