[Code of Federal Regulations]
[Title 10, Volume 3]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 10CFR490.307]

[Page 524]
 
                            TITLE 10--ENERGY
 
                    CHAPTER II--DEPARTMENT OF ENERGY
 
PART 490_ALTERNATIVE FUEL TRANSPORTATION PROGRAM--Table of Contents
 
     Subpart D_Alternative Fuel Provider Vehicle Acquisition Mandate
 
Sec. 490.307  Option for Electric Utilities.

    (a) A covered person or its affiliate, division, or business unit, 
whose principal business is generating, transmitting, importing, or 
selling, at wholesale or retail, electricity has the option of delaying 
the vehicle acquisition mandate schedule in section 490.302 until 
January 1, 1998, if the covered person intends to comply with this 
regulation by acquiring electric motor vehicles.
    (b) If a covered person or its affiliate, division, or business 
unit, whose principal business is generating, transmitting, importing, 
or selling at wholesale or retail electricity has notified the 
Department as required by the Act, of its intent to acquire electric 
motor vehicles, the following percentages of new light duty motor 
vehicles acquired shall be alternative fueled vehicles for the following 
time periods:
    (1) 30 percent from January 1, 1998 to August 31, 1998.
    (2) 50 percent for model year 1999.
    (3) 70 percent for model year 2000.
    (4) 90 percent for model year 2001 and thereafter.
    (c) Any covered person or its affiliate, division, or business unit, 
that chooses the option provided by this section may apply for an 
exemption from the vehicle acquisition mandate in accordance with 
section 490.308 of this regulation.
    (d) Any covered person or its affiliate, division, or business unit, 
that chooses to rescind its election of the option provided in this 
section shall be required, unless otherwise exempt, to acquire 
alternative fueled vehicles in accordance with the vehicle acquisition 
schedule in section 490.302.