Industries Electric Market-Based Rates
» Order No. 860
July 18, 2019
Docket No. RM16-17-000
FINAL RULE ON DATA COLLECTION FOR ANALYTICS AND SURVEILLANCE AND MARKET-BASED RATE PURPOSES
The Commission issued Order No. 860 on July 18, 2019, which amended the Commission's market-based rate regulations at 18 C.F.R. section 35, subpart H, effective October 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 January 31, 2021, no asset appendices or indicative screens may be submitted as attachments to filings through the eFiling system.
Order No. 860-A
The Order addresses requests for rehearing and clarification and affirms its determinations in Order No. 860, which amends its regulations governing market-based rates for public utilities.
January 10, 2020 Update
The MBR Database Test Environment is now available, as well as updated version of the XML, XSD, and MBR Data Dictionary.
The test environment will be available to users that are eRegistered with the Commission. ERegistered users will be able to submit test XML submissions into the database, as well as create FERC generated IDs (GID) and Asset IDs. Please note that this is a test environment and that all submissions into the database – specifically XMLs and all created GIDs and Asset IDs – will not be part of the official record and will be cleared from the database before it officially goes live. The Commission will issue a notice prior to clearing the database, shortly before the database goes live. Further, as indicated in the final rule, the Commission intends to add features to this test environment periodically until complete. Interested parties should monitor this webpage to obtain notice of these new features.
The following deadlines will apply to market-based rate sellers and applicants:
Fall 2020 – Obtain GIDs for reportable entities that do not have CIDs or LEIs, and Asset IDs for reportable generation assets without an EIA code
February 1, 2021 – Informational baselines submissions based on current information are due.
- Sellers that have received market-based rate authority on or by December 31, 2020 must make a baseline submission into the relational database by close of business.
- Sellers that have filed for market-based rate authority, but have NOT received an order granting market-based rate authority as of January 1, 2021 must make a baseline submission into the relational database by close of business. However, when submitting their application, these sellers also must submit indicative screens and asset appendices as attachments to their filings through the eFiling system.
February 28, 2021 – Notices for any changes in status that take place between October 1, 2020 and December 31, 2020, are due. Thereafter, future notice of change in status obligations will align with the timeline used for EQRs as described in Ongoing Reporting Requirements section in the final rule.
Applicants seeking market-based rate authority on or after February 1, 2021 will be required to make a submission into the relational database prior to filing an initial market-based rate application.