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This document serves as the Federal Energy Regulatory Commission (FERC) financial report for major natural gas companies, detailing their annual and quarterly financial information as required by
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How to fill out ferc form no 23q
How to fill out FERC Form No. 2/3Q
01
Gather necessary financial, operational, and statistical information about your utility or energy operation.
02
Identify the correct FERC Form (No. 2 for annual reports or No. 3Q for quarterly reports) that you need to complete.
03
Carefully read the specific instructions provided by FERC for the selected form.
04
Fill out the identification section including the utility's name, FERC identification number, and other required details.
05
Complete all required sections of the form, ensuring accuracy and thoroughness in financial reporting.
06
Provide supplemental schedules if required, such as information on revenue, expenses, and assets.
07
Review all entries for completeness and compliance with FERC regulations.
08
Sign and date the form as required by FERC guidelines.
09
Submit the completed form electronically or via mail by the specified deadline.
Who needs FERC Form No. 2/3Q?
01
All public utilities engaged in the transmission or sale of electric energy in interstate commerce.
02
Entities that have to comply with the reporting requirements outlined by the Federal Energy Regulatory Commission.
03
Companies that operate as natural gas companies or that are involved with hydroelectric projects.
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People Also Ask about
What are the objectives of the FERC?
Overview. FERC's Mission: Assist consumers in obtaining reliable, safe, secure, and economically efficient energy services at a reasonable cost through appropriate regulatory and market means, and collaborative efforts.
What is the FERC XBRL mandate?
FERC's XBRL requirement requires filers to submit to quarterly and annual reports of public utilities, electric utilities, natural gas companies, oil pipeline companies, and centralized service companies in XBRL.
What's the difference between NERC and 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.
What is the meaning of FERC?
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil.
Where is Ferc?
The Federal Energy Regulatory Commission (FERC) is conveniently located at 888 First Street, N.E., Washington, D.C. approximately three blocks from the Union Station Metro station.
What is the full form of 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.
What is FERC compliance?
Federal Energy Regulatory Commission (FERC) compliance is a set of regulations and standards for the transmission of electricity, natural gas, and oil. Part of FERC compliance is monitoring the reliability of transmission lines and overseeing environmental matters for gas and electric lines.
Where is FERC?
The Federal Energy Regulatory Commission (FERC) is conveniently located at 888 First Street, N.E., Washington, D.C. approximately three blocks from the Union Station Metro station.
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What is FERC Form No. 2/3Q?
FERC Form No. 2 is an annual report that certain public utilities in the United States must file with the Federal Energy Regulatory Commission (FERC). FERC Form No. 3Q is a quarterly version of this report, focusing on financial data and operational metrics.
Who is required to file FERC Form No. 2/3Q?
Public utilities with an annual gross operating revenue of $4 million or more are required to file FERC Form No. 2, while those with similar revenue thresholds must file Form No. 3Q on a quarterly basis.
How to fill out FERC Form No. 2/3Q?
To fill out FERC Form No. 2/3Q, utilities must gather their financial and operational data, complete the required sections as outlined in the form instructions, and ensure all data aligns with FERC's guidelines before submission.
What is the purpose of FERC Form No. 2/3Q?
The purpose of FERC Form No. 2/3Q is to provide the FERC with essential financial and operational information about public utilities, ensuring transparency and facilitating regulatory oversight.
What information must be reported on FERC Form No. 2/3Q?
FERC Form No. 2/3Q requires utilities to report information such as income statements, balance sheets, cash flow statements, and operational data related to energy generation and transmission activities.
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