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This form collects transactional information from natural gas market participants regarding their use of the natural gas spot markets and the engagement in physical natural gas transactions for the
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How to fill out ferc form no 552

How to fill out FERC Form No. 552
01
Gather necessary information about your entity, including identification details and organizational structure.
02
Review the instructions provided by FERC to understand the specific requirements and definitions.
03
Collect data on natural gas transactions and related activities for the reporting period.
04
Complete the sections of the form according to the instructions, ensuring accurate reporting of volumetric and monetary values.
05
Double-check all entries for accuracy and compliance with FERC regulations.
06
Submit the completed form through the FERC's designated filing system by the deadline.
Who needs FERC Form No. 552?
01
Entities engaged in the purchase, sale, or transportation of natural gas must file FERC Form No. 552.
02
Market participants that meet specified thresholds for transactions in natural gas are required to report.
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How long does FERC approval take?
Depending on the filing type, review by one of our Program Offices may be in progress. This review could take up to 24 hours. There are also periods during which the filing queue may receive a large influx of filings. In any event, filings should be accepted or rejected within 24 hours.
Are utility companies federally regulated?
Who Regulates Electricity Utilities? The Federal Energy Regulatory Commission (FERC) oversees the interstate transmission of electricity, oil, and natural gas. Its mission is to provide consumers with access to reliable, efficient, safe, and secure energy at a reasonable cost.
What is the purpose of the FERC?
The Federal Energy Regulatory Commission (FERC) regulates interstate transmission of electricity, natural gas, and oil, and also regulates hydropower projects and natural gas terminals.
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 556?
§ 131.80 FERC Form No. 556, Certification of qualifying facility (QF) status for a small power production or cogeneration facility. (a) Who must file. Any person seeking to certify a facility as a qualifying facility pursuant to sections 3(17) or 3(18) of the Federal Power Act, 16 U.S.C.
What is FERC Form 561?
The Form 561 data identifies persons holding interlocking positions between public utilities and other entities, allows the Commission to review these interlocking positions, and allows identification of possible conflicts of interest.
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.
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What is FERC Form No. 552?
FERC Form No. 552 is a reporting form used by the Federal Energy Regulatory Commission (FERC) to collect data on the sales of wholesale electricity by certain market participants.
Who is required to file FERC Form No. 552?
Entities engaged in the sale of wholesale electricity that meet certain thresholds set by FERC are required to file FERC Form No. 552.
How to fill out FERC Form No. 552?
FERC Form No. 552 can be filled out using the FERC's prescribed format, including entering required data regarding sales and purchases of electricity, and must be submitted electronically via the FERC's eFiling system.
What is the purpose of FERC Form No. 552?
The purpose of FERC Form No. 552 is to provide the Commission with information that assists in monitoring market conditions and ensuring compliance with regulatory requirements.
What information must be reported on FERC Form No. 552?
FERC Form No. 552 requires reporting on details such as the quantity of electricity sold, the pricing of those sales, the type of transactions involved, and the counterparties involved.
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