May 1, 2015 New FERC Order to change Commission Forms to XML

On April 16, 2015 FERC issued an Order (Docket No. AD15-11Instituting Proceeding to Develop Electronic Filing Protocols for Commission Forms which addresses the proposal by the Commission to develop XML formats for  the forms submitted electronically by the gas, electric, and/or oil industries. 

This initiative will impact Forms 1 and 2 (annual reports of major electric utilities and natural gas companies), Form 1-F and 2-A (annual reports of non-major electric utilities and natural gas companies), Form 3-Q (quarterly financial report of electric utilities and natural gas companies), Form 714 (annual electric balancing authority area and planning area report) and Form 60 (annual report of centralized service companies).

Systrends will monitor the progress of the order and develop an application that will transform these forms to XML once all the requirements by FERC have been established.