NAR account holders who wish to transfer their asset to another NAR account holder must inform the NAR administrator of this request. The email must contain the items listed below and confirmation on ownership of the RECs.
- The requester must cc the admin of the account who is receiving the generator transfer. The generator ID must be included on the email. All parties must consent to the generator transfer.
- All forward transfers need to be withdrawn. A new forward transfer can be set up once the generator has been redirected into the new account.
- All parties must determine who owns the RECs. If the RECs do not belong to the current owner of the generator, all RECs must be transferred over to the new owner before any generator transfer is executed. RECs do not get transferred with the generator.
Once the asset has been transferred to the new account holder, they will be responsible for filling in the asset registration since the project will be in "Need Info" status. After the asset registration is filled in and submitted, the asset should be in "Pending" status. Contact the NAR administrator for the asset to be approved.