Media News Releases
|News Release: September 18, 2008||View Printable PDF Version|
|Docket No: RM01-5-000|
FERC finalizes electronic filing of tariffs
The Federal Energy Regulatory Commission (FERC) today finalized a rule requiring all tariff filings by public utilities, natural gas pipelines and oil pipelines be made electronically.
The standards and protocols governing the electronic tariff filings are the product of a collaborative effort among FERC staff, the electric and gas industry members of the North American Energy Standards Board and the Association of Oil Pipelines. The standards and protocols will result in a highly efficient system of electronic filing that will make tariff information accessible to the public from FERC’s web site. Implementation of the electronic tariff filing requirements will begin in 18 months to permit sufficient time for software development.
“This final rule on electronic tariff filings is a milestone. We have worked on this for some time knowing that the final outcome would create efficiency and functionality for the industry,” FERC Chairman Joseph T. Kelliher said. “I want to thank all who worked on making this a reality and also the individuals who attended the many meetings that were held throughout this process.”
The new standards “will provide each company with enhanced flexibility to develop software to better integrate tariff filings with their individual tariff maintenance and business need,” the rule states. The newly created database also will allow users to conduct historical research into tariffs and track activity, and also create automatic e-mail notification to an applicant of receipt of a filing and whether the filing has been accepted. The rule also will reduce physical storage space needs and processing time at FERC.
The rule also provides that FERC staff will convene technical conferences with the industries to review development progress and to establish a staggered six-month schedule for initial implementation.
The Federal Power Act, the Natural Gas Act and the Interstate Commerce Act require regulated entities to file with FERC their transmission tariffs outlining the rates, terms and conditions for service on electronic transmission systems and interstate natural gas and oil pipelines.
A Notice of Proposed Rulemaking (NOPR) was issued in July 2004, followed by a Supplemental NOPR in April of this year.
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