FERC Form 1-F Annual Report Of Nonmajor Public Utilities And Licensees

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Form 1-F
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FERC FINANCIAL REPORT
FERC Form No. 1-F: Annual Report of Nonmajor Public Utilities and Licensees

This report is mandatory under the Federal Power Act, Sections 304(a), and 18 CFR 141.2. Failure
to report may result in criminal fines, civil penalties and other sanctions as provided by law. The
Federal Energy Regulatory Commission does not consider this report to be of a confidential nature

TABLE OF CONTENTS
PART TITLE
Instructions
I
Identification
II
Annual Report Corporate Officer Certification
III
Comparative Balance Sheet
IV
Statement of Income for the Year
V
Statement of Retained Earnings
VI
Statement of Cash Flows
VII
Statement of Accumulated Comprehensive Income and Hedging
Activities
VIII
Notes to Financial Statements
IX
Allowances
X
Other Regulatory Assets
XI
Data on Officers and Directors
XII
Accumulated Provision for Depreciation and Amortization of Utility
Plant
XIII
Capital Stock Data
XIV
Long-Term Debt Data
XV
Other Regulatory Liabilities
XVI
Electric Sales Data for the Year
XVII
Electric Operation and Maintenance Expense
XVIII Sales for Resale
XIX
Purchased Power
XX
Utility Plant Data
XXI
Footnote Data
XXII
Purchases and Sales of Ancillary Services
XXIII Monthly Transmission System Peak Load
XXIV Transmission Service and Generation Interconnection Study Costs
XXV Amounts Included in ISO/RTO Settlement Statements

PAGE
2
3
3a
4-5
6-8
9
10-11
12(a)(b)
13-14
15-16
17
18
19
19
19
20
21
21
22
23
24
25
26
27-28
29
30

SUBSTITUTE PAGES FOR NONMAJOR RESPONDENTS USING ACCOUNTS
DESIGNATED FOR MAJOR CLASSIFICATION (Part 101)
III
Comparative Balance Sheet (110-113)
IV
Statement of Income for the Year (114-117)
V
Statement of Retained Earnings for the Year (118-119)
XX
Summary of Utility Plant and Accumulated Provisions for Depreciation,
Amortization and Depletion (200-201, 204-207)
XII
Accumulated Provision for Depreciation of Electric Utility Plant (219)
XVI
Electric Operating Revenues (300-301)
XVIII Sales for Resale (310-311)
XVII
Electric Operation and Maintenance Expenses (320-323)
XIX
Purchased Power (326-327)

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INSTRUCTIONS FOR FILING FERC Form No. 1-F
GENERAL INFORMATION
I.

Purpose

FERC Forms 1-F and 3-Q are designed to collect financial and operational information from
nonmajor public utilities and licensees subject to the jurisdiction of the Federal Energy
Regulatory Commission
II.

Who Must Submit

Each Nonmajor Public Utility or Licensee, as classified in the Commission’s Uniform System of
Accounts Prescribed for Public Utilities, Licensees, and Others Subject to the Provisions of the
Federal Power Act (18 CFR Part 101 (U.S. of A.) must submit FERC Form 1-F (18 C.F.R. §
141.2). Filers required to submit FERC Form 1-F must also submit FERC Form 3-Q (18 C.F.R. §
141.400).
Each Nonmajor public utility or licensee classified as Class C or Class D prior to January 1,
1984, may continue to file only the basic financial statements -Parts III, IV and V.
Note: Nonmajor means having total annual sales of 10,000 megawatt-hours or more in the
previous calendar year and not classified as “Major.”
III.

What and Where to Submit
a.

Submit FERC Form Nos. 2, 2-A and 3-Q electronically through the eCollection
portal at https://eCollection.ferc.gov, and according to the specifications in the
Form 1-F taxonomy.

b.

For the CPA certification, submit with the original quarter (18 C.F.R. § 141.400).
submission or within 30 days after the filing date of FERC Form 1-F, a letter or
report (not applicable to respondents classified as Class C or Class D prior to
January 1, 1984):
i.

Attesting to the conformity, in all material aspects, of the below listed
(schedules and) pages with the Commission’s applicable Uniform Systems
of Accounts (including applicable notes relating thereto and the Chief
Accountant’s published accounting releases), and

ii.

Signed by independent certified public accountants or an independent
licensed public accountant, certified or licensed by a regulatory authority
of a State or other political subdivision of the U.S. (See 18 C.F.R. §§
41.10 41.12 for specific qualifications.)
Schedules
Comparative Balance Sheet

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Statement of Income
Statement of Retained
Earnings Statement of Cash
Flows Notes to Financial
Statements
c.

The following format must be used for the CPA Certification Statement for the
letter or report unless unusual circumstances or conditions, explained in the letter
or report, demand that it be varied. Insert parenthetical phrases only when
exceptions are reported.
“In connection with our regular examination of the financial statements of
[COMPANY NAME] for the year ended on which we have reported
separately under date of [DATE] we have also reviewed schedules of
[NAME OF SCHEDULES] of Form 1-F for the year filed with the Federal
Energy Regulatory Commission, for conformity in all material respects
with the requirements of the Federal Energy Regulatory Commission as
set forth in its applicable Uniform System of Accounts and published
accounting releases. Our review for this purpose included such tests of the
accounting records and such other auditing procedures as we considered
necessary in the circumstances.
Based on our review, in our opinion the accompanying schedules
identified in the preceding paragraph (except as noted below) conform in
all material respects with the accounting requirements of the Federal
Energy Regulatory Commission as set forth in its applicable Uniform
System of Accounts and published accounting releases.
The letter or report must state which, if any, of the pages above do not conform to
the Commission’s requirements. Describe the discrepancies that exist.

d.

IV.

Federal, State and Local Governments and other authorized users may obtain
blank copies of the FERC Form 1-F free of charge from
https://www.ferc.gov/general-information-0/electric-industry-forms.

When to Submit

Submit FERC Form 1-F on or before April 18th of the year following the calendar year covered
by this report (18 C.F.R. § 141.2). Submit FERC Form 3-Q within 70 days from the end of the
reporting quarter (18 C.F.R. § 141.400).
V.

Where to Send Comments on Public Reporting Burden

The public reporting burden for this collection of information is estimated to average 122 hours
per response, including the time for reviewing instructions, searching existing data sources,
gathering and maintaining the data needed, and completing and reviewing the collection of

FERC FORM 1-F (ED. 02-22)

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information. Send comments regarding this burden estimate or any aspect of this collection of
information, including suggestions for reducing this burden, to the Federal Energy Regulatory
Commission, 888 First Street NE., Washington, DC 20426 (Attention: Information Clearance
Officer, CI-1; and to the Office of Management and Budget, Washington, DC 20503 (Attention:
Desk Officer for the Federal Energy Regulatory Commission). No person shall be subject to any
penalty if any collection of information does not display a valid control number (44 U.S.C. §
3512 (a)).

FERC FORM 1-F (ED. 02-22)

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GENERAL INSTRUCTIONS
Report data as outlined in the U.S. of A. (18 C.F.R. Part 101) as designed for “Nonmajor”
electric utilities. If the “Major” designated accounts are maintained, then the following schedules
may be substituted:
Nonmajor Accounts
Part Number
III
IV
V
XII
XVI
XVII
XVIII
XIX
XX

Major Accounts Schedule
Page (FERC Form No. 1)
110-113
114-117
118-119
219
300-301
320-323
310-311
326-327
200-201, 204-207

Enter in whole dollars only.
Indicate negative amounts by enclosing the figures in parenthesis ( ), except where otherwise
noted (debit or credit).
For any resubmissions, please explain the reason for the resubmission in a footnote to the data
field.
Enter Not applicable whenever a particular part is not applicable.
Schedule specific instructions are found in the applicable taxonomy and on the applicable blank
rendered form.

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