FERC Wants Three More Years of Utility-Bank Disclosure Forms
Published Date: 7/7/2026
Notice
Summary
FERC is asking for public feedback to keep collecting info on utility company leaders who also work with big banks, insurers, and major electricity buyers. This annual report helps keep things transparent and fair in the energy world. Comments are due by September 8, 2026, and there’s no new cost or big changes—just an extension of the current process.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Annual FERC-561 Filing Continues
If you are an officer or director of a public utility who also holds positions with financial institutions, insurance companies, electric equipment or fuel suppliers, or with any of an electric utility's 20 largest purchasers, you must continue to file the FERC Form 561 (OMB Control No. 1902-0099) each year. FERC estimates 2,700 respondents file one report each, at an average burden of 0.25 hours and $25.50 per respondent, totaling 675 hours and $68,850 in annual cost.
Public Disclosure of Interlocks
FERC will continue to use the Form 561 data to identify persons holding interlocking positions between public utilities and other entities and to identify possible conflicts of interest, and the Paperwork Reduction Act/FPA directive requires that the reported information be made available to the public.
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Key Dates
Department and Agencies
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