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ARTICLE · 24 JUNE 2016

FERC Clarifies Electric Quarterly Report Reporting Requirements

The majority of FERC's order provides certain clarifications and modifications of the EQR reporting requirements and fields in the EQR Data Dictionary.

United StatesEnergy and Natural Resources

On June 16, 2016, FERC clarified some of its Electric Quarterly Report ("EQR") reporting requirements, including EQR Data Dictionary modifications that (1) clarify certain EQR fields, (2) require all EQR users to report transactions that occur on a sub-hourly basis, and (3) emphasize the requirement for transmission providers to report transmission service information. FERC's order also indicates that, in the future, it will post certain non-material changes to the EQR reporting requirements and EQR Data Dictionary to its website and notify EQR users via e-mail of any such changes.

The majority of FERC's order provides certain clarifications and modifications of the EQR reporting requirements and fields in the EQR Data Dictionary. In general, the EQR Data Dictionary defines certain terms and values used when filing EQR data and provides formal definitions for certain EQR fields. Of note, FERC clarified the method for identifying "Increment Name" in the Contract Data

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