FERC-1FT, Annual Report for Nonmajor
Public Utilities and Licensees, Modifications to FERC-1-F due to
Final Rule in Docket No. RM19-12 (RIN 1902-AF58).. Data related to
the NOPR are shown in the fields below for the 60-day notice. Data
related to the Final Rule are shown in the 30-day notice fields.
This temporary info. collection no. is needed due to pending
renewal work for the Form 1-F. The NOPR in Docket No. RM19-12 was
submitted to OMB in Form 1-F, and was published in the Fed. Reg. on
2/4/2019 (84 FR 1412). That information is included in metadata
below under 60-day notice; information related to the Final Rule is
included below under 30-day notice. In accordance with sections 304
and 309 of the Federal Power Act and section 10(a) of the Natural
Gas Act, the Commission is authorized to collect and record data to
the extent it considers necessary, and to prescribe rules and
regulations concerning accounts, records and memoranda. Under the
existing regulations, FERC jurisdictional entities subject to its
Uniform System of Accounts (USofA) 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 Forms Nos. 1 and 1-F. The FERC Form No. 1 is a
comprehensive financial and operating report submitted for electric
rate regulation, market oversight analysis, and financial audits.
Major pertains to utilities and licensees that have, in each of the
three previous calendar years, sales or transmission services that
exceed one of the following: (1) one million megawatt hours of
total annual sales; (2) 100 megawatt hours of annual sales for
resale; (3) 500 megawatt hours of annual power exchanges delivered;
or (4) 500 megawatt hours of annual wheeling for others (deliveries
plus losses). FERC Form No. 1-F is designed to collect financial
and operational information from Nonmajor public utilities and
licensees. Nonmajor pertains to utilities and licensees that have
total annual sales of 10,000 megawatt-hours or more in the previous
calendar each of the last three consecutives years and that are not
classified as Major.
The Commission is adopting
eXtensible Business Reporting Language (XBRL) as the standard for
filing the Commission Form Nos. 1, 1-F, 2, 2-A, 3-Q electric, 3-Q
natural gas, 6, 6-Q, 60, and 714. The use of XBRL will make the
information in these forms easier for filers to submit and data
users to analyze, and assist in automating regulatory filings. The
Commission believes that transitioning from the current Visual
FoxPro system to XBRL will decrease the costs, over time, of
preparing the necessary data for submission and complying with
future changes to filing requirements set forth by the Commission.
In addition, the Commission is revising its regulations to require
filers of Form No. 1-F to file their report in electronic
media.
$184,927
No
No
No
No
No
No
Uncollected
Robert Hudson 202
502-6620
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.
RM19-12-000 Final Rule supporting statement.docx
RM19-12final rule_news release20190620-3046.pdf
FERC-1-FT, Annual Report for Nonmajor Public Utilities and Licensees, Modifications to FERC-1-F due to Final Rule in Docket No. RM19-12