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This document serves as a comprehensive report for utility companies, detailing their utility plant, accumulated provisions for depreciation, and other related financial information for the specified
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How to fill out ferc form no 2
How to fill out FERC FORM NO. 2 (12-96)
01
Obtain the FERC FORM NO. 2 (12-96) from the FERC website or the appropriate regulatory authority.
02
Read the instructions accompanying the form carefully to understand the requirements.
03
Fill in the identification section, including the year for which the form is filed and the name of the entity.
04
Complete the financial statement section by entering the required financial data as per the guidelines.
05
Provide information about the company’s ownership structure in the ownership section.
06
Fill out operational data such as annual statistics in the operations section.
07
Ensure all significant accounting policies and notes are included in the notes section.
08
Review the completed form for accuracy and completeness.
09
Submit the form electronically via the FERC online system by the deadline.
Who needs FERC FORM NO. 2 (12-96)?
01
Public utilities and natural gas companies that are required to submit financial and operational data to the Federal Energy Regulatory Commission (FERC).
02
Companies that operate in interstate commerce and are subject to the jurisdiction of FERC.
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What is FERC FORM NO. 2 (12-96)?
FERC FORM NO. 2 (12-96) is a financial reporting form used by certain public utilities regulated by the Federal Energy Regulatory Commission (FERC) to provide detailed information about their financial condition, operations, and related activities.
Who is required to file FERC FORM NO. 2 (12-96)?
Public utilities with an annual gross operating revenue of $10 million or more are required to file FERC FORM NO. 2 (12-96) as part of their regulatory obligations.
How to fill out FERC FORM NO. 2 (12-96)?
Filling out FERC FORM NO. 2 (12-96) involves gathering financial and operational data, and completing the form based on the specific line items and instructions provided by FERC, ensuring accuracy and consistency with the utility’s accounting records.
What is the purpose of FERC FORM NO. 2 (12-96)?
The purpose of FERC FORM NO. 2 (12-96) is to provide FERC with essential financial and operational information that helps in monitoring the performance and establishing the rates of public utilities.
What information must be reported on FERC FORM NO. 2 (12-96)?
FERC FORM NO. 2 (12-96) requires reporting financial statements, operating statistics, revenue and expense details, and other relevant information about utility assets and liabilities.
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