What is FERC
What is FERC?
The Federal Energy Regulatory Commission is an independent government agency, officially organized as part of the Department of Energy.
The purpose of the Commission is to protect the public and energy customers, ensuring that regulated energy companies are acting within the law.
FERC is responsible for:
The Commission is composed of five members, known as Commissioners, who:
Also, to prevent undue political influence, no more than three Commissioners may belong to the same political party.
The Commission recovers the full cost of its operations through annual charges and filing fees assessed on the industries it regulates as authorized by the Federal Power Act and the Omnibus Budget Reconciliation Act of 1986. The Commission deposits this revenue into the Treasury as a direct offset to its appropriation, resulting in no net appropriations. Congress exercises oversight over the Commission by holding hearings on energy related topics where the Commission offers testimony | Visit our Congressional Affairs Section
The Commission's headquarters is located at 888 First Street, NE, in Washington D.C. FERC also has regional offices in Atlanta, Chicago, New York, Portland, and San Francisco.