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What information was required to be made available by Order 888?

  1. Rate schedules of electric energy

  2. Details on gas production

  3. Energy consumption data of households

  4. Production costs for energy companies

The correct answer is: Rate schedules of electric energy

Order 888 was issued by the Federal Energy Regulatory Commission (FERC) in 1996, primarily aimed at promoting competition in the wholesale electricity markets. One of the key requirements of Order 888 was for utilities to disclose their rate schedules for electric energy. This transparency in rate schedules is essential, as it allows consumers and other market participants to understand the pricing structures and conditions under which electricity is sold. By making this information available, Order 888 encourages competition, ensuring that prices reflect the true costs of providing electricity and ultimately benefiting consumers by allowing them to make informed choices. The other options, while related to energy regulation and consumption, were not specifically mandated by Order 888. The focus of the order was to enhance market transparency, and the disclosure of rate schedules directly supports that goal by providing necessary information for market participants.