Tenn. Comp. R. & Regs. 0400-60-01-.04 - STATE SET-ASIDE VOLUME
(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.
Notes
Authority: T.C.A. ยงยง 4-3-510 through 4-3-515, 4-5-201 et seq., 11-1-101, and Governor Haslam's Executive Order Number 25.
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