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Power Supply Agreements are essential contracts in Hong Kong's electricity market, where two main utility companies operate under government oversight. These agreements are used when establishing a formal relationship between a power supplier and a customer requiring significant electrical supply, typically for commercial or industrial purposes. The Power Supply Agreement includes detailed technical specifications, pricing structures, and operational requirements, all compliant with Hong Kong's regulatory framework, including the Electricity Ordinance and relevant environmental regulations. The document is particularly important for businesses with substantial power needs or specific requirements for power quality and reliability, and it must align with Hong Kong's Scheme of Control Agreements that govern the power companies' operations.

1. Parties: Identification of the power supplier and customer, including full legal names and registration details

2. Background: Context of the agreement, including premises location and purpose of power supply

3. Definitions: Defined terms used throughout the agreement, including technical and regulatory terminology

4. Supply Obligations: Core obligations of the supplier regarding power provision, including quantity, quality, and reliability standards

5. Connection and Delivery Point: Specifications of where and how power will be delivered, including metering arrangements

6. Pricing and Payment Terms: Tariff structure, billing procedures, payment terms, and price adjustment mechanisms

7. Security and Credit Support: Requirements for security deposits or other credit support arrangements

8. Maintenance and Access: Rights and obligations regarding maintenance of equipment and access to premises

9. Force Majeure: Provisions dealing with events beyond parties' control affecting supply

10. Term and Termination: Duration of agreement, renewal provisions, and termination rights

11. Liability and Indemnification: Allocation of risks and responsibilities between parties

12. Regulatory Compliance: Obligations to comply with relevant Hong Kong regulations and standards

13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law

14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment