Power purchase agreements are agreements for the sale and purchase of electricity. Their basic terms include price, amount of electricity to be produced and purchased, measurement of electricity, point of delivery and transfer of title, and line losses. The agreement will define damages for breach of contract, and for new plants, will allocate risks for delays in construction. Renewable electricity power purchase agreements also typically include provisions for interconnection, allocation of other environmental attributes (such as renewable energy credits), and allocation of risks with respect to intermittency and qualification for tax credits. Power purchase agreements may also contain provisions for equipment leasing and financing and site lease (in cases in which the facility is located on the buyer’s land).

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SAMPLE DOCUMENTS
CREDP Power Purchase Agreement Template
US DOE Onshore Wind Power Purchase Agreement
Offshore Wind Power Purchase Agreement
Renewable Energy Power Purchase Agreement
Progress Energy Renewable Energy Power Purchase Agreement Documents
Calpine PowerAmerica Power Purchase Agreement Documents
Edison Electric Institute Master Power Purchase & Sale Agreement

OTHER RESOURCES
Windustry Community Wind Toolbox
 
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