Get the free FERC Form No. 1 ANNUAL REPORT OF MAJOR ... - icc illinois

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How to fill out ferc form no 1

How to fill out ferc form no 1

1. To fill out FERC Form No. 1, follow these steps:
2. Gather all the necessary information and supporting documents required for the form.
3. Begin by providing your company's basic information, such as name, contact details, and legal status.
4. Enter the specific details of your company's jurisdiction, including the state and county where you operate.
5. Provide information about your company's ownership structure, including any parent or affiliate companies.
6. Fill out the financial information section, including details of your company's assets, liabilities, revenues, and expenses.
7. Include any applicable rate schedules and tariff sheets.
8. Complete the operational information section, detailing your company's generation, transmission, and distribution facilities.
9. Provide information about any contracts or agreements with other entities.
10. Include any relevant litigation or regulatory proceedings involving your company.
11. Finally, review the form thoroughly for accuracy and completeness before submitting it to the Federal Energy Regulatory Commission (FERC).

Who needs ferc form no 1?

1. FERC Form No. 1 is required by companies involved in the generation, transmission, or distribution of electric energy.
2. This includes electric utilities, public utility holding companies, and licensees of FERC hydropower projects.
3. The form is used to collect financial and operational information, as well as to ensure compliance with FERC regulations.
4. FERC Form No. 1 is necessary for companies to demonstrate their adherence to regulatory requirements and to support the FERC's oversight of the electric energy industry.

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What is ferc form no 1?

FERC Form No. 1 is an annual financial report required by the Federal Energy Regulatory Commission (FERC) from certain public utilities that operate in the United States. It provides a comprehensive overview of the utilities' financial condition and operation.

Who is required to file ferc form no 1?

Public utilities that have a total plant investment of $10 million or more, and are subject to FERC jurisdiction, are required to file FERC Form No. 1.

How to fill out ferc form no 1?

To fill out FERC Form No. 1, utilities need to provide detailed financial data, operational statistics, and specific information characteristics as outlined in the form instructions provided by FERC. It generally requires gathering financial statements and operational data from various departments.

What is the purpose of ferc form no 1?

The purpose of FERC Form No. 1 is to collect data necessary for the FERC to analyze the financial and operational performance of public utilities to ensure transparency and compliance with federal regulations.

What information must be reported on ferc form no 1?

FERC Form No. 1 must report information including balance sheets, income statements, cash flow statements, and various operational metrics like customer data and energy generation statistics.