9 Apr 2025
⚡FERC Form No. 60 Filing Process Updates Announced
Revisions to the Filing Process for Commission Forms; Notice of FERC Form No. 60 Taxonomy Update
Summary
The Department of Energy and the Federal Energy Regulatory Commission announce updates to the FERC Form No. 60 filing process, restoring necessary XBRL taxonomies to Version 2024-04-01 and making it a requirement for the upcoming filing due on May 1, 2025. Changes regarding Version 2025-04-01 will be implemented for future filings.
Agencies
- Energy Department
- Federal Energy Regulatory Commission
Business Impact
$$ - Med
The regulatory notice concerning the FERC Form No. 60 filing process directly impacts compliance requirements for businesses in the energy sector, necessitating adherence to updated taxonomies and validation rules. Failure to comply may result in penalties or issues with filings submitted after the due date of May 1, 2025.