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Using any web browser navigate to the FERC web site and go to the Form 714 home page. The starting URL is http //www. High Level Overview The Form 714 Viewer software is designed to provide the best performance maximum availability and richest set of features to assist users in viewing Form 714 data that has been filed with FERC. Most modern firewalls/proxys operate transparently and these settings do not have to be altered. But if the Form 714 V...
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How to fill out ferc form 714
How to fill out FERC Form 714:
01
Begin by obtaining the FERC Form 714 from the Federal Energy Regulatory Commission (FERC) website. This form is used to report data on actual and forecasted electric reliability metrics.
02
Carefully review the instructions provided with the form to ensure accurate and complete completion.
03
Fill in the general information section of the form, including the reporting entity's name, contact information, and identification number.
04
Provide information regarding the reporting year, date of the submission, and any optional reporting choices, if applicable.
05
Moving on to the data entry section of the form, provide the requested information on the reliability metrics specified in the instructions. This may include data on capacity resources, reserve margins, actual and projected peak demand, and other relevant metrics.
06
Ensure all the calculations and data entries are accurate and consistent with any guidelines or definitions provided by FERC.
07
Review the completed form for any errors, inconsistencies, or missing information. Make any necessary corrections or additions before finalizing the form.
08
Once you are confident that the form is complete and accurate, submit it to FERC according to their specified submission procedure and deadline.
Who needs FERC Form 714:
01
Electric utility companies are required to submit FERC Form 714 to comply with reporting requirements set forth by the Federal Energy Regulatory Commission (FERC).
02
Independent system operators (ISOs) and regional transmission organizations (RTOs) also need to submit this form to provide data on the reliability of the electric grid.
03
The form is necessary for monitoring and assessing the state of electric reliability and planning future energy infrastructure projects. It allows FERC, government agencies, and other stakeholders to make informed decisions and take appropriate actions to ensure the reliability of the electric grid.
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What is ferc form 714?
FERC Form 714 is a form used by the Federal Energy Regulatory Commission (FERC) to collect information on the Annual Electric Balancing Authority Area and Planning Area Report.
Who is required to file ferc form 714?
Electric balancing authorities and transmission planners are required to file FERC Form 714.
How to fill out ferc form 714?
FERC Form 714 can be filled out electronically using the FERC's online system or by submitting the completed form through mail or email as per the instructions provided by FERC.
What is the purpose of ferc form 714?
The purpose of FERC Form 714 is to collect data related to electric balancing authority areas and planning areas, including information on load, generation, interchange, and transmission. This data helps FERC in its analysis and monitoring of the electric grid.
What information must be reported on ferc form 714?
FERC Form 714 requires reporting of various information including load data, generation data, interchange data, transmission data, and operational information related to electric balancing authority areas and planning areas.
When is the deadline to file ferc form 714 in 2023?
The deadline to file FERC Form 714 in 2023 is March 1st.
What is the penalty for the late filing of ferc form 714?
The penalty for the late filing of FERC Form 714 is subject to FERC's enforcement discretion. However, it is important to file the form by the given deadline to avoid any potential penalties or enforcement actions.
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