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Water Agency Power Purchase Agreement
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Water Agency Power Purchase Agreement - attorney-drafted template. Party names and deal-specific details have been replaced with neutral placeholders. Review before use.
SUMMARY OF PPA PROVISIONS
1. RENEWABLE ENERGY SELLER
[COMPANY] (“Seller”)
2.RENEWABLE ENERGY SELLER
INFORMATION _____________________________
3. ENERGY PURCHASER [COMPANY] (“Buyer”)
4. ENERGY PURCHASER INFO ______________________________________
5. PREMISES Real property in the [COUNTY], [STATE], commonly known as the [COMPANY] Wastewater Treatment Plant (“[COMPANY] Wastewater Treatment Plant”)
6. RENEWABLE FUEL
COGENERATION SYSTEM: See Exhibit A.
7. COMMENCEMENT DATE Commercial Operation Date as certified by Seller.
8. INITIAL TERM 20 Years.
9. EXTENSION TERMS Extension Terms of five (5) years unless terminated by either Party not less than 365 days prior to expiration of Initial Term or Extension Term, or for Event of Default.
10. ENERGY PURCHASE 100% of Energy Output during the Initial Term
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Water Agency Power Purchase Agreement
Purchase Agreements -- US - General