The Federal Energy Regulatory Commission (FERC) published a Notice of Proposed Rulemaking on Revisions to the Filing Process and Data Collection for the Electric Quarterly Report (EQR). The rule proposes changes to current Electric Quarterly Report (EQR) filing requirements including the method of collection and the data being collected with a goal to update the data collection, improve data quality, increase market transparency, decrease costs over time of preparing the necessary data for submission, and streamline compliance with any future filing requirements.
The rule also proposes to implement a new collection method for EQR reporting based on the eXtensible Business Reporting Language-Comma-Separated Values standard (XBRL-CSV). Comments to this proposal will be due 60 days after its publication in the Federal Register.