SUBCHAPTER 41D - ENERGY POLICY ACT CREDIT BANKING AND SELLING PROGRAM

 

SECTION .0100 - GENERAL PROVISIONS

 

01 NCAC 41D .0101          PURPOSE AND ORGANIZATION

(a)  Pursuant to G.S. 143-58.4 the State Energy Office has established a credit banking and selling program to allow State departments, institutions, and agencies to use monies generated by the sale of EPAct credits to purchase alternative fuel, develop related refueling infrastructure and purchase alternative fuel vehicles.

(b)  Pursuant to G.S. 143-58.5, the State Energy Office has established an Alternative Fuel Revolving Fund generated from the sale of EPAct credits. These funds may to be used to purchase alternative fuel, develop related refueling infrastructure and purchase alternative fuel vehicles for use by State departments, institutions, and agencies.

 

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

Eff. May 1, 2007.