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This document discusses proposed modifications to Page 700 of FERC Form No. 6, which is used by oil pipelines for reporting jurisdictional financial information to improve the calculation of actual
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How to fill out ferc form no 6
How to fill out FERC Form No. 6
01
Gather all necessary financial data, including revenue, expenses, and balance sheet information.
02
Download the FERC Form No. 6 from the FERC website or obtain a physical copy.
03
Start with the identification section, filling in your company's name, address, and FERC docket number.
04
Complete the income statement section, detailing revenue and various categories of expenses.
05
Fill out the balance sheet, listing assets, liabilities, and equity.
06
Provide additional schedules as required, which may include details about specific services or facilities.
07
Review the form for completeness and accuracy, ensuring all calculations are correct.
08
Sign and date the form where indicated.
09
Submit the completed form to the appropriate FERC office, adhering to submission deadlines.
Who needs FERC Form No. 6?
01
Public utilities that are required to provide detailed financial information to the Federal Energy Regulatory Commission (FERC).
02
Companies involved in the transmission and sales of electricity in interstate commerce.
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What is FERC Form No. 6?
FERC Form No. 6 is a financial report that oil pipeline companies regulated by the Federal Energy Regulatory Commission (FERC) are required to submit. It provides detailed data on the company's financial performance, including revenues, expenses, and other key financial metrics.
Who is required to file FERC Form No. 6?
Oil pipeline companies that are under the jurisdiction of the FERC and that have revenues exceeding $500,000 in the fiscal year are required to file FERC Form No. 6.
How to fill out FERC Form No. 6?
To fill out FERC Form No. 6, companies must gather their financial data for the reporting period, complete the required sections of the form, ensuring that all information is accurate and reflects the company's financials. The form must be submitted electronically through the FERC's online filing system.
What is the purpose of FERC Form No. 6?
The purpose of FERC Form No. 6 is to provide FERC with the necessary information to evaluate the financial performance of oil pipeline companies, ensure compliance with regulations, and promote transparency in the oil pipeline industry.
What information must be reported on FERC Form No. 6?
FERC Form No. 6 requires reporting on various financial categories, including operating revenues, operating expenses, income taxes, costs associated with the pipeline's operation, detailed commodity and service revenues, and other significant financial metrics.
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