Get the free FERC Form No. 1 - Arkansas Public Service Commission - APSC ...

THIS FILING IS (CHECK ONE BOX FOR EACH ITEM) Item 1: An Initial (Original) OR 7 Resubmission No. Form Approved OMB NO. 1902-0021 (Expires 11/30/2001) Submission Item 2: 0 An Original Signed Form OR

How to fill out ferc form no 1

How to fill out FERC Form No. 1:

1. Gather all necessary information: Before starting to fill out FERC Form No. 1, ensure you have all the required information at hand. This may include the company's legal name, address, contact information, financial data, and other relevant details.
2. Understand the purpose of each section: FERC Form No. 1 consists of several sections, each serving a specific purpose. Take the time to familiarize yourself with the purpose of each section and the information it requires. This will help streamline the process and ensure accurate completion.
3. Begin with the basic identification information: Start by providing the basic identification information of the company, such as the legal name, address, and contact details. Double-check the accuracy of this information to avoid any discrepancies or delays.
4. Complete the financial section: The financial section of FERC Form No. 1 requires detailed information about the company's financial activities, including revenues, expenses, assets, liabilities, and other financial data. Carefully fill out this section, ensuring all figures are accurate and supported by relevant documentation.
5. Provide relevant operational data: FERC Form No. 1 also includes sections that require operational data, such as the quantity of electricity generated, transmitted, and purchased. Gather the necessary data and provide accurate information in these sections.
6. Follow instructions and guidelines: FERC Form No. 1 comes with instructions and guidelines to assist with its completion. Make sure to read these instructions carefully and follow them to ensure compliance and accuracy.
7. Review and double-check: Once you have filled out FERC Form No. 1, take the time to review and double-check all the information provided. Look for any errors, omissions, or inconsistencies that may need to be addressed before submission.

Who needs FERC Form No. 1?

1. Public Utilities: FERC Form No. 1 is primarily required of public utilities that fall under the jurisdiction of the Federal Energy Regulatory Commission (FERC). This includes companies involved in the generation, transmission, or distribution of electric energy.
2. Licensees and Exempt Wholesale Generators: Individuals or entities holding licenses or exemptions from FERC for the generation or sale of electric energy are also required to submit FERC Form No. 1. These can include licensees under the Federal Power Act and entities exempt from certain regulatory provisions.
3. Companies subject to FERC jurisdiction: Companies engaging in activities subject to FERC jurisdiction, such as those involved in interstate commerce or the transmission of electricity, may be required to file FERC Form No. 1. The applicability of this requirement depends on the specific circumstances and FERC regulations.

It's important to note that the above list is not exhaustive, and specific circumstances or exemptions may apply. Consulting FERC regulations and guidelines or seeking legal advice can provide a comprehensive understanding of who needs to file FERC Form No. 1.

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