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I t THIS FILING IS Item 1: An Initial (Original) OR Resubmission No. — Form 60 Approved OMB No. 19024215 Expires 02/26/20 10 Submission FERC FINANCIAL REPORT FERC FORM No. 60: Annual Report of Centralized
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The FERC financial report, also known as the Federal Energy Regulatory Commission financial report, is a required submission by certain entities regulated by FERC to provide financial information related to their operations and activities in the energy industry.
Entities that fall under FERC jurisdiction, including electric utilities, natural gas pipelines, hydroelectric facilities, and more, are required to file the FERC financial report. The specific requirements depend on the type and size of the entity.
The FERC financial report must be filled out following the guidelines provided by FERC. It typically requires detailed financial information, including balance sheets, income statements, cash flow statements, and other relevant financial data. The report may also require specific schedules and disclosures based on the nature of the entity's operations.
The primary purpose of the FERC financial report is to provide FERC and other stakeholders with essential financial information about regulated entities. This information helps ensure transparency, accountability, and regulatory compliance in the energy industry. It also aids in monitoring the financial health and economic performance of these entities.
The required information on the FERC financial report may include but is not limited to: details of assets and liabilities, revenue and expenses, cash flows, regulatory liabilities, rate base information, cost allocation, capital structure, and other relevant financial and operational data. Specific reporting requirements may vary depending on the nature of the entity and its activities.
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