TITLE 35: ENVIRONMENTAL PROTECTION
SUBTITLE B: AIR POLLUTION
CHAPTER II: ENVIRONMENTAL PROTECTION AGENCY
PART 273 NOx TRADING PROGRAM PROCEDURES
SECTION 273.170 DISBURSEMENT OF PROCEEDS OF NSSA SALES


 

Section 273.170  Disbursement of Proceeds of NSSA Sales

 

a)         After the Agency has recouped the reasonable costs incurred by the Agency in the administration of the NOx Interstate Trading Program, it shall disburse the proceeds of the sale of the NOx allowances from the NSSA, to the extent that proceeds remain, pro-rata to the owners or operators of the EGUs or Non-EGUs, as applicable, that received allowances from the Agency but not from the Agency's NSSA for EGUs or Non-EGUs.

 

b)         The Agency shall annually notify each eligible source of the Agency's calculation of the source's pro-rata share of the proceeds from the sale of allowances from the NSSA, if applicable, and shall post this information on the Agency's website.  The Agency shall allow at least five business days for sources to provide written comments and shall provide a brief response to comments on the Agency's website.  Once an allocation of proceeds has been made, it is final and there will be no adjustments.