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[Federal Register Volume 90, Number 25 (Friday, February 7, 2025)]
[Notices]
[Pages 9151-9153]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-02356]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. IC25-7-000]

Commission Information Collection Activities (FERC Form Nos. 1,1-
F, and 3-Q); Comment Request; Extentions

AGENCY: Federal Energy Regulatory Commission, Department of Energy.

ACTION: Notice of information collections and request for comments.

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SUMMARY: In compliance with the requirements of the Paperwork Reduction 
Act of 1995 (PRA), the Federal Energy Regulatory Commission (Commission 
or FERC) is soliciting public comment on the currently approved 
information collections, FERC Form Nos. 1 (Annual Report of Major 
Electric Utilities, Licensees, and Others), 1-F (Annual Report for 
Nonmajor Public Utilities and Licensees), and 3-Q (Quarterly Financial 
Report of Electric Utilities, Licensees, and Natural Gas Companies).

DATES: Comments on the collections of information are due April 8, 
2025.

ADDRESSES: You may submit comments (identified by Docket No. IC25-7-000 
and the form) by either of the following methods:
     Electronic filing: Documents must be filed in acceptable 
native applications and print-to-PDF, but not in scanned or picture 
format.
     For those unable to file electronically, comments may be 
filed by USPS mail or by hand (including courier) delivery:
    [cir] Mail via U.S. Postal Service only, addressed to: Federal 
Energy Regulatory Commission, Secretary of the Commission, 888 First 
Street NE, Washington, DC 20426.
    [cir] Hand (including courier) delivery to: Federal Energy 
Regulatory Commission, 12225 Wilkins Avenue, Rockville, MD 20852.
    Instructions: All submissions must be formatted and filed in 
accordance with submission guidelines at: http://www.ferc.gov. For user 
assistance, contact FERC Online Support by email at 
[email protected], or by phone at (866) 208-3676 (toll-free).
    Docket: Users interested in receiving automatic notification of 
activity in this docket or in viewing/downloading comments and 
issuances in this docket may do so at http://www.ferc.gov.

FOR FURTHER INFORMATION CONTACT: Kayla Williams may be reached by email 
at [email protected], and telephone at (202) 502-6468.

SUPPLEMENTARY INFORMATION: 
    Type of Request: Three-year extensions of FERC Form Nos. 1, 1-F, 
and 3-Q, with no changes to the current reporting requirements.

FERC Form No. 1, Annual Report of Major Electric Utilities, Licensees, 
and Others

    OMB Control Nos. and Titles: 1902-0021 (FERC Form No. 1, Annual 
Report of Major Electric Utilities, Licensees, and Others).
    Abstract: FERC Form No. 1 is a comprehensive financial and 
operating report submitted annually for electric rate regulation, 
market oversight analysis, and financial audits by major electric 
utilities, licensees, and others. A major electric utility, licensee, 
or other reporter is defined as having in each of the last three 
consecutive calendar years, sales or transmission services that exceed 
one of the following: (1) one million megawatt-hours of total sales; 
(2) 100 megawatt-hours of sales for resale; (3) 500 megawatt-hours of 
power exchanges delivered; or (4) 500 megawatt-hours of wheeling for 
others (deliveries plus losses).\1\
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    \1\ As detailed in 18 CFR part 101 (Uniform System of Accounts 
Prescribed for Public Utilities and Licensees Subject to the 
Provision of the Federal Power Act, General Instructions) and 18 CFR 
141.1.
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    FERC Form No. 1 is designed to collect financial and operational 
information and is made available to the public. FERC Form No. 1 
includes a basic set of financial statements:
     Comparative Balance Sheet,
     Statement of Income,
     Statement of Retained Earnings,
     Statement of Cash Flows,
     Statement of Accumulated Comprehensive Income and Hedging 
Activities, and
     Notes to Financial Statements.
    Supporting schedules contain:
     Supplementary information and outlines of corporate 
structure and governance,
     Information on formula rates, and
     Description of important changes during the year.
    Other schedules provide:
     Information on revenues and the related quantities of 
electric sales and electricity transmitted,
     Account balances for all electric operation and 
maintenance expenses,
     Selected plant cost data, and
     Other statistical information.
    Type of Respondent: Major electric utilities.
    Estimate of Annual Burden: \2\ The Commission estimates the annual 
burden and cost \3\ for FERC Form No. 1 as follows:
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    \2\ Burden is defined as the total time, effort, or financial 
resources expended by persons to generate, maintain, retain, 
disclose, or provide information to or for a Federal agency. For 
further explanation of what is included in the information 
collection burden, refer to 5 CFR 1320.3. The burden hours and costs 
are rounded for ease of presentation.
    \3\ The cost is based on FERC's 2025 Commission-wide average 
salary cost (salary plus benefits) of $103.00/hour. The Commission 
staff believes the FERC FTE (full-time equivalent) average cost for 
wages plus benefits is representative of the corresponding cost for 
the industry respondents.

[[Page 9152]]

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                                                    Average annual                    Average annual burden       Total average annual
           Requirements                Number of       number of     Total number       (hrs.) & cost per        burden (hrs.) & total       Cost per
                                      respondents      responses     of responses          response ($)             annual cost ($)       respondent ($)
                                               (1)             (2)     (1) * (2) =  (4)......................  (3) * (4) = (5)..........       (5) / (1)
                                                                               (3)
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Form 1............................             216               1             216  1,168; $120,304..........  252,288; $25,985,664.....        $120,304
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    Total.........................  ..............  ..............  ..............  .........................  252,288; $25,985,664.....         120,304
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FERC Form No. 1-F, Annual Report for Nonmajor Public Utilities and 
Licensees

    OMB Control Nos. and Titles: 1902-0029 (FERC Form No. 1-F, Annual 
Report for Nonmajor Public Utilities and Licensees).
    Abstract: FERC Form No. 1-F is a financial and operating report 
submitted annually for electric rate regulation, market oversight 
analysis, and financial audits by Nonmajor electric utilities and 
licensees. Nonmajor is defined as utilities and licensees that are not 
classified as Major, and having total sales in each of the last three 
consecutive years of 10,000 megawatt-hours or more.\4\
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    \4\ As detailed in 18 CFR part 101 (Uniform System of Accounts 
Prescribed for Public Utilities and Licensees Subject to the 
Provision of the Federal Power Act, General Instructions) and 18 CFR 
141.2.
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    FERC Form No. 1-F is designed to collect financial and operational 
information and is made available to the public. FERC Form No. 1-F 
includes a basic set of financial statements:
     Comparative Balance Sheet,
     Statement of Retained Earnings,
     Statement of Cash Flows,
     Statement of Comprehensive Income and Hedging Activities, 
and
     Notes to Financial Statements.
    Supporting schedules contain:
     Supplementary information and include revenues and the 
related quantities of electric sales and electricity transmitted,
     Account balances for all electric operation and 
maintenance expenses,
     Selected plant cost data, and
     Other statistical information.
    Type of Respondent: Nonmajor electric utilities.
    Estimate of Annual Burden: The estimated annual burden and cost 
follow. (The estimated hourly cost used for FERC Form No. 1-F is $103 
(for wages plus benefits) and is described above, under FERC Form No. 
1.) The burden hours and costs are rounded for ease of presentation.

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                                                    Average annual                    Average annual burden       Total average annual
           Requirements                Number of       number of     Total number       (hrs.) & cost per        burden (hrs.) & total       Cost per
                                      respondents      responses     of responses          response ($)             annual cost ($)       respondent ($)
                                               (1)             (2)     (1) * (2) =  (4)......................  (3) * (4) = (5)..........       (5) / (1)
                                                                               (3)
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Form 1F...........................               2               1               2  122; $12,566.............  244; $25,132.............         $12,566
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    Total.........................  ..............  ..............  ..............  .........................  244; $25,132.............          12,566
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FERC Form No. 3-Q, Quarterly Financial Report of Electric Utilities, 
Licensees, and Natural Gas Companies

    OMB Control Nos. and Titles: 1902-0205 (FERC Form No. 3-Q, 
Quarterly Financial Report of Electric Utilities, Licensees, and 
Natural Gas Companies).
    Abstract: FERC Form No. 3-Q is a quarterly financial and operating 
report for rate regulation, market oversight analysis, and financial 
audits which supplements (a) FERC Form Nos. 1 and 1-F, for the electric 
industry, or (b) FERC Form No. 2 (Annual Report for Major Natural Gas 
Companies; OMB Control No. 1902-0028) and FERC Form No. 2-A (Annual 
Report for Nonmajor Natural Gas Companies; OMB Control No. 1902-0030), 
for the natural gas industry. FERC Form No. 3-Q is submitted for all 
Major and Nonmajor electric utilities, licensees, and natural gas 
companies.\5\
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    \5\ 18 CFR 260.1(b) states that for natural gas companies as 
defined by the Natural Gas Act, Major pertains to a company whose 
combined gas transported or stored for a fee exceed 50 million Dth 
in each of the three previous calendar years. 18 CFR 260.2(b) states 
that for natural gas companies as defined by the Natural Gas Act, 
Non-Major pertains to a company not meeting the filing threshold for 
FERC Form No. 2, but having total gas sales or volume transactions 
exceeding 200,000 Dth in each of the three previous calendar years.
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    FERC Form No. 3-Q includes a basic set of financial statements:
     Comparative Balance Sheet,
     Statement of Income and Statement of Retained Earnings,
     Statement of Cash Flows,
     Statement of Comprehensive Income and Hedging Activities, 
and
     Supporting schedules containing supplementary information.
    Electric respondents report:
     Revenues and the related quantities of electric sales and 
electricity transmitted,
     Account balances for all electric operation and 
maintenance expenses,
     Selected plant cost data, and
     Other statistical information.
    Natural gas respondents report:
     Monthly and quarterly quantities of gas transported and 
associated revenues,
     Storage, terminalling, and processing services,
     Natural gas customer accounts and details of service, and
     Operational expenses, depreciation, depletion, and 
amortization of gas plant.
    Type of Respondent: Major and nonmajor electric utilities, 
licensees, and natural gas companies.
    Estimate of Annual Burden: The estimated annual burden and cost (as 
rounded) follow. (The estimated hourly cost used for FERC Form No. 3-Q 
is $103 (for wages plus benefits) and is described above, under FERC 
Form No. 1.) The burden hours and costs are rounded for ease of 
presentation. The quarterly filings are generally a subset of the 
annual filings.

[[Page 9153]]

                                                        Burden Table--Form 3-Q--Electric and Gas
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                                                    Average annual                    Average annual burden       Total average annual
           Requirements                Number of       number of     Total number       (hrs.) & cost per        burden (hrs.) & total       Cost per
                                      respondents      responses     of responses          response ($)             annual cost ($)       respondent ($)
                                               (1)             (2)     (1) * (2) =  (4)......................  (3) * (4) = (5)..........       (5) / (1)
                                                                               (3)
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Form 3-Q (Electric)...............             218               3             654  168; $17,304.............  109,872; $11,316,816.....         $51,912
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Form 3-Q (Gas)....................             148               3             444  168; $17,304.............  74,592; $7,682,976.......          51,912
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    Total.........................  ..............  ..............  ..............  .........................  184,464; $18,999,792.....          51,912
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    For FERC Form No. 3-Q (electric and natural gas), the total average 
annual burden hours is 184,464, and the total annual cost is 
$18,999,792.
    Comments: Comments are invited on: (1) whether the collections of 
information are necessary for the proper performance of the functions 
of the Commission, including whether the information will have 
practical utility; (2) the accuracy of the agency's estimates of the 
burden and cost of the collections of information, including the 
validity of the methodology and assumptions used; (3) ways to enhance 
the quality, utility, and clarity of the information collections; and 
(4) ways to minimize the burden of the collections of information on 
those who are to respond, including the use of automated collection 
techniques or other forms of information technology.

    Dated: February 3, 2025.
Debbie-Anne A. Reese,
Secretary.
[FR Doc. 2025-02356 Filed 2-6-25; 8:45 am]
BILLING CODE 6717-01-P
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