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This form is used to report financial and operational information from major electric utilities and licensees, as mandated by the Federal Energy Regulatory Commission under various sections of the
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How to fill out ferc form no 1

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How to fill out FERC FORM No. 1 & 3-Q

01
Gather financial and operational data for the reporting period.
02
Access the FERC FORM No. 1 & 3-Q from the FERC website.
03
Fill out the identification section, including the company name, address, and Docket No.
04
Complete the Balance Sheet section by listing assets, liabilities, and equity.
05
Fill in the Income Statement section with revenue and expenses.
06
Provide detailed information about cash flow operations.
07
Input data related to utility plant and operation statistics.
08
Review and ensure all sections are filled accurately.
09
Attach any necessary supporting schedules or financial statements.
10
File the completed forms electronically with FERC before the deadline.

Who needs FERC FORM No. 1 & 3-Q?

01
Public utilities that provide electricity and natural gas services.
02
Entities regulated by the FERC that meet specific revenue thresholds.
03
Companies involved in the wholesale energy market.
04
Investors and analysts reviewing the financial health of utilities.
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People Also Ask about

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. The form contains data for a calendar year.
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.
The Form No. 1 is a comprehensive financial and operating report submitted annually for electric rate regulation, market oversight analysis, and financial audits by Major electric utilities, licensees and others.
The rule provides: Prompt Review: While the Clean Water Act allows them one year to accept, deny, or waive a certification request, FERC's rule encourages states and tribes to accept, deny, or waive the request within six months.
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. The form contains data for a calendar year.
Inside F.E.R.C. means Platts Inside F.E.R.C.'s Gas Market Report, or any successor publication, published by The McGraw-Hill Companies Inc. or its successor. Inside F.E.R.C. means the "Index Price" published in Inside F.E.R.
The Form No. 1 is a comprehensive financial and operating report submitted annually for electric rate regulation, market oversight analysis, and financial audits by Major electric utilities, licensees and others.

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FERC FORM No. 1 is an annual financial report required by the Federal Energy Regulatory Commission (FERC) from public utilities, while FERC FORM No. 3-Q is a quarterly financial report for similar entities.
Public utilities, as defined by FERC regulations, are required to file FERC FORM No. 1 and FERC FORM No. 3-Q.
FERC FORM No. 1 and 3-Q can be filled out using the instructions provided by FERC, where utilities must report specific financial, operational, and statistical data from their records.
The purpose of FERC FORM No. 1 & 3-Q is to provide the FERC with essential financial and operational information that is critical for oversight and regulation of public utilities.
FERC FORM No. 1 requires reporting of detailed financial data, including balance sheets, income statements, and cash flow information, while FERC FORM No. 3-Q focuses on quarterly financial results, including operating revenues and expenses.
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