For Citizens About FERC
Mission
The Federal Energy Regulatory Commission regulates and oversees
energy industries in the economic and environmental interest
of the American public.
Vision
Abundant, reliable energy in a fair competitive market.
Values
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Employees – People are our most valued asset. We
provide the support needed for all employees to excel.
Integrity – We maintain the highest level of professionalism and an environment of fairness, trust, respect and honesty.
Diversity – We value diversity in people and ideas.
Working Together – We clearly communicate expectations, encourage cooperation and teamwork, and share responsibility.
Progress and Innovation – We are creative and flexible, and seek out opportunities to improve.
Action – Prompt and fair resolution of matters before the Commission is essential to our mission.
Reaching Out – Two-way communication with the public is key to our effectiveness.
Public Service – Our ultimate objective is to provide valued services to the public.
What FERC Does | What FERC Does NOT Do |
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FERC is an independent agency that regulates the interstate transmission of natural gas, oil, and electricity. FERC also regulates natural gas and hydropower projects. Economic Regulation
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Areas considered outside of FERC's jurisdiction are: Economic Regulation
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How the Commission is Appointed
The Federal Energy Regulatory Commission is composed of five
commissioners who are appointed by the President of the United
States with the advice and consent of the Senate. Commissioners
serve five-year terms, and have an equal vote on regulatory
matters.
To avoid any undue political influence or pressure, no more
than three commissioners may belong to the same political party.
There is no review of FERC decisions by the President or Congress,
maintaining FERC's independence as a regulatory agency, and
providing for fair and unbiased decisions. The Commission is
funded through costs recovered by the fees and annual charges
from the industries it regulates.
One member of the Commission is designated by the President
to serve as Chair and FERC's administrative head.