In accordance with 5 CFR 1320, the information collection is approved for three years. Since FERC did not address the previous terms of clearance in 2016, the terms of clearance are still valid in 2019. These are: OMB encourages FERC to reach out to the Bureau of Economic Analysis (BEA) (and any other commenters) to discuss the data needs BEA identified during the review of this information collection request renewal and to determine whether possible efficiencies (to the federal government and industry) may be made by including additional data or information requirements in this form in the future. FERC should discuss what it has done to address the terms of clearance before its next revision.
Inventory as of this Action
Requested
Previously Approved
11/30/2022
36 Months From Approved
12/31/2019
5
0
5
610
0
610
0
0
0
A consolidated supporting statement is being submitted with for Forms 1, 1-F, and 3-Q (electric and gas).
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 1-F is designed to collect financial and operational information from nonmajor public utilities and licensees. Public utilities and 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. The Commission 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 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-F. The 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 the Commission, as well as others, in making economic judgments about the entity or its industry.
(Note that ~4 out of the 5 filers choose to submit electronically using the Form 1 software rather than submitting the paper only Form 1-F.)
The 30-day Notice in Docket IC19-22 is being published in the Federal Register on 7/18/19. (A placeholder is included in the metadata below in order to submit this timely to OMB.) The FERC-issued version of the Notice is included under Supplementary Documents.
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 FERC Form 1-F Annual Report for Nonmajor Public Utilities and Licensees
IC19-22_1_1F_3Q_supp state7-17-19.docx
1_1F-3Q_60day_IC19-22_FR2019-09297.pdf
Annual Report for Nonmajor Public Utilities and Licensees