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FERC Announces Technical Conference on Filing Electric Quarterly Reports

On December 12, 2012, the Federal Energy Regulatory Commission staff will hold a
technical conference explaining recent changes to Electric Quarterly Reports
(“EQRs”) issued in Order No. 768. The morning session of the technical conference
will focus on information for new filers, and the afternoon session will focus on
changes to the ERQ data fields for all filers. FERC ordered the December 12
technical conference to address issues related to EQR changes and the expanded
population of filers. For those unable to attend in person, FERC will broadcast the
conference live via a free webcast.

The Commission established EQR reporting requirements in 2002 in order to collect
information needed to perform regulatory oversight over the transmission and sales
of electric energy at wholesale. The content of EQRs includes summary transaction
information for short-term and long-term cost-based sales and market-based rate
sales and the contractual terms and conditions in agreements for all jurisdictional
service.

Among other things, Order No. 768 expanded the universe of utilities required to
submit EQRs. Prior to Order No. 768, only public utilities, as that term is defined
under the Federal Power Act, were required to file EQRs. Non-jurisdictional utilities
(or non-public utilities) were exempt from the filing requirement. Beginning with
the third quarter of 2013, in addition to public utilities, all non-public utilities (such
as municipal agencies and electric cooperatives) with more than 4,000,000 MWh of
annual wholesale sales must file EQRs with FERC. A first time filer under Order No.
768 must submit its first EQR to FERC by October 31, 2013, covering the period of
July through September 2013.

More information about the technical conference is available by clicking here.

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