FERC-1T, Annual Report of Major Electric Utilities, Licensees and Others --Modifications to Form 1 due to Final Rule in Docket No. RM19-12

Forms and Documents

Document Name	Status
RM19-12-000 Final Rule supporting statement.docx Supporting Statement A	2019-07-03
RM19-12final rule_news release20190620-3046.pdf Supplementary Document	2019-06-25
eCFR_5-17-19_10forms.docx Supplementary Document	2019-05-21
USCODE-title16-sec825h.pdf Supplementary Document	2019-05-21
USCODE-title16-sec825c.pdf Supplementary Document	2019-05-21

IC Document Collections

IC ID	Document Title	Status
236640	FERC-1T, Annual Report of Major Electric Utilities, Licensees and Others and Supplemental--Modifications to Form 1 due to Final Rule in Docket No. RM19-12	New

ICR Details

OMB Control No: 1902-0311	ICR Reference No: 201905-1902-011
Status: Active	Previous ICR Reference No:
Agency/Subagency: FERC	Agency Tracking No: FERC-1T
Title: FERC-1T, Annual Report of Major Electric Utilities, Licensees and Others --Modifications to Form 1 due to Final Rule in Docket No. RM19-12
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/26/2019
	Date Received in OIRA: 07/03/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2022	36 Months From Approved
Responses	207	0	0
Time Burden (Hours)	8,832	0	0
Cost Burden (Dollars)	677,855	0	0

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Abstract: Annual Report of Major Electric Utilities, Licensees and Others Modifications to Form 1 due to Final Rule in Docket No. RM19-12. This temporary info. collection no. (FERC Form No. 1T) is needed due to pending renewal work for the Form 1. The NOPR in Docket No. RM19-12 (RIN 1902-AF58) was submitted to OMB in Form 1, and was published in the Fed. Reg. on 2/4/2019 (84 FR 1412). That information is included in metadata below under 60-day notice; information related to the Final Rule is included below under 30-day notice. In Docket RM19-12, the Federal Energy Regulatory Commission (FERC) is revising its electronic filing format for certain data collections to make it easier for filers to submit and data users to analyze information. By modernizing FERC’s data collections and making them more accessible, today’s final rule will increase efficiency in regulatory filings and business information processing, further the goal of transparency, and decrease the costs, over time, of preparing the necessary data for submission. The rule adopts eXtensible Business Reporting Language (XBRL), a nonproprietary, open technology standard, as the new filing format. XBRL will enhance system compatibility and security, and allow efficient sharing of data across different information systems. Industry groups broadly supported the move to the new standard, which will be used for filing Form Nos. 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 6-Q, 60 and 714. The next step is for FERC staff to develop a draft XBRL taxonomy that will be discussed at a future technical conference. The Commission will collect additional comments. [FERC Form No. 1 is a comprehensive financial and operating report submitted for electric rate regulation, market oversight analysis, and financial audits. Major pertains to utilities and licensees that have, in each of the three previous calendar years, sales or transmission services that exceed one of the following: (1) one million megawatt hours of total annual sales; (2) 100 megawatt hours of annual sales for resale; (3) 500 megawatt hours of annual power exchanges delivered; or (4) 500 megawatt hours of annual wheeling for others (deliveries plus losses).]

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Authorizing Statute(s): US Code: 16 USC 825h and 825c 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:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 1412	02/04/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 30620	06/27/2019
Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
FERC-1T, Annual Report of Major Electric Utilities, Licensees and Others and Supplemental--Modifications to Form 1 due to Final Rule in Docket No. RM19-12

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	207	0	0	207	0	0
Annual Time Burden (Hours)	8,832	0	0	8,832	0	0
Annual Cost Burden (Dollars)	677,855	0	0	677,855	0	0

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

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: The Commission is adopting eXtensible Business Reporting Language (XBRL) as the standard for filing the Commission 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 will make the information in these forms easier for filers to submit and data users to analyze, and assist in automating regulatory filings. 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. In addition, the Commission is revising its regulations to require filers of Form No. 1-F to file their report in electronic media.

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Annual Cost to Federal Government: $184,927

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 07/03/2019

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