Below are the different NC-RETS account types and functionality available for each account type:
- General Account
- This type of account can register projects and have certificates issued to it for its projects. (Before creating certificates in NC-RETS, a Renewable Energy Facility must first register with the NCUC).
- A General Account can hold, transfer, and retire certificates (for reasons other than compliance with NC’s Portfolio Standard).
- North Carolina Electric Power Supplier
- This type of account can hold, transfer (outgoing and incoming), and retire certificates.
- A North Carolina Electric Power Supplier account can also register and maintain projects and have certificates issued to it for its projects, including energy efficiency and demand side management programs.
- A North Carolina Electric Power Supplier account is the only type of account that can retire certificates for compliance with NC’s Portfolio Standard.
- An organization that provides compliance services for another Electric Power Supplier (EPS) is called a Utility Compliance Aggregator.
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- Only Electric Power Suppliers and Utility Compliance Aggregators are eligible to establish a North Carolina Electric Power Supplier Account.
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- Qualified Reporting Entity:
- An Account Holder with a QRE Account is assigned to a project and is responsible for providing energy production information such as monthly meter readings for that project.
- A QRE account cannot hold certificates.
- The QRE uses its NC-RETS Account to upload meter reads or monthly settlement data for each project to which it is assigned.
- An Electric Power Supplier should have a QRE account if it reads the production meter for Renewable Energy Facilities, or if it is a Balancing Authority
- Qualified Reporting Entities must be either a Balancing Authorities, Electric Power Suppliers, a federal power agency or a municipal power agency.
- Program Auditor
- This type of account will allow Commission and Public Staff to perform compliance review and auditing of program data as needed.