Company Directory - Federal Energy Regulatory Commission
Company Details - Federal Energy Regulatory Commission
Federal Energy Regulatory Commission
WebsiteAn independent agency of the United States that regulates the interstate transmission of electricity, natural gas, and oil.
CCI Score
CCI Score: Federal Energy Regulatory Commission
48.94
-0.03%
Latest Event
FERC Defends Independence Amid Trump’s Authoritarian Proposals
Amid President-elect Donald Trump's proposals to assert direct White House control over independent agencies and potential defunding efforts, FERC leadership, led by Chair Willie Phillips, reaffirmed the agency's commitment to stable, nonpartisan regulation of energy markets.
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Federal Energy Regulatory Commission is currently rated as a Leader.
Latest Events
- DEC102024
Amid President-elect Donald Trump's proposals to assert direct White House control over independent agencies and potential defunding efforts, FERC leadership, led by Chair Willie Phillips, reaffirmed the agency's commitment to stable, nonpartisan regulation of energy markets.
+70
Public and Political Behavior
April 6
Federal Energy Regulatory Commission (FERC) is portrayed as a bulwark against authoritarian interference. Despite external pressure from Trump’s administration to subject independent agencies to direct presidential oversight and potential defunding, FERC leadership emphasizes its commitment to nonpartisan, stable regulation. This public stance is a positive step in resisting authoritarian tendencies and protecting democratic oversight over energy regulation.
Trump wants agencies on a short leash. What does that mean for FERC?
- SEP192024
FERC proposed new rules directing NERC to require entities to identify, assess, and mitigate cybersecurity risks in their supply chains and to extend internal network security monitoring. The proposals aim to strengthen the reliability of the bulk-power system by addressing vulnerabilities in grid-related cybersecurity systems.
+70
Supply Chain Ethics
April 6
By mandating that NERC require companies to identify and manage their supply chain cybersecurity risks, FERC promotes transparency and accountability in how critical infrastructure is protected. This initiative supports ethical practices in supply chain management and helps prevent exploitation of vulnerabilities that authoritarian or malicious actors might otherwise exploit.
FERC Acts to Improve Reliability by Closing Supply Chain Cyber Risk Management Gaps
+60
Technology and Services Impact
April 6
FERC's proposal to enhance internal network security monitoring and update CIP reliability standards reflects a proactive approach to strengthening technological defenses. This action minimizes the risk of cyber intrusions targeting critical infrastructure, aligning with broader efforts to safeguard societal functions against potential authoritarian misuse of technology.
FERC Acts to Improve Reliability by Closing Supply Chain Cyber Risk Management Gaps
- AUG022023
Legislation introduced by Rep. Kathy Castor directs FERC to prohibit utilities from passing political expenses—including lobbying, advertising, and related activities—onto ratepayers. The move, which comes amid a series of scandals in the utility industry, aims to enhance transparency and hold utilities accountable by ensuring that ratepayer dollars are not used to fund corporate political activities.
+80
Public and Political Behavior
April 6
This legislation directs FERC to curb the political spending practices of utilities—measures that undercut corporate overreach in electoral processes. By preventing the recovery of political expenses from ratepayers, it safeguards democratic accountability and reduces the potential for utilities to indirectly fund authoritarian practices.
+50
Business Practices and Ethical Responsibility
April 6
The directive forces utilities to adopt more transparent and ethical accounting practices regarding political activities by clearly segregating political expenses from recoverable charges to ratepayers. This development promotes fair business practices and reduces the unethical cross-subsidization that often privileges politically influential interests over consumer protection.
- MAR162023
On March 16, 2023, FERC approved Reliability Standard CIP-003-9 during an open meeting, mandating updated cybersecurity measures focused on vendor electronic remote access controls to mitigate supply chain risks for low-impact BES cyber systems.
+20
Public and Political Behavior
April 6
FERC’s transparent decision-making in an open meeting exemplifies responsible public and political behavior. The approval of updated cybersecurity standards supports improved regulatory oversight and public safety, demonstrating accountability that aligns with progressive objectives.
FERC Approves New Cybersecurity Standards for Low-Impact Electric Assets
+40
Technology and Services Impact
April 6
The updated cybersecurity standard targets technological vulnerabilities in the nation’s bulk electric system. By ensuring robust vendor electronic remote access controls and enhancing supply chain risk management, this measure significantly contributes to the resiliency of critical infrastructure, countering potential cyber threats that can be exploited by authoritarian forces.
FERC Approves New Cybersecurity Standards for Low-Impact Electric Assets
- MAR162023
FERC approved a new cybersecurity standard extending supply chain risk management requirements to low-impact bulk electric system cyber systems, aiming to mitigate coordinated supply chain attacks and enhance grid security. The standard takes effect on April 1, 2026.
+70
Public and Political Behavior
April 6
FERC’s proactive regulatory decision to extend cybersecurity standards addresses critical vulnerabilities in the energy grid. By safeguarding low-impact assets against potential coordinated attacks, the action enhances public safety and infrastructure resilience, thereby resisting potential authoritarian exploitation of vital services.
FERC expands cybersecurity supply chain standards to low-impact assets
+50
Technology and Services Impact
April 6
The updated cybersecurity requirements enhance the technological security framework of the bulk power system. By mitigating supply chain vulnerabilities on low-impact assets, FERC’s measure supports robust defense mechanisms against disruptive cyber threats, aligning with progressive efforts to protect critical infrastructure.
FERC expands cybersecurity supply chain standards to low-impact assets
- DEC172021
FERC has initiated a 60‐day public inquiry into amending its Uniform System of Accounts to prevent electric and gas utilities from passing on expenses related to lobbying and political activities to ratepayers. This inquiry, sparked by advocacy from environmental and consumer groups, aims to increase transparency and ensure that customers are not inadvertently funding political and dark money activities.
+70
Public and Political Behavior
April 6
FERC's inquiry into revising accounting rules to block the recovery of political and lobbying expenses by utilities is a significant move towards increasing governmental and corporate transparency. By potentially preventing ratepayers from funding political activities indirectly, this action supports democratic accountability and serves as a check against dark money in politics, which aligns with anti-authoritarian principles.
FERC eyes rule changes to prevent utilities from charging ratepayers for political expenses
- DEC152021
Following pressure from 14 states and related regulatory bodies, FERC issued a notice of inquiry in December to examine whether its accounting rules should be revised to prevent utilities from recovering expenses tied to political and lobbying activities. This step aims to enhance transparency and ensure that ratepayers are not improperly charged for costs associated with political spending.
+50
Public and Political Behavior
April 6
The proactive review of accounting rules by FERC represents a positive move to increase transparency in how utilities can recover expenses. By addressing concerns that utility trade association dues may conceal lobbying costs, FERC is aligning its practices to protect ratepayers and uphold democratic accountability. This action counters potential corporate overreach in political spending and is supportive of anti-authoritarian and public interest values.
- JUN242021
On June 24, 2021, U.S. senators including Sheldon Whitehouse, Ed Markey, and others sent a letter urging FERC to amend the Uniform System of Accounts. The proposed rulemaking aims to prohibit utility companies from charging customers fees that fund industry trade association dues, which are used to support political lobbying—activities that may undermine environmental protections and democratic accountability.
+70
Public and Political Behavior
April 6
The senators’ call for FERC to reclassify industry association fees as non-recoverable is a proactive measure to safeguard ratepayers and promote transparency in utility accounting practices. Such a move addresses concerns about funds being diverted to support political lobbying by groups with questionable ethics, thus countering practices that could contribute to authoritarian and anti-environment policies.
Senators Urge FERC to Stop Utility Companies from Charging Customers for Polluter Lobbying
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Industries
- 922160
- Fire Protection
- 926120
- Regulation and Administration of Transportation Programs
- 926130
- Regulation and Administration of Communications, Electric, Gas, and Other Utilities