Bay State Gas Co. submitted the first-ever electronic filing to the Federal Energy Regulatory Commission in December. The commission announced its pursuit of electronic filing technologies in an initiative last year.
Transitioning from paper-based compliance publishing to an electronic solution may save the industry millions of dollars each year.
The utility, based in Westborough, Mass., filed its quarterly power cost adjustment using Electronic Submission Publishing Systems Inc.`s (ESPS) CoreDossier software solution. ESPS is a developer of enterprise software used to manage and publish regulatory compliance.
Filing electronically streamlines the entire regulatory process, said Andre Chon, industry applications director for ESPS. “Any regulatory filing-from this cost adjustment to an adjudicated rate case, to licensing and environmental requirements for nuclear or fossil generation plants-will be made far less painful for utilities, regulators and stakeholders alike.”