Practical Law Glossary Item 6-508-1007 (Approx. 3 pages)
Glossary
Federal Energy Regulatory Commission (FERC)
An independent federal agency within the Department of Energy established in 1977 pursuant to the Department of Energy Organization Act. FERC, among other things:
FERC is comprised of five presidentially appointed commissioners and derives its regulatory authority from several statutes, including the Energy Policy Act of 2005.