67 FR 1 pg. 45 - Electronic Filing of Form 1, and Elimination of Certain Designated Schedules in FERC Form Nos. 1 and1-F

Type: RULEVolume: 67Number: 1Page: 45
Docket number: [Docket No. RM02-9-001; Order No. 626]
FR document: [FR Doc. 02-33091 Filed 12-31-02; 8:45 am]
Agency: Energy Department
Sub Agency: Federal Energy Regulatory Commission
Official PDF Version:  PDF Version

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Chapter I

[Docket No. RM02-9-001; Order No. 626]

Electronic Filing of Form 1, and Elimination of Certain Designated Schedules in FERC Form Nos. 1 and1-F

December 26, 2002.

AGENCY:

Federal Energy Regulatory Commission, DOE.

ACTION:

Final rule; correction.

SUMMARY:

In this correction, the Federal Energy Regulatory Commission is correcting its Final Rule and identifying what designated lines and schedules in Form No. 1-F should be retained or eliminated.

EFFECTIVE DATE:

Effective on January 2, 2003.

FOR FURTHER INFORMATION CONTACT:

Kevin A. Jones (Technical Information), Office of Markets, Tariffs and Rates, FERC, 888 First Street, NE., Washington, DC 20426, (202) 502-6185, Kevin.Jones@ferc.gov.

Bolton Pierce (Electronic System), Office of Markets Tariffs and Rates, FERC, 888 First Street, NE., Washington, DC 20426, (202) 502-8803, bolton.pierce@ferc.gov.

Julia Lake (Legal Information), Office of General Counsel, FERC, 888 First Street, NE., Washington, DC 20426, (202) 502-8370, julia.lake@ferc.gov.

SUPPLEMENTARY INFORMATION:

Before Commissioners: Pat Wood, III, Chairman; William L. Massey, and Nora Mead Brownell.

Correction of Final Rule

On May 16, 2002, the Commission issued Order No. 626, a Final Rule that provided for electronic filing of FERC Form No. 1 and the elimination of certain designated schedules in FERC Form Nos. 1 and 1-F.1In this correction, the Commission is correcting its Final Rule and identifying what designated lines and schedules in Form No. 1-F (Form 1-F), principally in the Comparative Balance Sheet and the Statement of Income for the Year, should be retained or eliminated.

Footnotes:

1 67 FR 36093 (May 23, 2002), III FERC Stats. & Regs. ¶ 31,130 (May 16, 2002).

The following schedules or parts of schedules are eliminated from Form 1-F:

• Data on Security Holders and Voting Powers (Part X, P. 18). (Nonmajor utilities should continue to report Data on Officers and Directors (Part XI, P. 18), however.)

• Number of Electric Department Employees (P. 323).

The Commission corrects the Final Rule by not eliminating the following from the Form 1-F: Nonutility Property (121, P. 110); Capital Stock Subscribed, Capital Stock Liability for Conversion, Premium on Capital Stock, and Installments Received on Capital Stock (252, P. 112); Discount on Capital Stock (254, P. 112); Particulars Concerning Certain Income Deduction and Interest Charges (340, P. 117); Electric Distribution Meters and Line Transformers (429, lines 63 & 65, P. 206); and Allowance for Borrowed Funds Used During Construction in Construction Overheads-Electric (217, P. 8). These line items contain accounts reflected in the Commission's Uniform System of Accounts that are needed to provide an accurate and complete reporting of a utility's accounting for transactions and events, and to provide relevant non-financial information related to its operations.

By the Commission.

Linwood A. Watson, Jr.,

Deputy Secretary.

[FR Doc. 02-33091 Filed 12-31-02; 8:45 am]

BILLING CODE 6717-01-M