The Commission issued Order No. 860 , which amended the Commission's market-based rate regulations at 18 C.F.R. section 35, subpart H, effective April 1, 2020.
Order No. 860 provides that the Commission will begin collecting certain market-based rate information through a relational database, including: certain upstream ownership information, asset appendix information (including a new requirement to report long-term firm purchases) for the seller and its affiliates that do not have market-based rate authority, indicative screen information, and certain other market-based rate information.
In addition, sellers will be required to update the database on a monthly basis to reflect any changes and the change in status filing requirement is changed to a quarterly obligation.
After April1, 2021, no asset appendices or indicative screens may be submitted as attachments to filings through the eTariff system.
| Activity | Order No. 860 Schedule | Revised, Six-month Extension Schedule |
| Testing period for the MBR Database | Through Sept. 30, 2020 | Through Mar. 31, 2021 |
| Effective date of Order No. 860 | Oct. 1, 2020 | Apr. 1, 2021 |
| “Go-live” date of MBR Database | Oct. 1, 2020 | Apr. 1, 2021 |
| Sellers should create needed identifiers (FERC Generated IDs and Asset IDs) in the MBR Portal and prepare their baseline submissions | Oct. 1, 2020 – Dec. 31, 2020 | Apr. 1, 2021 – June 30, 2021 |
| Baseline submissions are due | By Feb. 1, 2021 | By Aug. 2, 2021 |
| First change in status filings under new timelines are due | By Feb. 28, 2021 | By Aug. 31, 2021 |
Applicants seeking market-based rate authority on or after April 1, 2021 will be required to make a submission into the relational database prior to filing an initial market-based rate application.
Systrends is currently developing software for this requirement and will have it ready by February 22021. If you would like a demo of the application at its current progress please contact Renee.Feeney@systrends.com
Phone
Email: 
2115 W Shawnee Dr
Download Systrends