What is FERC in charge of?
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil. FERC also reviews proposals to build liquefied natural gas (LNG) terminals and interstate natural gas pipelines as well as licensing hydropower projects.
Is the FERC a good place to work?
In 2020, FERC ranked #3 among mid-sized agencies in the Best Places to Work rankings by the Partnership for Public Service! FERC also remains #1 in Work-Life Balance for the seventh consecutive year in a row!
What agency is FERC under?
the Department of Energy
The Federal Energy Regulatory Commission (FERC) is an independent agency within the Department of Energy which regulates the interstate transmission of electricity, natural gas, and oil.
How is FERC structured?
FERC is composed of five commissioners who are nominated by the U.S. president and confirmed by the U.S. Senate. There may be no more than three commissioners of one political party serving on the commission at any given time.
Where does FERC have jurisdiction?
While FERC has jurisdiction over hydropower projects, FERC has no authority over the construction or maintenance of power generating plants and has significant limited jurisdiction over transmission line siting.
How many employees does FERC have?
What is FERC’s current budget and how many employees does it have? FERC’s FY 2019 approved budget level was $369.9 million and 1,465 full time equivalents (FTEs).
What is FERC approval?
FERC does approve interstate wholesale electric transmission sales and tariffs that may encourage companies to build transmission lines.
Why was FERC created?
When FERC was established in 1977 as a replacement for the Federal Power Commission, its mandate was to determine whether wholesale electricity prices were unjust and unreasonable and, if so, to regulate pricing and order refunds for overcharges to ratepayers.
Does FERC regulate solar farms?
The Federal Energy Regulatory Commission (FERC), an independent agency that regulates power markets. The Solar Energy Technologies Office, which oversees the solar-related programs and activities at the U.S. Department of Energy (DOE).