Form 1 1F 3Q - 30 Day FRN Published

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Application for Limited Amendment to
Certificate of Public Convenience and
Necessity to revise initial transportation
rates for the Worcester Resiliency
Upgrade Project.
Filed Date: 6/13/25.
Accession Number: 20250613–5207.
Comment Date: 5 p.m. ET 7/3/25.
Any person desiring to protest in any
the above proceedings must file in
accordance with Rule 211 of the
Commission’s Regulations (18 CFR
385.211) on or before 5:00 p.m. Eastern
time on the specified comment date.
The filings are accessible in the
Commission’s eLibrary system (https://
elibrary.ferc.gov/idmws/search/
fercgensearch.asp) by querying the
docket number.
eFiling is encouraged. More detailed
information relating to filing
requirements, interventions, protests,
service, and qualifying facilities filings
can be found at: http://www.ferc.gov/
docs-filing/efiling/filing-req.pdf. For
other information, call (866) 208–3676
(toll free). For TTY, call (202) 502–8659.
The Commission’s Office of Public
Participation (OPP) supports meaningful
public engagement and participation in
Commission proceedings. OPP can help
members of the public, including
landowners, community organization,
Tribal members and others, access
publicly available information and
navigate Commission processes. For
public inquiries and assistance with
making filings such as interventions,
comments, or requests for rehearing, the
public is encouraged to contact OPP at
(202) 502–6595 or OPP@ferc.gov.
Dated: June 16, 2025.
Carlos D. Clay,
Deputy Secretary.
[FR Doc. 2025–11355 Filed 6–18–25; 8:45 am]
BILLING CODE 6717–01–P

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; Extensions
Federal Energy Regulatory
Commission.
ACTION: Notice of information collection
and request for comments.

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AGENCY:

In compliance with the
requirements of the Paperwork
Reduction Act of 1995 (PRA), the
Federal Energy Regulatory Commission
(Commission or FERC) is soliciting

SUMMARY:

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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).
The Commission published a 60-day
notice in the Federal Register on
February 7, 2025. Twelve parties filed
comments.
DATES: Comments on the collections of
information are due July 21, 2025.
ADDRESSES: Send written comments on
FERC Form Nos. 1, 1–F, and 3–Q to
OMB through:
• FERC Information Collection Form 1
https://www.reginfo.gov/public/do/
PRA/icrPublicCommentRequest?ref_
nbr=202504-1902-003
• FERC Information Collection Form 1–
F https://www.reginfo.gov/public/do/
PRA/icrPublicCommentRequest?ref_
nbr=202504-1902-004
• FERC Information Collection Form 3–
Q https://www.reginfo.gov/public/do/
PRA/icrPublicCommentRequest?ref_
nbr=202504-1902-005
You can also visit https://
www.reginfo.gov/public/do/PRAMain
and use the drop-down under
‘‘Currently under Review’’ to select the
‘‘Federal Energy Regulatory
Commission’’ where you can see the
open opportunities to provide
comments. Comments should be sent
within 30 days of publication of this
notice.
Please submit a copy of your
comments to the Commission via email
to DataClearance@FERC.gov. You must
specify the Docket No. (IC25–7–000)
and the FERC Information Collection
number (FERC Form Nos. 1, 1–F, and 3–
Q) in your email. If you are unable to
file electronically, comments may be
filed by USPS mail or by hand
(including courier) delivery:
• Mail via U.S. Postal Service Only:
Federal Energy Regulatory Commission,
Secretary of the Commission, 888 First
Street NE, Washington, DC 20426.
• All other delivery methods: Federal
Energy Regulatory Commission,
Secretary of the Commission, 12225
Wilkins Avenue, Rockville, MD 20852.
Docket: To view comments and
issuances in this docket, please visit
https://elibrary.ferc.gov/eLibrary/search.
Once there, you can also sign-up for
automatic notification of activity in this
docket.
FOR FURTHER INFORMATION CONTACT:
Kayla Williams may be reached by
email at DataClearance@FERC.gov, and
telephone at (202) 502–6468.

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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
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, 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
1 As detailed in 18 CFR 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.
2 Burden is defined as the total time, effort, or
financial resources expended by persons to
generate, maintain, retain, disclose, or provide

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Federal Register / Vol. 90, No. 117 / Friday, June 20, 2025 / Notices

26281

burden and cost 3 for FERC Form No. 1
as follows:
Requirements

Number of
respondents

Average
annual
number of
responses

Total
number of
responses

Average annual burden (hrs.)
& cost per response
($)

Total average annual burden
(hrs.) & total annual cost
($)

Cost per
respondent
($)

(1)

(2)

(1) * (2) = (3)

4

(3) * (4) = (5)

(5) ÷ (1)

Form 1 .....................................

216

1

216

1,168; $120,304 .....................

252,288; $25,985,664 ............

$120,304

Total ..................................

........................

........................

........................

.................................................

252,288; $25,985,664 ............

120,304

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
Requirements

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/hour
(for wages plus benefits) and is
described above, under FERC Form No.
1.) The burden hours and costs are
rounded for ease of presentation.

Number of
respondents

Average
annual
number of
responses

Total
number of
responses

Average annual burden (hrs.)
& cost per response
($)

Total average annual burden
(hrs.) & total annual cost
($)

Cost per
respondent
($)

(1)

(2)

(1) * (2) = (3)

4

(3) * (4) = (5)

(5) ÷ (1)

Form 1–F .................................

2

1

2

122; $12,566 ..........................

244; $25,132 ..........................

$12,566

Total ..................................

........................

........................

........................

244; $25,132 ..........................

12,566 ....................................

........................

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
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 Accumulated
Comprehensive Income, 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 major and non-major 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/hour (for wages plus benefits) and
is described above, under FERC Form
No. 1.) The burden hours and costs are

information to or for a Federal agency. For further
explanation of what is included in the information
collection burden, refer to Title 5 Code of Federal
Regulations 1320.3. The burden hours and costs are
rounded for ease of presentation.
3 The cost is based on FERC’s 2025 Commissionwide 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.
4 See 18 CFR part 101 (Uniform System of
Accounts Prescribed For Public Utilities And
Licensees Subject To The Provisions Of The Federal
Power Act).
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.

FERC Form No. 3–Q, Quarterly
Financial Report of Electric Utilities,
Licensees, and Natural Gas Companies

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consecutive years of 10,000 megawatthours or more.4
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 Accumulated Other
Comprehensive Income and Hedging
Activities, and
• Notes to Financial Statements.
Supporting schedules contain:
• Supplementary information and
include revenues and the related

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Federal Register / Vol. 90, No. 117 / Friday, June 20, 2025 / Notices

rounded for ease of presentation. The

quarterly filings are generally a subset of
the annual filings.

BURDEN TABLE—FORM 3–Q—ELECTRIC AND GAS
Requirements

Number of
respondents

Average
annual
number of
responses

Total
number of
responses

Average annual burden (hrs.)
& cost per response
($)

Total average annual burden
(hrs.) & total annual cost
($)

Cost per
respondent
($)

(1)

(2)

(1) * (2) = (3)

(4)

(3) * (4) = (5)

(5) ÷ (1)

Form 3–Q (Electric) .................
Form 3–Q (Gas) ......................

218
148

3
3

654
444

168; $17,304 ..........................
168; $17,304 ..........................

109,872; $11,316,816 ............
74,592; $7,682,976 ................

$51,912
51,912

Total ..................................

........................

........................

........................

.................................................

184,464; $18,999,792 ............

51,912

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.
60-Day Notice Comments
The Commission published a 60-day
Notice 6 in the Federal Register on
February 7, 2025, providing the public
with an opportunity to comment on the
information collections. In the public
notice, the Commission noted that it
would be requesting a three-year
extension of the public reporting burden
with no change to the existing
requirements concerning the collection
of data. The Bureau of Economic
Analysis (BEA), Energy and Policy
Institute (EPI), Edison Electric Institute
(EEI), and nine electric utility
companies 7 filed comments.8
Comments Regarding the Necessity,
Quality, Utility, and Clarity of the
Information Collected, as Well as Ways
To Minimize the Burden on
Respondents
BEA explains that it uses data from
FERC Form Nos. 1 and 1–F indirectly in
estimating the United States Census
Bureau’s Construction Value Put-In
Place (VPIP) for electric utilities. BEA
further explains that census VPIP serves
as a major source data input to the
national income and product account
(NIPA) structures investment estimates.
BEA states that while it uses the
information indirectly through the VPIP
program, it is considered an
indispensable data source to the NIPA
estimates.
BEA states that it relies heavily on the
data collected in the FERC Form No. 3–

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6 90

FR 9151 (February 7, 2025).
nine electric utilities companies are:
American Electric Power Service Corporation
(AEP); Duke Energy Corporation (Duke Energy);
Entergy Services, LLC (Entergy); Exelon Corporation
(Exelon); Evergy, Inc. (Evergy); FirstEnergy Service
Company (FirstEnergy); Portland General Electric
Company (PGE); PPL Services Corporation (PPL);
and Southern California Edison Company (SCE)
(collectively, Electric Utility Companies).
8 The submittals are posted at https://
elibrary.ferc.gov under Docket No. IC25–07–000.
7 The

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Q for the accurate calculation of many
key components of both the industry
and national economic accounts. BEA
argues that data collected in FERC Form
No. 3–Q are indispensable to estimates
of gross output, intermediate input, and
value added in the U.S. economy for the
utilities industry (NAICS 22). BEA
explains that it uses data from the
Energy Information Administration’s
(EIA) Form 861M for electricity and
EIA’s natural gas monthly programs as
source data for the utilities industry,
and that these programs integrate utility
and natural gas company financial and
operational information from FERC
Form No. 3–Q. BEA further explains
that it also uses FERC tabulations
indirectly to estimate the Census
Bureau’s construction VPIP for electric,
gas, and pipeline utilities. Census’ VPIP
estimates serve as a major source data
input to the national income and
product account’s NIPA fixed
investment in structures estimates. BEA
further explains that its fixed asset
accounts (FAA) estimates of private
fixed investment in structures by the
utilities industry rely upon selected
FERC data sets published by the EIA.
EEI, AEP, Duke Energy, Entergy,
Exelon, FirstEnergy, PGE, and PPL state
they are supportive of the Commission’s
overall objective to achieve vigilant
oversight of reporting entities. They
believe that the Commission meets this
objective through the data presently
collected in the annual FERC Form No.
1. They note that FERC Form No. 1 is
used, among other things, by the
Commission in calculating rates for
jurisdictional customers, by state
commissions in calculating retail rates,
and by various other parties in making
investment decisions.
EEI and the Electric Utility
Companies filed comments that propose
eliminating FERC Form No. 3–Q. They
claim that FERC Form No. 3–Q has little
to no value to the Commission’s
objective to achieve vigilant oversight of
reporting, argue that FERC Form No. 3–
Q does not lend itself to identification

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of emerging trends or the economic
effects of significant transactions and
events, and assert that FERC Form No.
3–Q has no bearing on formula rate
determinations.
EEI, AEP, Duke Energy, Exelon, PGE,
and PPL argue that it is unclear exactly
how and to what extent FERC uses the
3–Q quarterly data in its oversight
capacity. EEI states that its members
have never been contacted about a FERC
Form No. 3–Q filing. Similarly, of the
Electric Utility Companies filing
comments in this proceeding, only Duke
Energy and AEP stated that they
received requests about the information
reported in their FERC Form No. 3–Qs
in recent years. In addition, FirstEnergy
argues that it could not identify any
reference in an audit report or FERC
enforcement action to FERC Form No.
3–Q.
EEI and Entergy comment that
President Trump’s Executive Order,
Unleashing Prosperity Through
Deregulation, states it is the ‘‘policy of
the executive branch to be prudent and
financially responsible in the
expenditure of funds, from both public
and private sources, and to alleviate
unnecessary regulatory burdens placed
on the American people.’’ 9 EEI argues
that the clear spirit of the Executive
Order is for federal agencies to seek
opportunities to reduce or eliminate
regulations wherever feasible. As a
result, EEI explains that is requesting
that the Commission strongly consider
what EEI sees as the limited value that
FERC Form No. 3–Q has in
accomplishing the Commission’s
oversight mission.
AEP, Duke Energy, PGE, and PPL
argue that Order No. 646’s 10 goal to
identify and evaluate emerging trends,
business conditions, and financial
issues, and to identify the economic
effects of significant transactions and
9 Exec. Order No. 14,154, 90 FR 8353 (Jan. 20,
2025).
10 See Quarterly Financial Reports and Revisions
to the Annual Reports, Order No. 646, 106 FERC
¶ 61,113, at PP 11, 16 and 35 (2004).

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Federal Register / Vol. 90, No. 117 / Friday, June 20, 2025 / Notices
events cannot be accomplished by FERC
Form No. 3–Q. They assert that electric
utilities are subject to large seasonal
variations, and given that FERC Form
No. 3–Q covers only three months of
data, it provides an incomplete glimpse
into a company’s expected annual
results. They argue that the
administrative burden associated with
preparing and filing FERC Form No. 3–
Q unnecessarily increases costs to
customers.
EEI, AEP, Duke Energy, and
FirstEnergy state they, or in the case of
EEI, its members, file large quantities of
financial, operational, facility, and other
information with the Commission and
other federal and state agencies. They
assert that these filings give a detailed
picture of company finances and
operations. They note that often FERC
Form No. 3–Q filings are due in short
and overlapping time frames and while
the companies are closing their
accounting books and preparing
financial reports for other agencies.
EEI, AEP, PGE, and PPL state that the
Commission has commented in prior
Notice of Information Collections that
FERC Form No. 3–Q is used to validate
the debt and equity information of
filings under Part 34 of the
Commission’s regulations when the
most recent 12-month filing occurred
more than four months prior to the
application under Part 34. However,
they argue that this use of FERC Form
No. 3–Q does not justify requiring all
jurisdictional utilities to file FERC Form
No. 3–Q each quarter. Instead, they
suggest that the Commission consider
amending the Part 34 filing
requirements so that the relevant
information is only provided when a
Part 34 filing is made. Alternatively,
they suggest that Commission staff
could use data requests to obtain
information needed to validate debt and
equity balances.
While their preference is to eliminate
FERC Form No. 3–Q entirely, AEP, Duke
Energy, Exelon, PGE, and PPL propose
two alternative approaches for the
Commission to consider. The first
suggestion is to require the filing of a
single mid-year FERC Form No. 3–Q
filed for the six months ended June 30
of each respective year. They argue that
this approach would be a reasonable
compromise that could provide FERC
with the insight needed for oversight
and transparency if it deems an interim
report is necessary, but would also
provide significant and immediate relief
to respondents from the tangible and
measurable burden of preparing
multiple quarterly filings. PPL and AEP
argue that reducing the reporting
requirements of FERC Form No. 3–Q

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will reduce the burden and costs
ultimately passed to customers.
The second alternative they propose
is to limit the quarterly report to the
basic set of financial statements
discussed in Order No. 646: the
Comparative Balance Sheet, Statement
of Income, Statement of Retained
Earnings, Statement of Cash Flows,
Statement of Other Comprehensive
Income, and accompanying Notes to the
Financial Statements. PGE states that
the creation of the basic financial
statements is not overly burdensome,
and while the development of the notes
to the financial statements requires
more extensive effort, the overall burden
would be greatly reduced by not having
to prepare the supplemental schedules.
Duke Energy argues that if there is value
in identifying trends and reviewing debt
and equity balances, the basic set of
financial statements would provide
sufficient information to do so.
FirstEnergy, SCE, and Evergy also
generally support limiting the filing to
the basic set of financial statements,
although they recommend excluding the
notes to the financial statements, and
Evergy further recommends excluding
the Statement of Cash Flows and
Statement of Other Comprehensive
Income, which, it argues, are
burdensome to prepare and not used in
ratemaking.
FirstEnergy recommends that the
Commission perform a review of each
FERC Form No. 3–Q schedule and
request comments from stakeholders on
the utility of data provided to determine
the necessity and usefulness of
information and specific pages currently
required in FERC Form No. 3–Q. Evergy
states that if the Commission is utilizing
FERC Form No. 3–Q supplemental page
data, the Commission should evaluate
whether any of these pages can be
eliminated based on relevance and
applicability of the pages.
Entergy suggests that the Commission
could collect the information in FERC
Form No. 3–Q semi-annually, and
supplement the information with filings
made at the SEC or with direct data
requests. EEI and Exelon argue that
Commission staff can utilize reports
filed with the SEC. They comment that
the quarterly report on the SEC Form
No. 10–Q includes a full set of financial
statements along with Management’s
Discussion and Analysis, as well as
other information. Additionally, EEI and
Exelon state that the SEC Form No. 8–
K is required to disclose material events
typically within four days of the event.
EPI states that it is interested in the
Commission requiring more disclosure
of expenses charged to certain accounts
within the USofA, including an

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26283

itemized list of expenses in Account
909, Informational and Instructional
Expenses; Account 913, Advertising
Expenses; Account 923, Outside
Services Employed; Account 928,
Regulatory Commission Expenses;
Account 930.1, General Advertising
Expenses; 930.2, Miscellaneous General
Expenses; Account 426.1, Donations;
Account 426.4; Expenditures for Certain
Civic, Political and Related Activities;
and Account 426.5, Other Deductions.
EPI also recommends revisions to clarify
instructions and include additional
disclosures on Page 350, Regulatory
Commission Expenses, of FERC Form
No. 1. EPI recommends additional
disclosures and itemization for
transactions with associated (affiliated)
companies and recommends
modifications to enhance reporting of
these transactions on page 429,
Transactions with Associated
(Affiliated) Companies, of FERC Form
No. 1. EPI explains that many parties,
especially individual ratepayers, lack
the resources, access to information, or
both that are necessary to challenge the
categorization of a cost. EPI argues that
through itemization of certain USofA
accounts that have been prone to abuse,
the Commission can enhance
transparency, ensuring just and
reasonable rates.
Evergy requests additional
instructions on FERC Form Nos. 1 and
3–Q, to explicitly state how information
should be reported and what type of
details are required for pages 232, Other
Regulatory Assets, and 278, Other
Regulatory Liabilities. Evergy also states
that multiple pages including pages
320–323 and 324–325 are reported
differently between FERC Form Nos. 1
and 3–Q. Evergy argues that while some
FERC pages contain detail, the detail is
not consistent across pages, which
results in inconsistent data collection
and reporting across the industry.
Therefore, Evergy requests additional
instructions and clarifications of certain
column headings.
FERC Response: The Commission
appreciates the comments submitted
regarding the necessity, usefulness and
ways to minimize burden associated
with filing of FERC Form Nos. 1, 1–F,
and 3–Q. As previously noted, the
Commission uses the information
provided on these forms to develop and
monitor cost-based rates, conduct
market analysis, and perform financial
audits, thereby fulfilling its
responsibility under the FPA and NGA
to ensure that customers pay just and
reasonable rates for energy.
Additionally, state commissions and
other parties use the information
provided on these forms for rate

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ddrumheller on DSK120RN23PROD with NOTICES1

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Federal Register / Vol. 90, No. 117 / Friday, June 20, 2025 / Notices

development and evaluation and in
making investment decisions. In
particular, as recognized by EEI and the
Electric Utility Companies, FERC Form
Nos. 1 and 1–F are critical inputs in the
development and updating of formula
rates. Regarding FERC Form No. 3–Q, in
addition to using the information
provided on this form for oversight
analysis and the timely evaluation of
current financial information, FERC
Form No. 3–Q is used to validate the
debt and equity information included in
filings under Part 34 of the
Commission’s regulations when the
most recent 12-month filing occurred
more than 4 months prior to the
application. The Commission receives
approximately 130 such Part 34 filings
in each two-year cycle.
Regarding relying on reports filed
with the SEC or other federal and state
agencies, as mentioned above, the
information included in these reports is
not structured in a manner that would
meet the Commission’s needs under the
FPA and NGA. For example, the
financial statements filed with the SEC
are provided on a consolidated, or
parent company, basis and therefore do
not provide information at the level of
granularity required by the Commission
to develop and monitor cost-based rates,
conduct market analysis, and perform
financial audits. However, the
Commission recognizes that there may
be opportunities to limit the information
required by FERC Form No. 3–Q,
reducing the burden on filing parties,
while still providing the Commission
with the information required to fulfill
its responsibilities. While the
Commission is not considering
modifications to the collection or
frequency of collection of FERC Form
Nos. 1, 1–F, and 3–Q in this renewal, it
may consider doing so in the future, at
which time EEI, the Electric Utility
Companies, BEA, and other interested
parties will be able to submit comments.
With respect to EPI and Evergy’s
interest in modifying the forms, the
Commission recognizes that certain
instructions may benefit from updated
or clarified language. However, as noted
above, the Commission is not
considering in this renewal
modifications to FERC Form Nos. 1, 1–
F, and 3–Q, but may consider doing so
in the future, at which time EPI, Evergy,
and other interested parties will be able
to submit comments on this issue.
Comments Regarding the Commission’s
Burden Estimate
AEP, Duke Energy, Evergy, Entergy,
FirstEnergy, PGE, PPL, and SCE state
that, while the time for each respondent
to complete FERC Form No. 3–Q varies

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significantly, as each respondent has
different systems and processes, they
generally support FERC’s estimate of
approximately 168 hours of annual
effort to prepare FERC Form No. 3–Q.
They note that, in addition to the cost
of preparing FERC Form No. 3–Q,
companies incur additional costs to
maintain a software package to support
the filing requirements including XBRL
tagging and/or to utilize a third-party
vendor’s software to prepare FERC Form
No. 3–Q filings in XBRL. FirstEnergy
states that, with the implementation of
XBRL requirements, both the software
costs and labor burden have increased,
and it estimates that each report takes
nearly 70 hours per respondent each
quarter to complete, or 210 hours
annually. Entergy comments that
because each of its reports are
individually prepared by Entergy
Services’ accounting employees, there
are no economies of scale or efficiencies
to be had in their preparation. Entergy
Services estimates that the yearly hourly
expenditure to prepare and file FERC
Form No. 3–Qs is 1,050 hours at a total
cost of about $84,000, in addition to the
cost of software licenses and other
related costs incurred. SCE estimates
that it takes their staff approximately
900 hours annually for three quarterly
filings. SCE asserts that the required
XBRL format has added additional
burden without a clear linkage to any
benefit by users.
FERC Response: The Commission
appreciates the comments providing
each company’s individual estimate of
the total burden, time, and/or costs
associated with the quarterly filings.
The Commission acknowledges that the
burden presented is meant to represent
an industry average and that the time for
each respondent to complete the forms
varies as each respondent has different
employee compensation, systems, and
processes.
30-Day Notice Comments
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.

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Dated: June 16, 2025.
Debbie-Anne A. Reese,
Secretary.
[FR Doc. 2025–11376 Filed 6–18–25; 8:45 am]
BILLING CODE 6717–01–P

DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Project No. 4679–050]

New York Power Authority; Notice of
Intent To Prepare an Environmental
Assessment
On May 25, 2022, the New York
Power Authority (NYPA) filed a
relicense application for a new major
license to continue operating the 11.8megawatt Vischer Ferry Hydroelectric
Project No. 4679 (Vischer Ferry Project).
The project is located on the Mohawk
River in Saratoga and Schenectady
Counties, New York.
In accordance with the Commission’s
regulations, on March 12, 2025,
Commission staff issued a notice that
the Vischer Ferry Project was ready for
environmental analysis (REA notice).
Based on the information in the record,
including comments filed on the REA
Notice, staff does not anticipate that
licensing the Vischer Ferry Project
would constitute a major federal action
significantly affecting the quality of the
human environment. Therefore, staff
intends to prepare an Environmental
Assessment (EA) on the application to
relicense the Vischer Ferry Project.1
The EA will be issued and circulated
for review by all interested parties. All
comments filed on the EA will be
analyzed by staff and considered in the
Commission’s final licensing decision.
The Commission’s Office of Public
Participation (OPP) supports meaningful
public engagement and participation in
Commission proceedings. OPP can help
members of the public, including
landowners, community organizations,
Tribal members and others, access
publicly available information and
navigate Commission processes.For
public inquiries and assistance with
making filings such as interventions,
comments, or requests for rehearing, the
public is encouraged to contact OPP at
(202) 502–6595 or OPP@ferc.gov.
The application will be processed
according to the following schedule.
The EA will be issued for a 30-day
1 For tracking purposes under the National
Environmental Policy Act, the unique identification
number for documents relating to this
environmental review is EAXX–019–20–000–
1750060302.

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