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This document is the FERC Form No. 1 and Form 3-Q, which are mandatory financial reports required from major electric utilities, including PacifiCorp. It collects essential operational, financial,
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How to fill out ferc form no 1

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How to fill out FERC FORM No. 1 / 3-Q: Annual Report of Major Electric Utilities

01
Gather financial and operational data for the reporting period.
02
Download the FERC FORM No. 1 / 3-Q from the FERC website.
03
Fill out Section 1: Identification and Information.
04
Complete Section 2: Financial Statements, including balance sheet, income statement, and cash flow.
05
Provide details in Section 3: Notes to Financial Statements, explaining any significant changes or noteworthy items.
06
Fill out Section 4: Management Discussion and Analysis to summarize the financial condition and results of operation.
07
Enter operational data, including electricity generation and service statistics, in Section 5.
08
Review and verify all entries for accuracy and completeness.
09
Sign and date the certification statement at the end of the form.
10
Submit the completed form to FERC by the designated deadline.

Who needs FERC FORM No. 1 / 3-Q: Annual Report of Major Electric Utilities?

01
Major electric utilities operating in the United States.
02
Regulatory bodies requiring compliance and oversight.
03
Investors and stakeholders seeking detailed financial information.
04
Research analysts monitoring the electric utility market.
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People Also Ask about

What industries does FERC regulate and operate? FERC regulates the natural gas, electricity, oil and hydropower industries.
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.
These reports are also considered to be a non-confidential public use forms. 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.
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil. FERC also reviews proposals to build liquefied natural gas (LNG) terminals and interstate natural gas pipelines as well as licensing hydropower projects.
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.
Investor-owned companies that transmit and market electricity interstate, or transport and market natural gas interstate, must comply with the FERC Standards of Conduct.

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FERC FORM No. 1 / 3-Q is an annual report filed by major electric utilities that provides detailed information about their financial and operational performance.
Major electric utilities that have a total electric utility plant of $10 million or more, and all public utilities as defined by the Federal Energy Regulatory Commission (FERC), are required to file this report.
To fill out the FERC FORM No. 1 / 3-Q, utilities must follow the provided instructions, ensuring accurate financial data, operational statistics, and other relevant information required by the form, which can be submitted electronically or in paper format.
The purpose of FERC FORM No. 1 / 3-Q is to collect comprehensive information on the operations and financial status of major electric utilities, which aids in monitoring and regulating the utilities to ensure compliance with federal policies.
The report requires information such as the utility's gross revenues, operating expenses, retained earnings, employee statistics, and details on various assets and liabilities, among other financial and operational metrics.
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