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ARTICLE · 03 MAY 2011

FERC Proposes Rule Requiring Quarterly Reporting For Public Power

Hogan Lovells US LLP
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On 21 April 2011 the Federal Energy Regulatory Commission (FERC) proposed a rule that would require publicly owned utilities (e.g., electric cooperatives and municipally-owned electric utilities) to file electric quarterly reports (EQRs).

United StatesEnergy and Natural Resources
Susan Court
Susan Court
Elizabeth Matthew
Elizabeth Matthew
Mustafa Ostrander
Mustafa Ostrander
Michael Yuffee
Michael Yuffee

On 21 April 2011 the Federal Energy Regulatory Commission (FERC) proposed a rule that would require publicly owned utilities (e.g., electric cooperatives and municipally-owned electric utilities) to file electric quarterly reports (EQRs). The Notice of Proposed Rulemaking (NOPR) also proposes certain revisions to the existing EQR filing requirements, which would apply to all market participants filing EQRs.

The NOPR follows a related Notice of Inquiry (NOI) issued on 21 January 2010 which resulted in the submission of 40 comments, many of which were submitted by power companies and electric cooperatives questioning FERC's authority and rationale behind imposing EQR filing requirements on public power. Comments on the NOPR will be due by approximately the end of June, 60 days after publication in the Federal Register.

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