Final report of the North Carolina Utilities Commission to the Study Commission on the Future of Electric Service in North Carolina and the Environmental Review Commission regarding investigation of voluntary "green" check-off program and other efforts to - Page 44 |
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REGULATORY APPROVAL Accreditation is only available to programs that have been approved by the appropriate regulatory or oversight body with jurisdiction over the program prior to the program’s nomination for Accreditation. ADDITIONAL ISSUES None. ELECTRIC INDUSTRY RESTRUCTURING The Stakeholders agree that this MOU is applicable while the electric industry in North Carolina retains its current structure. Parties agree that the criteria established here will be revisited in the event that industry restructuring becomes imminent in North Carolina. REGULATORY PROCEEDINGS The Stakeholders agree that while individual stakeholders may use regulatory proceedings to air grievances in an accepted manner, the voluntary Accreditation Program, its voluntary processes, and its voluntary governance shall never be the basis for an action in a regulatory proceeding. TERMINATION If any party to the MOU violates any portion of the MOU, all parties have an opportunity to terminate their participation in the MOU. Parties must inform all other parties, in writing, of the violation they believe has occurred and agree to act informally to resolve the dispute. If a resolution is not reached, any party may terminate its participation in the MOU by informing all other parties of their decision to discontinue participation in the MOU. CEASE & DESIST PARTICIPATION Once accredited, green pricing program providers with accredited programs found by CRS to be out of compliance with the terms of the Accreditation Program and its criteria, as outlined in this MOU, are at risk of having accreditation terminated. If a green pricing program provider is knowingly out of compliance or expects to be out of compliance, they should notify CRS immediately to enter a negotiation with the Board. If the green pricing program provider is knowingly out of compliance and does not notify CRS, the Board will notify the program provider that they have 15 days to respond in writing regarding the violation, after which the Board will determine whether their accreditation is terminated and need to immediately cease and desist their participation in the Accreditation Program, including removing references to the Accreditation Program from marketing materials or making any other public representations about a particular product’s participation in the Accreditation program. • See Attached “REGIONAL STAKEHOLDERS IDENTIFICATION FORM” for a complete list of organizations participating in the North Carolina Green Pricing Accreditation Stakeholders Group. October 31, 2002 5
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Title | Final report of the North Carolina Utilities Commission to the Study Commission on the Future of Electric Service in North Carolina and the Environmental Review Commission regarding investigation of voluntary "green" check-off program and other efforts to - Page 44 |
Full Text | REGULATORY APPROVAL Accreditation is only available to programs that have been approved by the appropriate regulatory or oversight body with jurisdiction over the program prior to the program’s nomination for Accreditation. ADDITIONAL ISSUES None. ELECTRIC INDUSTRY RESTRUCTURING The Stakeholders agree that this MOU is applicable while the electric industry in North Carolina retains its current structure. Parties agree that the criteria established here will be revisited in the event that industry restructuring becomes imminent in North Carolina. REGULATORY PROCEEDINGS The Stakeholders agree that while individual stakeholders may use regulatory proceedings to air grievances in an accepted manner, the voluntary Accreditation Program, its voluntary processes, and its voluntary governance shall never be the basis for an action in a regulatory proceeding. TERMINATION If any party to the MOU violates any portion of the MOU, all parties have an opportunity to terminate their participation in the MOU. Parties must inform all other parties, in writing, of the violation they believe has occurred and agree to act informally to resolve the dispute. If a resolution is not reached, any party may terminate its participation in the MOU by informing all other parties of their decision to discontinue participation in the MOU. CEASE & DESIST PARTICIPATION Once accredited, green pricing program providers with accredited programs found by CRS to be out of compliance with the terms of the Accreditation Program and its criteria, as outlined in this MOU, are at risk of having accreditation terminated. If a green pricing program provider is knowingly out of compliance or expects to be out of compliance, they should notify CRS immediately to enter a negotiation with the Board. If the green pricing program provider is knowingly out of compliance and does not notify CRS, the Board will notify the program provider that they have 15 days to respond in writing regarding the violation, after which the Board will determine whether their accreditation is terminated and need to immediately cease and desist their participation in the Accreditation Program, including removing references to the Accreditation Program from marketing materials or making any other public representations about a particular product’s participation in the Accreditation program. • See Attached “REGIONAL STAKEHOLDERS IDENTIFICATION FORM” for a complete list of organizations participating in the North Carolina Green Pricing Accreditation Stakeholders Group. October 31, 2002 5 |