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Get the free FERC Form No. 714 Annual Electric Control and Planning Area Report - ferc

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This document outlines the Federal Energy Regulatory Commission's final rule regarding the electronic filing of FERC Form No. 714, which pertains to the annual reporting requirements for electric
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How to fill out ferc form no 714

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How to fill out FERC Form No. 714 Annual Electric Control and Planning Area Report

01
Gather the required information about your utility's operations, including electricity generation and consumption data.
02
Review the reporting period and ensure all data corresponds to the correct time frame.
03
Access the FERC Form No. 714 from the FERC website or your utility's reporting tools.
04
Fill in the identification section with your utility's name, address, and contact information.
05
Complete the section on electric control areas, detailing the areas served and their respective load data.
06
Provide information regarding the planned capacity additions or reductions, including timelines.
07
Include data on relevant system outages or issues that may affect planning.
08
Review the entire form for accuracy and completeness before submitting.
09
Submit the completed form to FERC through the prescribed online portal or by email by the deadline.

Who needs FERC Form No. 714 Annual Electric Control and Planning Area Report?

01
Electric utilities that operate in the United States and are involved in the generation, transmission, and distribution of electric power.
02
Organizations that are required to report operational data for regulatory compliance and planning purposes.
03
Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) involved in electricity coordination.
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People Also Ask about

What industries does FERC regulate and operate? FERC regulates the natural gas, electricity, oil and hydropower industries.
Each Major electric utility, licensee, or other, as classified in the Commission's Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject To the Provisions of The Federal Power Act (18 C.F.R. Part 101), must submit FERC Form 1 (18 C.F.R.
These reports are also considered to be a non-confidential public use forms. Each natural gas company whose combined gas transported or stored for a fee exceed 50 million dekatherms in each of the previous three years must submit FERC Form 2 and 3-Q.
Access the ISO's submissions of FERC Form No. 715–Annual Transmission Planning and Evaluation Report. Each transmitting utility that operates integrated transmission system facilities that are rated at or above 100 kilovolts (kV) must annually submit this information the Federal Energy Regulatory Commission (FERC).
In summary, NERC is a non-profit regulatory body that focuses on ensuring the reliability and security of the bulk power system, while FERC is a government agency that regulates the interstate transmission of electricity and other energy commodities, as well as hydroelectric projects.
Under the authority of the Federal Power Act, FERC has the exclusive authority to license most non-federal hydropower projects located on navigable waterways or federal lands, or connected to the interstate electric grid. Applicants for licenses may use the Integrated, Traditional, or Alternative Licensing Processes.
These reports are also considered to be a non-confidential public use forms. Each natural gas company whose combined gas transported or stored for a fee exceed 50 million dekatherms in each of the previous three years must submit FERC Form 2 and 3-Q.
The FERC Form 714 (Form 714) collects information for the Federal Energy Regulatory Commission (FERC, Commission) from electric utility balancing authority and planning areas in the United States. The Form 714 is authorized by the Federal Power Act and is a regulatory support requirement as provided by 18 CFR § 141.51.

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FERC Form No. 714 is an annual report that provides data related to the electric control areas and planning regions, facilitating the Federal Energy Regulatory Commission's (FERC) oversight of the electric industry.
Electric utility companies that operate in control areas defined by FERC are required to file the FERC Form No. 714.
To fill out FERC Form No. 714, utilities must collect and report data on electric generation, demand, and transmission, following specific guidelines and instructions provided by FERC for accurate reporting.
The purpose of FERC Form No. 714 is to ensure that FERC has the necessary information to assess and analyze the reliability and capability of the electric grid and to facilitate planning and coordination among control areas.
The report must include information on generation capacity, energy supply, demand forecasts, interconnections, and any significant operational changes within the control area.
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