Rules & Regulations of the State of Tennessee
Title 0400 - Environment and Conservation
Subtitle 0400-60 - Office of Energy Programs
Chapter 0400-60-01 - State Set-Aside Program (Transferred from 0500-03-01)
Section 0400-60-01-.04 - STATE SET-ASIDE VOLUME

Universal Citation: TN Comp Rules and Regs 0400-60-01-.04

Current through September 24, 2024

(1) The Office of Energy Programs shall notify each prime supplier of the monthly set-aside percentage applicable to each product in the Set-Aside Program. The percentage remains constant until further notification.

(2) A prime supplier shall inform the Office of Energy Programs on or before the 20th day of each month of the estimated volume of each petroleum product to be delivered into Tennessee for consumption within the state during the following month.

(3) The set-aside volume available to the Office of Energy Programs for a particular month is calculated by multiplying the set-aside percentage by each prime supplier's total supply of each petroleum product for that month.

(4) Upon a determination by the Office of Energy Programs that after serving all qualified applicants an excess amount of petroleum product remains in the state set-aside, a statewide release may be made to any or all suppliers.

Authority: T.C.A. §§ 4-3-510 through 4-3-515, 4-5-201 et seq., 11-1-101, and Governor Haslam's Executive Order Number 25.

Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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