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An Energy Purchase Agreement sets out the terms for buying and selling electricity between a power producer and a buyer in Hong Kong. These long-term contracts typically involve renewable energy sources like solar panels or wind farms, though they can also cover traditional power generation.

Under Hong Kong's Feed-in Tariff scheme, these agreements let businesses and property owners sell surplus renewable energy back to power companies like CLP and HK Electric. The contract spells out important details like pricing, delivery schedules, and performance guarantees - giving both sides clear rights and responsibilities while supporting the city's clean energy goals.

Consider using an Energy Purchase Agreement when your Hong Kong business wants to secure a long-term, reliable power supply at predictable rates. This contract proves especially valuable for companies planning major renewable energy investments, like installing rooftop solar panels or joining a wind farm project.

The agreement becomes essential when participating in Hong Kong's Feed-in Tariff scheme, where you can sell excess renewable energy back to utility companies. It's particularly important for large commercial buildings, industrial facilities, and property developers who need to lock in energy costs and create additional revenue streams from their green energy investments.

• Power Purchase Agreement Solar: Specifically designed for solar energy projects, covering panel installation, maintenance, and feed-in tariff arrangements with Hong Kong utilities.
• Onsite Generation EPAs: Used when power is generated and consumed at the same location, like rooftop solar installations on commercial buildings.
• Virtual EPAs: Allow businesses to buy renewable energy from off-site facilities while maintaining their existing utility connection.
• Wholesale Market EPAs: Structured for large-scale power producers selling directly into Hong Kong's electricity market.

• Power Companies: Hong Kong's major utilities like CLP and HK Electric act as buyers, committing to purchase renewable energy from generators under Feed-in Tariff schemes.
• Property Developers: Large-scale commercial and residential developers who integrate renewable energy systems into their projects and sell excess power.
• Energy Producers: Independent power producers or renewable energy companies operating solar farms, wind installations, or other generation facilities.
• Legal Counsel: Corporate lawyers and energy specialists who draft and review Energy Purchase Agreements to ensure compliance with Hong Kong regulations.
• Building Owners: Commercial property owners who install renewable energy systems and enter agreements to sell surplus power.

• Project Details: Gather specifics about the energy generation facility, including type, capacity, location, and expected output levels.
• Technical Specifications: Document connection requirements, metering arrangements, and maintenance schedules aligned with Hong Kong utility standards.
• Pricing Structure: Calculate rates, including Feed-in Tariff rates if applicable, payment terms, and any adjustment mechanisms.
• Regulatory Compliance: Confirm all necessary permits and approvals from Hong Kong's electrical and building authorities.
• Performance Metrics: Define minimum generation requirements, availability guarantees, and quality standards for the power supplied.
• Contract Duration: Determine the agreement length and any extension or early termination provisions.

• Party Information: Full legal names, addresses, and registration details of both power producer and purchaser.
• Facility Details: Specifications of the energy generation system, including location, capacity, and connection points.
• Pricing Terms: Clear rate structure, payment schedules, and any Feed-in Tariff arrangements with Hong Kong utilities.
• Performance Standards: Minimum output requirements, quality specifications, and measurement protocols.
• Risk Allocation: Force majeure provisions, liability limits, and insurance requirements under Hong Kong law.
• Termination Rights: Conditions for early termination, notice periods, and consequences of default.
• Dispute Resolution: Hong Kong jurisdiction clause and agreed arbitration procedures.

An Energy Purchase Agreement differs significantly from a Purchase Agreement in both scope and purpose. While both are binding contracts, they serve distinct functions in Hong Kong's business landscape.

• Duration and Commitment: Energy Purchase Agreements typically span 10-25 years with ongoing power supply obligations, while Purchase Agreements usually cover one-time transactions.
• Payment Structure: EPAs involve recurring payments based on actual energy consumption and Feed-in Tariff rates, unlike standard Purchase Agreements' fixed purchase prices.
• Regulatory Framework: EPAs must comply with Hong Kong's electricity regulations and utility requirements, while Purchase Agreements follow general contract law.
• Performance Metrics: EPAs include specific power generation guarantees, quality standards, and grid connection requirements not found in standard Purchase Agreements.
• Risk Allocation: EPAs contain detailed provisions for supply interruptions, maintenance responsibilities, and force majeure events unique to power generation.