A consolidated supporting statement is being submitted for Forms 1, 1-F, and 3-Q [electric and gas). Form 3-Q requires companies to file with FERC a complete set of quarterly financial statements. Most of the information contained in these forms is the same information currently submitted on an annual basis. Quarterly reporting of financial information permits the Commission to better understand trends and other factors that may affect an entity's liquidity position, its commitments of capital expenditures, its sources of financing, along with changes in the amount of assets, liabilities, debt and equity used in its business. Transparent accounting and more frequent financial reporting play an important role in achieving vigilant oversight of market participants. More frequent financial reporting provides needed insight into the opportunities and risks facing the energy industry as the Commission considers and assesses the affects of its regulatory initiatives. The Commission shares the view that quarterly reporting enhances its overall decision making process by providing more timely, useful and relevant data to the decision making process. The 30-day Notice in Docket IC19-22 is being published in the Federal Register on 7/18/19. (A placeholder is included in the metadata below in order to submit this timely to OMB.) The FERC-issued version of the Notice is included under Supplementary Documents.
The latest form for FERC-3-Q, Quarterly Financial Report of Electric Utilities, Licensees, and Natural Gas Companies (Final Rule in RM21-11-000) expires 2022-11-30 and can be found here.
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Supporting Statement A |
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Supplementary Document |
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Federal Enterprise Architecture: Energy - Energy Production
Review document collections for all forms, instructions, and supporting documents - including paper/printable forms.