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Private Wire Ppa

Private Wire Ppa Template for United States

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Key Requirements PROMPT example:

Private Wire Ppa

"Need a Private Wire PPA for a 5MW solar facility to be constructed on our manufacturing site in Texas, with commercial operations expected to begin in March 2025 and a 15-year term with fixed pricing structure."

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Document background
Private Wire PPAs have emerged as a crucial tool for organizations seeking dedicated power supply arrangements in the United States. These agreements enable direct electricity supply between generators and consumers, bypassing traditional utility networks. The Private Wire PPA structure is particularly valuable for businesses requiring reliable power supply, potentially at lower costs than grid-supplied electricity, while also supporting renewable energy goals. This agreement type must navigate both federal energy regulations and state-specific requirements, making it essential to carefully structure terms around pricing, delivery, and operational specifications.
Suggested Sections

1. Parties: Identification and details of the power generator and purchaser

2. Background: Context of the agreement, project overview, and key regulatory framework

3. Definitions: Key terms used throughout the agreement including technical and regulatory definitions

4. Sale and Purchase Obligations: Core obligations regarding power supply and purchase, including delivery points and volumes

5. Pricing and Payment Terms: Price structure, billing, and payment provisions including adjustments and taxes

6. Term and Termination: Duration of agreement, renewal options, and termination conditions

7. Metering and Testing: Requirements for measuring power delivery and testing procedures

8. Operating Procedures: Day-to-day operational requirements and procedures

9. Force Majeure: Provisions for unforeseen circumstances affecting performance

10. Insurance and Liability: Required insurance coverage and liability allocation

11. Dispute Resolution: Procedures for resolving disputes between parties

12. Governing Law: Applicable law and jurisdiction

Optional Sections

1. Construction and Commissioning: Required if facility not yet operational, including construction milestones and requirements

2. Interconnection Provisions: Details of grid connection requirements and responsibilities

3. Environmental Attributes: Treatment of renewable energy credits and environmental benefits

4. Change in Law Provisions: Procedures for addressing regulatory changes affecting the agreement

5. Security Requirements: Performance security and credit support obligations

Suggested Schedules

1. Schedule 1 - Facility Description: Technical specifications and description of the generation facility

2. Schedule 2 - Pricing Schedule: Detailed pricing mechanisms, calculations, and adjustment formulas

3. Schedule 3 - Testing Procedures: Detailed procedures for facility testing and performance verification

4. Schedule 4 - Performance Specifications: Required operational parameters and performance standards

5. Schedule 5 - Metering Specifications: Technical requirements for metering equipment and procedures

6. Schedule 6 - Operating Procedures: Detailed operating procedures and protocols

7. Schedule 7 - Interconnection Details: Technical specifications for grid connection

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Clauses






























Industries

Federal Power Act (FPA): Primary federal law governing the transmission and wholesale of electric power in interstate commerce

PURPA: Public Utility Regulatory Policies Act - Promotes energy conservation and greater use of domestic and renewable energy

FERC Regulations: Federal Energy Regulatory Commission rules governing interstate electricity transmission and wholesale power sales

Energy Policy Act: Comprehensive energy legislation addressing energy production, efficiency standards, and market regulations

State PUC Regulations: State Public Utility Commission rules governing utility operations, rates, and service standards within the state

State RPS: State Renewable Portfolio Standards setting requirements for renewable energy procurement

State Interconnection Requirements: Technical and operational standards for connecting power generation facilities to the grid

Clean Air Act: Federal law regulating air emissions and environmental impacts of power generation

NEPA: National Environmental Policy Act requiring environmental impact assessments for major projects

Property Rights Laws: State and local laws governing easements, right-of-way, and land use for power facilities

UCC: Uniform Commercial Code governing commercial transactions and contracts

Grid Codes: Technical standards and requirements for power system operation and connection

OSHA Requirements: Occupational Safety and Health Administration standards for workplace safety

Local Building Codes: Municipal regulations governing construction and installation of power facilities

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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