Does FERC regulate natural gas?
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil.
What is a FERC gas tariff?
FERC Gas Tariff means the interstate pipeline tariff filed by a Transporter pursuant to FERC regulations and approved by FERC, as amended from time to time.
What is a FERC rate case?
Rate cases are set for hearing if proposed rates, terms and conditions have not been shown to be just and reasonable, and may be unjust, unreasonable, unduly discriminatory, or otherwise unlawful.
What is a natural gas tariff?
A utility tariff governs how an energy provider (electric or natural gas) charges the customer for their energy and natural gas usage. Electric and natural gas vendors must submit their tariffs to the government for approval. There are many different types of tariffs and they can range from 2-10 pages in length.
What is a Section 4 rate case?
These types of filings are referred to as general Section 4 rate cases. In these proceedings, the Commission reviews all of a pipelines rates and services. A pipeline can file a general Section 4 rate case anytime it wishes, provided the pipeline did not agree otherwise in a settlement.
What is a pipeline tariff?
Pipeline Tariff means the current transportation charges as outlined in the most current Tariff Bulletin as revised from time to time, issued by the Carrier.
How are pipeline rates set?
The rate index is calculated based on historical pipeline costs, not current costs, to determine future rates, which means that a pipeline operator is not guaranteed an opportunity to recover all of its costs.
Does FERC have jurisdiction in Canada?
The Federal Energy Regulatory Commission is a federal agency that regulates the interstate transmission of electricity, natural gas and oil. FERC oversees NERC in the United States, as do provincial governments in Canada.
Does NERC report to FERC?
NERC is the Electric Reliability Organization (ERO) for North America, subject to oversight by the Federal Energy Regulatory Commission (FERC) and governmental authorities in Canada. NERC’s jurisdiction includes users, owners, and operators of the bulk power system, which serves nearly 400 million people.
What is FERC compliance?
The Federal Energy Regulatory Commission (FERC or Commission) is an independent agency that regulates the transmission and wholesale sale of electricity and natural gas in interstate commerce, and regulates the transportation of oil by pipeline in interstate commerce.
What are pipeline tariffs?
Why is natural gas going up in price?
There are certainly other factors putting upward pressure on prices, including fears that Russian supply could decline in the future. But the price of oil, natural gas, and other vital fossil fuel commodities are today primarily set by energy traders, whose actions are stoking rising prices and volatility.
Who makes up FERC?
Our current commissioners are Chairman Richard Glick, Commissioner James Danly, Commissioner Allison Clements, Commissioner Mark C. Christie, and Commissioner Willie L. Phillips.
What is FERC jurisdiction?
● That is, FERC has exclusive jurisdiction over the “transmission of electric energy in. interstate commerce,” and over the “sale of electric energy at wholesale in interstate. commerce,” and over “all facilities for such transmission or sale of electric energy.“
Who owns Plantation Pipeline?
Plantation is owned in partnership by Kinder Morgan (51.2%) and ExxonMobil (48.8%).
How can I reduce my gas bill?
How to reduce a gas bill
- Review your energy bills.
- Don’t leave appliances on standby.
- Keep heating systems maintained.
- Replace an old boiler to reduce your gas bill.
- Turn down the water temperature.
- Invest in a smart thermostat.
- Lower your thermostat to reduce your gas bill.
- Make sure your home is well insulated.
What are the regulations for natural gas facilities?
Regulation of facility abandonment. Establishment of rates for services. Regulation of the transportation of natural gas as authorized by the NGPA (Natural Gas Policy Act) and the OCSLA (Outer Continental Shelf Lands Act).
How do I view a list of tariffs?
To view individual tariffs please visit the Public Tariff Viewer . For FAQ for how to access eTariff and how to view a complete list of tariffs please visit the eTariff viewer guide .
How do you regulate natural gas transportation?
Regulation of natural gas transportation in interstate commerce. Issuance of certificates of public convenience and necessity to prospective companies providing energy services or constructing and operating interstate pipelines and storage facilities. Regulation of facility abandonment. Establishment of rates for services.