FERC Form No. 60 (Annual Reports Of Centralized Service Cos.), FERC-61 (Narrative Description Of Service Co, FERC-555A (Preservation of Records Companies & Service Cos)

Forms and Documents

Document Name	Status
Form 60 FERC Form No. 60, Annual Reports for Centralized Service Companies Form and Instruction	Modified
Form 60_61_555A Renewal supp. statement 2025 Final.docx Supporting Statement A	2025-05-16
FERC 60 61 555A - 30 Day eLibrary.PDF Supplementary Document	2025-05-16
FERC 60 61 555A - 60 Day eLibrary.PDF Supplementary Document	2025-05-16
1902-0215 - 60-day FRN - 2025.pdf Supplementary Document	2025-05-15
1902-0215 - 30-day FRN - 2025.pdf Supplementary Document	2025-05-15
42 USC 16451-53.docx Supplementary Document	2022-10-03
PLAW-109publ58.pdf Supplementary Document	2022-10-03
Form 60, 61, and 555A related regulations.docx Supplementary Document	2022-07-28

IC Document Collections

IC ID	Document Title	Status
45927	FERC-61, Narrative Description of Service Company Functions Instruction	Modified
45926	FERC-555A, Preservation of Records for Service Companies Subject to PUHCA	Modified
254940	Updated Accounts (Final Rule in RM22-11-000) (One-Time)	Removed
23261	FERC Form No. 60, Annual Reports for Centralized Service Companies Form and Instruction	Modified

ICR Details

OMB Control No: 1902-0215	ICR Reference No: 202504-1902-007
Status: Received in OIRA	Previous ICR Reference No: 202310-1902-009
Agency/Subagency: FERC	Agency Tracking No: FERC Form No. 60, FERC-61, & FERC-555A
Title: FERC Form No. 60 (Annual Reports Of Centralized Service Cos.), FERC-61 (Narrative Description Of Service Co, FERC-555A (Preservation of Records Companies & Service Cos)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 05/16/2025

	Requested	Previously Approved
Expiration Date	36 Months From Approved	07/31/2025
Responses	102	286
Time Burden (Hours)	57,973	135,231
Cost Burden (Dollars)	510	49,148

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Abstract: In accordance with the Public Utility Holding Company Act 2005 (PUHCA 2005), the Commission requires centralized service companies to file FERC Form No. 60 or FERC-61, and comply with FERC-555A’s requirements unless the company is exempted or granted a waiver pursuant to the Commission’s regulations. The information collected in FERC Form No. 60 and FERC 61 enables better monitoring for cross-subsidization, and aids the Commission in carrying out its statutory responsibilities. In addition, centralized service companies are required under 555A to retain core business and accounting data to enable the Commission to meet its mandated rate review responsibilities and for agency audits. FERC requests a three-year extension of the information collection requirements for FERC Form No. 60, FERC-61, and FERC-555A with no changes to the current reporting requirements.

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Authorizing Statute(s): US Code: 42 USC 16451 et seq. Name of Law: Public Utility Holding Company Act of 2005 (PUHCA 2005)
   PL: Pub.L. 109 - 58 1261-1277 Name of Law: Energy Policy Act of 2005
  

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:
	90 FR 9144	02/07/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 20649	05/15/2025
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 3

IC Title	Form No.	Form Name
FERC Form No. 60, Annual Reports for Centralized Service Companies	60	Form 60: Annual Report of Centrialized Service Companies
FERC-555A, Preservation of Records for Service Companies Subject to PUHCA
FERC-61, Narrative Description of Service Company Functions
Updated Accounts (Final Rule in RM22-11-000) (One-Time)

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ICR Summary of Burden

	Total Request	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	102	286	0	-42	-142	0
Annual Time Burden (Hours)	57,973	135,231	0	-155	-77,103	0
Annual Cost Burden (Dollars)	510	49,148	0	0	-48,638	0

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

Burden Increase Due to:

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

Burden Reduction Due to: Miscellaneous Actions

Short Statement: Program changes. There are no program changes to the reporting or recordkeeping requirements. The last information collection request described one-time costs associated with changing regulatory requirements. The burden is no longer included as submitters have completed these one-time changes. Adjustment to Estimates. • The FERC Form No. 60 reporting burden experienced a decrease of 5 responses annually based on fluctuations in market activity. The hourly burden per response remains unchanged. Overall, Form No. 60 reporting burden decreased by 390 hours annually. • The FERC-61 reporting burden experienced a decrease of 66 responses annually based on a change in methodology for estimating the number of FERC-61 respondents. Previously, the number of responses included the potential for a holding company to file for a group of companies. In contrast, the current estimate is updated to instead reflect the actual number of filers filing the FERC-61, as opposed to the potential number of companies represented by the population of filers. It is also consistent with the manner in which the number of respondents is estimated for other Commission collections. The varying corporate sizes and complexities inherent in the filing community is already taken into account via the burden hours estimate that is based on average filer burden. The hourly burden per response remains unchanged. The decrease in the estimated number of FERC-61 filers resulted in an overall reporting burden decrease of 33 hours annually. • The FERC-555A reporting burden experienced a decrease of 71 responses annually also based on activity within industry (decrease of five responses) and change due to agency adjustment in estimate (decrease of 66 responses). The hourly burden per response remains unchanged. Overall, FERC-555A reporting burden decreased by 76,680 hours annually

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Annual Cost to Federal Government: $141,464

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? No

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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: 05/16/2025

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