FERC Says 'Keep Filing Those Papers' for Another Three Years
Published Date: 3/10/2026
Notice
Summary
The Federal Energy Regulatory Commission (FERC) is extending its current rules for how utility companies keep their records for another three years—no changes, just a continuation. This affects companies with market-based rate authorizations, who must keep their paperwork in order. If you want to share your thoughts, you’ve got until April 9, 2026, to speak up—no extra costs or new rules coming your way!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Five-Year Recordkeeping Cost for Sellers
If you are a seller with a market-based rate authorization, you must keep for five years the records used to bill prices for electric energy and price indices. FERC estimates 2,510 respondents will spend about 1 hour each per year (2,510 hours total) costing $90,360 in labor; add $15,600 in off-site storage costs for a total annual industry cost of $100,940 and an average cost of $40.22 per respondent. Comments on this collection are due April 9, 2026.
Three-Year Extension, No Rule Changes
FERC is extending the FERC-915 information collection for three years with no changes to the current record retention requirements. That means existing five-year record retention rules and current paperwork practices remain in place during the extension and no new compliance requirements are being added.
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Key Dates
Department and Agencies
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