FERC Regulatory Reporting on SAP®

Electric and gas utilities of all sizes must comply with the Uniform System of Accounts from the Federal Energy Regulatory Commission (FERC) or the National Association of Utility Regulatory Commissioners (NARUC). As government reemphasizes regulatory oversight, utilities are facing increasingly stringent compliance requirements; this trend is likely to continue in the future, necessitating even greater accountability on the part of utility companies.

HPC America helps utilities to reduce the typical challenges of FERC compliance, such that filing reports and responding to data requests becomes a non-issue rather than the major chore it currently is for many.

Key Challenges of FERC Compliance

  • Submitting FERC Forms 1 (electric) and 2 (gas) correctly
  • Submitting FERC Form 60 for Services Companies
  • Complying with operations and maintenance accounts for the Uniform System of Accounts (UsoA) per Code of Federal Regulation (CFR) Title 18
  • Complying without cumbersome, error-prone processes to derive regulatory accounts
  • Having enough account detail for a strong position in cost of service rate cases
  • Avoiding audit issues with regulatory authorities at the FERC, state PUC offices, and local municipal governing boards

How HPC America Simplifies FERC Compliance

Contact Us

To discuss your SAP FERC reporting needs, please contact us online or call (925) 831-4765.