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FERC Workshop on Transmission Formula Rate Processes - May 12, 2026

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Summary

The Federal Energy Regulatory Commission announced a staff workshop on electric transmission formula rate processes scheduled for May 12, 2026, from 9:00 a.m. to 12:30 p.m. Eastern Time. The workshop will cover formula rate mechanics, implementation protocols, annual updates, audit programs, common compliance issues, and regulatory accounting. The event will be held in hybrid format at FERC headquarters in Washington, DC, or virtually, with no attendance fee.

What changed

The Federal Energy Regulatory Commission issued a supplemental notice announcing a staff workshop on transmission formula rate processes for jurisdictional utilities and data users. The workshop will address six topics: formula rate mechanics, implementation protocols, annual updates, audit programs, common compliance issues, and regulatory accounting. The event is scheduled for May 12, 2026, from 9:00 a.m. to 12:30 p.m. Eastern Time in hybrid format.\n\nJurisdictional utilities, transmission formula rate data users, and other interested parties may attend in person at FERC headquarters in Washington, DC, or virtually without registration. While the workshop is informational and does not create binding obligations, attendees should note that sessions on audits and common compliance issues may provide insight into FERC enforcement priorities and expectations for formula rate filings.

What to do next

  1. Register for in-person attendance by May 11, 2026
  2. Monitor FERC Calendar of Events for virtual attendance links
  3. Review presentation slides to be posted prior to the workshop

Archived snapshot

Apr 8, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

Content

On March 19, 2026, the Federal Energy Regulatory Commission (Commission) issued a Notice that its staff will hold a workshop
related to the Commission's electric transmission formula rate processes on May 12, 2026. The workshop will take place from
9:00 a.m. to 12:30 p.m. Eastern Time.

The workshop will provide a forum for Commission staff, jurisdictional utilities, and transmission formula rate data users
to discuss: (1) an overview of the mechanics of transmission formula rates; (2) transmission formula rate implementation protocols;
(3) transmission formula rate annual updates; (4) the transmission formula rate audit program; (5) common compliance issues
in transmission formula rates; and (6) the Commission's regulatory accounting program. Attached to this Supplemental Notice
is an agenda for the workshop.

The workshop will take place in a hybrid format, with attendees allowed in person, at the Commission, 888 First Street NE,
Washington, DC 20426, or virtually. All interested persons are invited to participate, and there is no fee for attendance.
All in-person attendees must register. Virtual attendance does not require registration. Information on this workshop, including
the links for virtual attendance and for submitting questions online during the Q&A sessions of the workshop, will be posted
on the Calendar of Events on the Commission's website the morning of the event. The presentation slides will be posted to
the website prior to the workshop.

Attendees are encouraged to listen to and observe the presentations by Commission staff, after which, during the Q&A sessions,
in-person attendees may ask live questions and virtual attendees may submit written questions online.

This workshop will be accessible under section 508 of the Rehabilitation Act of 1973. For accessibility accommodations please
send an email to accessibility@ferc.gov or call toll free (866) 208-3372 (voice) or (202) 502-8659 (TTY), or send a fax to (202) 208-2106 with the required accommodations.

For more information about the workshop, please contact Ben Akintoye of the Commission's Office of Enforcement and Regulatory
Accounting at (202) 502-6497, or ben.akintoye@ferc.gov; or Bianca Hill of the Office of Energy Market Regulation at (202) 502-6032 or bianca.hill@ferc.gov.

Dated: April 2, 2026. Carlos D. Clay, Deputy Secretary.

Agenda

Transmission Formula Rate Processes

May 12, 2026

9:00 a.m.-9:10 a.m. Introduction and Logistics

9:10 a.m.-9:30 a.m. Overview of Transmission Formula Rates

  • Comparison of stated and formula rates
  • Functionalization, classification, and allocation of cost and revenues
  • Q&A
    9:30 a.m.-9:55 a.m. Transmission Formula Rate Implementation Protocols

  • Protocols standards: transparency, scope, and ability to challenge

  • Q&A
    9:55 a.m.-10:30 a.m. Annual Updates

  • Filing requirements

  • Common deficiencies

  • Q&A
    10:30 a.m.-10:45 a.m. Break

10:45 a.m.-11:30 a.m. Transmission Formula Rate Audits

  • Audit program
  • Audit process
  • Q&A
    11:30 a.m.-12:00 p.m. Common Compliance Issues Identified in Transmission Formula Rate Audits

  • Common audit findings

  • Remedies

  • Audit resources

  • Q&A
    12:00 p.m.-12:25 p.m. Regulatory Accounting

  • Overview of regulatory accounting

  • How to correspond with the Regulatory Accounting Branch in the Commission's Office of Enforcement & Regulatory Accounting

  • Accounting resources

  • Q&A
    12:25 p.m.-12:30 p.m. Closing Remarks

[FR Doc. 2026-06701 Filed 4-6-26; 8:45 am] BILLING CODE 6717-01-P

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Last updated

Classification

Agency
FERC
Published
April 2nd, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
Docket No. FERC-2026-1954
Docket
FERC-2026-1954

Who this affects

Applies to
Energy companies Government agencies Investors
Industry sector
2210 Electric Utilities
Activity scope
Rate setting Regulatory compliance Utility filings
Geographic scope
United States US

Taxonomy

Primary area
Energy
Operational domain
Compliance
Topics
Financial Services Regulatory Affairs

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