FERC Seeks Comments on Extending Reporting Requirement to Cooperatives and Others


The Federal Energy Regulatory Commission (FERC) is seeking comments on whether to require electric cooperatives, municipal utilities and other non-jurisdictional sellers to file the Electric Quarterly Report (EQR) currently required of investor-owned utilities, merchant generators and power marketers. In its Notice of Inquiry (NOI) issued on January 21, 2010 (FERC Docket No. RM10-12-000), FERC seeks to promote price transparency in electricity markets through the expanded reporting requirement. Additionally, FERC requests comments on refinements to certain EQR fields for all entities that are required to file EQRs. A summary of these items follows.

Expansion of Reporting Requirement

FERC’s EQR reporting requirement currently is limited to regulated public utilities, such as traditional investor-owned utilities, merchant generators and power marketers. The EQR collects, and makes publicly available, information on jurisdictional sellers’ contracts and transactions, including counterparty, products, prices, quantities, and locations, all pursuant to a highly detailed FERC-specified format.

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