01 NCAC 41C .0209         REPORTS

Reports shall be submitted by the borrower as follows:

(1)           progress reports shall be submitted quarterly to the State Energy Office during the period of implementation or while installation is in progress and shall include a description of:

(a)           the current status;

(b)           any problems; and

(c)           a forecast of expectations or deviations from the Technical Analysis, prepared in accordance with Rule .0303 of this Subchapter.

(2)           a final report certified by the Technical Analyst shall be submitted to the State Energy Office upon completion of the project. The report shall include a description of:

(a)           the measures implemented;

(b)           the actual cost of each measure; and

(c)           the adjusted estimated payback, based on the actual cost.

History Note:        Authority G.S. 143B-344.44(b)(3); 143B-344.44(b)(4);

Eff. September 1, 2004;

Readopted Eff. June 1, 2021.