15A NCAC 01U .0404      Selling

(a)  The State Energy Office shall form a Credit Selling Work Group to determine the number of excess credits to be sold as follows:

(1)           The Credit Selling Work Group shall consist of:

(A)          the Department of Administration Motor Fleet Management designee;

(B)          the Department of Transportation Equipment Unit designee;

(C)          the State Energy Office designee; and

(D)          the Designees of other State agencies and institutions that generate EPAct credits; and

(2)           The Credit Selling Work Group shall determine the asking price for credits.

(b)  The State Office shall obtain approval from the Energy Policy Council prior to selling EPAct credits, pursuant to G.S. 113B-6(3).

(c)  The State Office shall sell EPAct credits in accordance with the provisions of the Energy Policy Act.

History Note:        Authority G.S. 143-58.4; 143-58.5;

Eff. May 1, 2007;

Readopted Eff. June 1, 2021;

Transferred from 01 NCAC 41D .0202 Eff. September 1, 2024.