• Order No. 652: Change in Status Reporting Requirement
  • November 29, 2005 | Authors: Amy S. Koch; Jennifer Lokenvitz Schwitzer
  • Law Firm: Patton Boggs LLP - Washington Office
  • On February 10, 2005, the Federal Energy Regulatory Commission ("FERC") issued Order No. 652, amending its regulations that establish reporting obligations for changes in status that apply to public utilities with market-based rate authorization ("MBR Authorization"). FERC also established guidelines concerning the types of events that trigger the change in status reporting requirement obligation and which modify the MBR Authorizations of current market-based rate sellers ("MBR Sellers" or "Sellers") to ensure that all such events are reported in a timely manner.