Quarterly Report Data Definitions For Contract Dates, Ancillary Services Tweaked By Ferc

摘要

The commission last week revised its electric quarterly report data requirements to clarify what qualifies as a contract commencement date and the types of ancillary services that must be included in EQRs. The revisions "will make reporting this information less burdensome and more accessible," said the order (RM01-8).rnAs market conditions change, it is important to know when the dates of key terms of contracts were established, FERC explained in clarifying which effective contract dates companies should list in their EQRs. If there is no known initial effective date for a contract, the date when service started can be listed, said the October 28 order.rn"We find this additional phrase further clarifies that the commission does not intend to require filers to research contract histories to comply with the requirements."