In accordance
with 5 CFR 1320, OMB is filing comment and withholding approval at
this time. The agency shall examine public comment in response to
the 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, including comments on maximizing the practical
utility of the collection and minimizing the burden.
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
0
0
0
0
0
0
0
0
0
Because the FERC-714 is in the process
of being renewed, we are using a temporary information collection
no. (FERC-714A) for the related aspects of the NOPR in RM19-12.
NOPR in RM19-12.The Commission is proposing to transition from the
current use of the Visual FoxPro software, which is no longer
supported by its developer, to a type of Extensible Markup Language
(XML) called eXtensible Business Reporting Language (XBRL). The
XBRL standard would be used to file the Commission’s 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 should make the information in these forms easier
for filers and data users to analyze and assist in automating
regulatory filings and business information processing. In
addition, 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. The Commission is also proposing to revise its
regulations to require filers of Form No. 1-F to file their report
in electronic media pursuant to 18 CFR 385.2011. Background on the
related FERC-714. The Federal Power Act (FPA) authorizes the
Commission to collect information from electric utility balancing
authorities and planning areas in the United States. The Commission
implements the data collection requirements in 18 CFR 141.51. The
Commission uses the collected data to analyze power system
operations along with its regulatory functions. These analyses
estimate the effect of changes in power system operations resulting
from the installation of a new generating unit or plant,
transmission facilities, energy transfers between systems, and/or
new points of interconnections. Also, these analyses serve to
correlate rates and charges, assess reliability and other operating
attributes in regulatory proceedings, monitor market trends and
behaviors, and determine the competitive impacts of proposed
mergers, acquisitions, and dispositions.
Under the Commission’s
regulations, certain entities are required to report information to
the Commission by filing one or more forms. Currently, these
entities use a Commission-distributed software application called
Visual FoxPro. Each entity is required to gather its relevant
financial and other data and enter the data into Visual FoxPro,
which the entity maintains on its own computer system. The entity
then uses the Visual FoxPro software to transmit the information to
the Commission. However, Microsoft Corporation, the developer of
Visual FoxPro, no longer supports this product. Recognizing that
Microsoft Corporation no longer supports Visual FoxPro, on April
25, 2015, the Commission issued an order announcing its intention
to replace the current Visual FoxPro filing format for Form Nos. 1,
1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 6-Q, 60, and 714
(collectively, the VFP Forms) with an XML-based filing format. The
Commission stated that XML is the current industry standard for
submission of electronic data, such as that captured in its forms,
and that the XML data format has significant advantages over other
approaches because it is non-proprietary, and would establish a
single standard for nearly all Commission forms while also
providing consistency with the Commission’s current electronic
tariff (eTariff) filings and the Electric Quarterly Report (EQR)
systems. The XML format facilitates the sharing of data across
different information systems, particularly via the Internet, by
structuring the data using tags to identify particular data
elements.
$4,931
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.