Business & Commerce

FERC Seeks Public Comment on Natural Gas Reporting and Price Index Data Collections (FERC-552, FERC-549E)

🇺🇸United States··Notice·Low Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

The Federal Energy Regulatory Commission (FERC) is conducting a consolidated comment request under the Paperwork Reduction Act of 1995 (44 U.S.C. 3506(c)(2)(A)) to renew two existing, approved information collections: FERC-552 (Annual Report of Natural Gas Transactions) and FERC-549E (Price Index Data Providers and Developers). This notice represents the standard 30-day public comment window following an earlier 60-day notice period. FERC-552 requires natural gas companies to annually report transaction data, providing the Commission with market transparency on gas trading activity. FERC-549E requires entities that develop or provide price index data for natural gas and electricity markets to submit information enabling FERC to monitor the integrity of those indexes. Critically, the Commission is not proposing any changes to the existing requirements for either collection — this is a routine Paperwork Reduction Act renewal to maintain OMB authorization for continued data collection. One public comment was received during the prior 60-day notice period. Stakeholders — including natural gas companies, price index publishers, and energy market participants — may submit comments on the necessity, accuracy, or burden of these information collections before the 30-day comment window closes.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • No substantive changes to FERC-552 (Annual Report of Natural Gas Transactions) requirements
  • No substantive changes to FERC-549E (Price Index Data Providers and Developers) requirements
  • 30-day public comment window now open following the prior 60-day notice period

+ 3 more changes with Pro

Obligations

What this law requires

high

Natural gas companies must annually submit transaction data to FERC via the FERC-552 form reporting on natural gas trading activity

Natural gas companies engaged in trading transactions
reporting
high

Entities that develop or provide price index data for natural gas and electricity markets must submit information to FERC enabling monitoring of index integrity via FERC-549E

Price index developers and providers for natural gas and electricity markets
reporting
low

Stakeholders may submit public comments on the necessity, accuracy, or burden of FERC-552 and FERC-549E information collections within the 30-day comment window

Natural gas companies, price index publishers, and energy market participants (optional)
disclosure

Affected Parties

Natural gas pipeline companies and marketing affiliates subject to FERC jurisdictionPrice index publishers and data developers for natural gas and electricity markets+3 more…

Tags

FERC,natural gas,price index