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This Power Purchase Agreement is between the Philadelphia Energy Authority as Purchaser and the Seller for the purchase of renewable energy and related credits, outlining terms, conditions, obligations, and rights of both parties.

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What is power purchase agreement?

A power purchase agreement (PPA) is a contract between a power producer and a purchaser, typically a utility or large energy user, outlining the terms for the sale of electricity generated by a specific energy project.

Who is required to file power purchase agreement?

Entities involved in the sale and purchase of electricity, such as energy producers, utilities, and large commercial consumers, are typically required to file a power purchase agreement.

How to fill out power purchase agreement?

To fill out a power purchase agreement, parties need to include details such as the identification of the seller and buyer, description of the project, pricing structure, terms of service, delivery schedule, and conditions for termination.

What is the purpose of power purchase agreement?

The purpose of a power purchase agreement is to provide a legally binding framework for the sale of electricity, ensuring certainty in pricing and delivery for both the power producer and the purchaser.

What information must be reported on power purchase agreement?

A power purchase agreement must report information such as the parties involved, project details, pricing terms, payment schedules, contract duration, and responsibilities of each party.

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