FERC Decade Drop: 2011-2021
In December 2021, all regulated energy companies will be required to file their quarterly and annual FERC forms in a structured data format, replacing Microsoft Visual FoxPro and old-fashioned PDFs. That means going forward, every financial number, every operational metric, from every form, will all be at your fingertips. Better yet, the FERC has migrated all of the forms from 2011 to the present to the new data format, to be released all at once, an event we’re calling the FERC Decade Drop.
HData (Techstars Alabama EnergyTech 2021), through their FERC Pro product, is the only commercially available platform that will allow users access to the comprehensive, industry-wide data which, up until now, has not been available anywhere else. For the first time ever, you can track your finances against your past and against your peers. You can run predictive analytics to find new opportunities. You can set up data visualizations that automatically change whenever the numbers do. FERC Pro’s Data Hub is the only solution to bring you instant access to everything in the Decade Drop. We turn this data into actionable business intelligence. That means you can stop collecting data and start making decisions.
For every utility and every pipeline, FERC Pro automatically calculates metrics and Key Performance Indicators to give you a comprehensive view of your own business and everyone else’s. And since every number reported in FERC forms is individually searchable, downloadable, and clickable, you can even calculate your own formulas.
Aggregate historical data from 2011, and data from every new FERC form filed, will be available in near real time to FERC Pro customers. For more information about FERC Pro, or the Decade Drop, visit http://hdata.us.