[Federal Register: August 7, 2001 (Volume 66, Number 152)]
[Notices]
[Page 41217-41218]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr07au01-60]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[IC01-1-000, FERC Form 1]
Proposed Information Collection and Request for Comments
August 1, 2001.
AGENCY: Federal Energy Regulatory Commission.
ACTION: Notice of proposed information collection and request for
comments.
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SUMMARY: In compliance with the requirements of Section 3506(c)(2)(a)
of the Paperwork Reduction Act of 1995 (Pub. L. No. 104-13), the
Federal Energy Regulatory Commission (Commission) is soliciting public
comment on the specific aspects of the information collection described
below.
DATES: Consideration will be given to comments submitted on or before
October 9, 2001.
ADDRESSES: Copies of the proposed collection of information can be
obtained from and written comments may be submitted to the Federal
Energy Regulatory Commission, Attn: Michael Miller, Office of the Chief
Information Officer, CI-1, 888 First Street NE., Washington, DC 20426.
FOR FURTHER INFORMATION CONTACT: Michael Miller may be reached by
telephone at (202)208-1415, by fax at (202)208-2425, and by e-mail at
mike.miller@ferc.fed.us.
SUPPLEMENTARY INFORMATION: The information collected under the
requirements of FERC Form 1 ``Annual Report for Major Electric
Utilities, Licensees and Others'' (OMB No. 1902-0021) is used by the
Commission to implement the statutory provisions of the Federal Power
Act (FPA) 16 U.S.C. 791a-825r. The Commission is authorized and
empowered to make investigations, collect and record data, prescribe
rules and regulations concerning accounts, records and memoranda as
necessary or appropriate for administering the FPA. The Commission may
prescribe a system of accounts for jurisdictional companies and, after
notice and opportunity for hearing, may determine the accounts in which
particular outlays and receipts will be entered, charged or credited.
The FERC Form No. 1 is a financial and operating report for electric
rate regulation. ``Major'' is defined as (1) one million Megawatt hours
or more 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).
FERC staff use the data in the continuous review of the financial
condition of regulated companies, in various rate proceedings and
supply programs and in the Commission's audit program. The annual
financial information filed with the Commission is a mandatory
requirement submitted in a prescribed format which is filed
electronically via the Internet. The Commission implements these filing
[[Page 41218]]
requirements in the Code of Federal Regulations(CFR) under 18 CFR Parts
41, 101, 141.1 and 385.2011.
Action:The Commission is requesting a three-year extension of the
current expiration date, and proposing certain changes to the existing
collection of data. Based on a review of the FERC's requirements for
Form 1 data and requests from respondents for reductions in the
information collection, the Commission recommends the elimination of
the Form 1 schedules listed below:
Security Holders and Voting Powers (106-107)
Construction Overheads--electric (217)
General Description of Construction Overhead Procedure
(218)
Nonutility Property (221)
Capital Stock Sub, Cap Stock Liability for Con, Prem. Cap
Stock, & Inst Received (252)
Discount on Capital Stock (254)
Number of Electric Department Employees (323)
Particulars Concerning Certain Income Deduction and
Interest Charges (340)
Electric Distribution Meters and Line Transformers (429)
Environmental Protection Facilities (430)
Environmental Protection Expenses (431)
In addition, the Commission is eliminating the requirement for
paper copies of the Form 1. Burden Statement: Public reporting burden
for this collection will be reduced by the elimination of several
schedules and the paper filing format requirement. The burden is
estimated as:
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Number of Number of Average burden
respondents responses per hours per Total annual
annually respondent response burden hours
(1) (2) (3) (1) x (2) x (3)
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210 1 1,050 220,500
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Estimated cost burden to respondents: 220,500 hours/2,080 hours per
year x $117,041 per year = $12,407,470. The cost per respondent is
equal to $59,083.
The reporting burden includes the total time, effort, or financial
resources expended to generate, maintain, retain, disclose, or provide
the information including: (1) Reviewing instructions; (2) developing,
acquiring, installing, and utilizing technology and systems for the
purposes of collecting, validating, verifying, processing, maintaining,
disclosing and providing information; (3) adjusting the existing ways
to comply with any previously applicable instructions and requirements;
(4) training personnel to respond to a collection of information; (5)
searching data sources; (6) completing and reviewing the collection of
information; and (7) transmitting, or otherwise disclosing the
information.
The estimate of cost for respondents is based upon salaries for
professional and clerical support, as well as direct and indirect
overhead costs. Direct costs include all costs directly attributable to
providing this information, such as administrative costs and the cost
for information technology. Indirect or overhead costs are costs
incurred by an organization in support of its mission. These costs
apply to activities which benefit the whole organization rather than
any one particular function or activity.
Comments are invited on: (1) Whether the proposed collection of
information is 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 estimate of the burden of the
proposed collection of information, including the validity of the
methodology and assumptions used; (3) ways to enhance the quality,
utility and clarity of the information to be collected; and (4) ways to
minimize the burden of the collection of information on those who are
to respond.
David P. Boergers,
Secretary.
[FR Doc. 01-19717 Filed 8-6-01; 8:45 am]
BILLING CODE 6717-01-P