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This form is designed to collect financial information from non-major natural gas companies as mandated under the Natural Gas Act. It includes the Annual Report of Non-Major Natural Gas Companies
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How to fill out ferc form no 2-a3q
How to fill out FERC FORM No. 2-A/3Q
01
Step 1: Gather necessary financial and operational data for the reporting period.
02
Step 2: Access FERC FORM No. 2-A/3Q at the FERC website or through your company's filing software.
03
Step 3: Fill out the identification section, including the company name, address, and FERC identification number.
04
Step 4: Complete the balance sheet section by entering assets, liabilities, and equity information.
05
Step 5: Fill out the income statement section, providing details on revenues, expenses, and net income.
06
Step 6: Complete the cash flow statement, detailing cash inflows and outflows.
07
Step 7: Include any necessary supporting schedules and additional information as required.
08
Step 8: Review the completed form for accuracy and compliance with FERC requirements.
09
Step 9: Submit the form electronically through the FERC's eFiling system by the deadline.
Who needs FERC FORM No. 2-A/3Q?
01
Public utilities that are required to file financial reports with the Federal Energy Regulatory Commission (FERC).
02
Electricity and natural gas companies operating in interstate commerce.
03
Any company that meets the threshold criteria set by FERC for reporting requirements in accordance with the Natural Gas Act and the Federal Power Act.
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People Also Ask about
What does FERC mean?
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of natural gas, oil, and electricity.
Who does FERC apply to?
What industries does FERC regulate and operate? FERC regulates the natural gas, electricity, oil and hydropower industries.
What is FERC Form 3q?
The Form No. 3-Q is a comprehensive quarterly financial and operating report which supplements Annual Report Forms 2 and 2-A and is submitted for each Major and Non Major Natural Gas Company. Chapter: 18 CFR § 260.300. OMB #: 1902-0205, expires 7/31/2025.
What is the FERC transmission order?
On May 13, 2024, the Federal Energy Regulatory Commission (FERC) released Order 1920, a landmark rulemaking requiring each of the transmission planning regions in the United States to undergo long-term transmission planning.
Who files FERC Form 2?
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.
What utilities are regulated by the FERC?
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil. FERC also reviews proposals to build liquefied natural gas (LNG) terminals and interstate natural gas pipelines as well as licensing hydropower projects.
Who does FERC have jurisdiction over?
FERC typically has jurisdiction over sales of electricity between power suppliers and utilities, which are called “wholesale sales.” In major parts of the country (see map above), there are organized markets for wholesale electricity sales.
Who is required to file a FERC Form 1?
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.
What is FERC form 2?
2 - Major Natural Gas Pipeline Annual Report. The Form No. 2 is a compilation of financial and operational information from major interstate natural gas pipelines subject to the jurisdiction of the FERC.
What is FERC form 2?
2 - Major Natural Gas Pipeline Annual Report. The Form No. 2 is a compilation of financial and operational information from major interstate natural gas pipelines subject to the jurisdiction of the FERC.
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What is FERC FORM No. 2-A/3Q?
FERC FORM No. 2-A/3Q is a financial reporting form used by certain gas pipeline companies to report their financial results and operational data to the Federal Energy Regulatory Commission (FERC).
Who is required to file FERC FORM No. 2-A/3Q?
Companies that are classified as 'natural gas companies' under the Natural Gas Act and that fall within FERC's defined threshold must file FERC FORM No. 2-A/3Q.
How to fill out FERC FORM No. 2-A/3Q?
To fill out FERC FORM No. 2-A/3Q, entities must gather required financial data, operational statistics, and any other information specified in the form's instructions. The filled form must then be submitted electronically through FERC's eFiling system.
What is the purpose of FERC FORM No. 2-A/3Q?
The purpose of FERC FORM No. 2-A/3Q is to provide FERC and the public with key information about the financial performance and operational statistics of regulated gas pipeline companies.
What information must be reported on FERC FORM No. 2-A/3Q?
FERC FORM No. 2-A/3Q requires reporting of financial data such as revenues, expenses, and net income, as well as operational statistics like throughput volumes and capacity utilization, along with various other details specific to the pipeline company's operations.
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