FERC Form No. 60 (Annual Reports Of Centralized Service Cos.), FERC-61 (Narrative Description Of Service Co, FERC-555A (Preservation of Records Companies & Service Cos)
FERC Form No. 60 (Annual Reports Of Centralized Service Cos.), FERC-61 (Narrative Description Of Service Co, FERC-555A (Preservation of Records Companies & Service Cos)
Extension without change of a currently approved collection
In accordance with 5 CFR 1320, the information collection is approved.
Inventory as of this Action
Requested
Previously Approved
08/31/2028
36 Months From Approved
08/31/2025
102
0
286
57,973
0
135,231
510
0
49,148
In accordance with the Public Utility Holding Company Act 2005 (PUHCA 2005), the Commission requires centralized service companies to file FERC Form No. 60 or FERC-61, and comply with FERC-555Aâs requirements unless the company is exempted or granted a waiver pursuant to the Commissionâs regulations. The information collected in FERC Form No. 60 and FERC 61 enables better monitoring for cross-subsidization, and aids the Commission in carrying out its statutory responsibilities. In addition, centralized service companies are required under 555A to retain core business and accounting data to enable the Commission to meet its mandated rate review responsibilities and for agency audits.
FERC requests a three-year extension of the information collection requirements for FERC Form No. 60, FERC-61, and FERC-555A with no changes to the current reporting requirements.
Program changes. There are no program changes to the reporting or recordkeeping requirements. The last information collection request described one-time costs associated with changing regulatory requirements. The burden is no longer included as submitters have completed these one-time changes.
Adjustment to Estimates.
⢠The FERC Form No. 60 reporting burden experienced a decrease of 5 responses annually based on fluctuations in market activity. The hourly burden per response remains unchanged. Overall, Form No. 60 reporting burden decreased by 390 hours annually.
⢠The FERC-61 reporting burden experienced a decrease of 66 responses annually based on a change in methodology for estimating the number of FERC-61 respondents. Previously, the number of responses included the potential for a holding company to file for a group of companies. In contrast, the current estimate is updated to instead reflect the actual number of filers filing the FERC-61, as opposed to the potential number of companies represented by the population of filers. It is also consistent with the manner in which the number of respondents is estimated for other Commission collections. The varying corporate sizes and complexities inherent in the filing community is already taken into account via the burden hours estimate that is based on average filer burden. The hourly burden per response remains unchanged. The decrease in the estimated number of FERC-61 filers resulted in an overall reporting burden decrease of 33 hours annually.
⢠The FERC-555A reporting burden experienced a decrease of 71 responses annually also based on activity within industry (decrease of five responses) and change due to agency adjustment in estimate (decrease of 66 responses). The hourly burden per response remains unchanged. Overall, FERC-555A reporting burden decreased by 76,680 hours annually
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 60 Form 60: Annual Report of Centrialized Service Companies
Form 60_61_555A Renewal supp. statement 2025 Final.docx
FERC 60 61 555A - 30 Day eLibrary.PDF
FERC-61, Narrative Description of Service Company Functions