Annual Report of Major Public Utilities, Licensees and Others,

Forms and Documents

Document Name	Status
Form FERC-1 Annual Report of Major Public Utilities, Licensees and Others, Form	Modified
RM08-5-000NOPR Press Release.doc Supplementary Document	2008-01-29
OMB Just. RM08.5.doc Supporting Statement A	2008-01-29

IC Document Collections

IC ID	Document Title	Status
22925	Annual Report of Major Public Utilities, Licensees and Others, Form	Modified

ICR Details

OMB Control No: 1902-0021	ICR Reference No: 200801-1902-005
Status: Historical Inactive	Previous ICR Reference No: 200512-1902-010
Agency/Subagency: FERC	Agency Tracking No: FERC Form 1
Title: Annual Report of Major Public Utilities, Licensees and Others,
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 04/14/2008
	Date Received in OIRA: 01/29/2008
Terms of Clearance: In accordance with 5 CFR 1320, OMB is withholding approval at this time. Prior to publication of the final rule, the agency must submit to OMB a summary of all comments related to the information collection contained in the proposed rule and the agency response. The agency should clearly indicate any changes made to the information collection as a result of these comments.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2009	36 Months From Approved	02/28/2009
Responses	220	0	220
Time Burden (Hours)	250,107	0	250,107
Cost Burden (Dollars)	0	0	0

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Abstract: Under RM08-05-000 NOPR, FERC is amending its financial reporting requirements for the quarterly and annual financial reporting forms for public utilities to improve the forms, reports and statements to provide, in fuller detail, the information the Commission needs to carry out its responsibilities under the Federal Power Act (FPA) to ensure that rates are just and reasonable, and to provide public utility customers, state commissions, and the public the information they need to assess the justness and reasonableness of electric rates. Public utility customers need ready access to data to make informed assessments regarding the propriety of the rates charged, particularly customers of utilities without formula rates. The NOPR proposes changes that would require public utilities to provide additional information regarding implementing formula rates and affiliate transactions.

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Authorizing Statute(s): US Code: 16 USC 825 a, 825f, 825h, 825j Name of Law: Federal Power Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1902-AD50	Proposed rulemaking	73 FR 5136	01/29/2008

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 1

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

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Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The data now reported in the forms lacks certain information that the Commission believes will better permit the Commission and the public to evaluate the filers’ jurisdictional rates. The additional information proposed to be collected by the NOPR will increase the forms’ usefulness to both the Commission and the public. Without this information, it would be difficult for the Commission and the public to assess utility costs, and thereby ensure that utility rates are just and reasonable. The Commission has determined that dependable, affordable, competitive wholesale energy markets require an adequate infrastructure, balanced market rules, and vigilant oversight. This proposed rule helps in achieving the goal of vigilant oversight by providing the Commission with more timely, relevant, reliable and understandable information from jurisdictional participants in the energy markets.

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Annual Cost to Federal Government: $254,712

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 01/29/2008

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