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This document contains the annual and quarterly financial reporting for major electric utilities as mandated by the Federal Energy Regulatory Commission (FERC). It includes detailed information about
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How to fill out ferc form no 13-q
How to fill out FERC FORM No. 1/3-Q
01
Gather the necessary financial and operational data for the reporting period.
02
Download the FERC FORM No. 1/3-Q from the FERC website or obtain the latest version from your regulatory agency.
03
Begin with general information sections, including company name, address, and FERC identification number.
04
Fill out the income statement, detailing revenues, expenses, and net income.
05
Provide balance sheet information, including assets, liabilities, and equity.
06
Complete the statement of cash flows, showing cash inflows and outflows.
07
Fill in the supplemental schedules as required, such as operational statistics or affiliated transactions.
08
Review each section for accuracy and completeness.
09
Sign and date the form as required, often by an authorized company officer.
10
Submit the completed form electronically or via the method specified by FERC by the due date.
Who needs FERC FORM No. 1/3-Q?
01
Public utilities and companies regulated by the Federal Energy Regulatory Commission (FERC).
02
Companies engaged in the interstate transmission of electricity, natural gas, and oil.
03
Entities required to submit financial data for transparency and regulatory compliance.
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People Also Ask about
What is FERC Form 3q?
The Form No. 3-Q is a comprehensive quarterly financial and operating report which supplements Form 1 and is submitted for all Major and Non-Major: Electric Utilities; Licensees; and. Natural Gas Companies.
Who is required to file a FERC form 1?
Each Major electric utility, licensee, or other, as classified in the Commission's Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject To the Provisions of The Federal Power Act (18 C.F.R. Part 101), must submit FERC Form 1 (18 C.F.R.
What is a FERC permit?
Under the authority of the Federal Power Act, FERC has the exclusive authority to license most non-federal hydropower projects located on navigable waterways or federal lands, or connected to the interstate electric grid. Applicants for licenses may use the Integrated, Traditional, or Alternative Licensing Processes.
What is FERC Form 6?
The Form No. 6 is designed to collect financial and operational information from oil pipeline companies subject to the jurisdiction of the Commission. The following is a list of important Commission Orders and/or decisions regarding the Form No.
What is the purpose 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.
Who files FERC Form 2?
Each natural gas company whose combined gas transported or stored for a fee exceed 50 million dekatherms in each of the previous three years must submit FERC Form 2 and 3-Q.
What is a FERC 205 filing?
Section 205 Filings In an FPA Section 205 filing, the public utility submits a new document containing or affecting a rate, term or condition of a FERC-jurisdictional service or charge with FERC for approval.
What is the FERC 7 factor test?
The seven-factor test involves a case-by-case analysis of the following seven indicators of local distribution: (1) local distribution facilities are normally in close proximity to retail customers; (2) local distribution facilities are primarily radial in character; (3) power flows into local distribution systems, and
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What is FERC FORM No. 1/3-Q?
FERC FORM No. 1 is an annual report filed by public utilities in the United States detailing their financial and operational data. FERC FORM No. 3-Q is a quarterly version of this report, which provides similar information on a quarterly basis.
Who is required to file FERC FORM No. 1/3-Q?
Public utilities that are regulated by the Federal Energy Regulatory Commission (FERC) are required to file FERC FORM No. 1 and FERC FORM No. 3-Q.
How to fill out FERC FORM No. 1/3-Q?
Entities must complete the form by providing requested financial information, operational statistics, and other relevant data as prescribed in the instructions provided by FERC. Each utility should ensure accuracy and compliance with FERC requirements.
What is the purpose of FERC FORM No. 1/3-Q?
The purpose of FERC FORM No. 1/3-Q is to provide the FERC with essential data about the financial and operational aspects of public utilities, enabling the commission to oversee and regulate the electric industry effectively.
What information must be reported on FERC FORM No. 1/3-Q?
FERC FORM No. 1/3-Q requires reporting of information such as balance sheets, income statements, cash flow statements, operational metrics, and other statistical data related to the utility's financial performance and operational activities.
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