Direct Power Purchase Agreements (PPAs) have become increasingly important in the U.S. energy market as organizations seek to secure reliable, often renewable power supplies while managing costs and meeting sustainability goals. These agreements are particularly relevant when a power consumer wants to purchase electricity directly from a generator rather than through a utility. The agreement must comply with both federal regulations and state-specific requirements, which can vary significantly by jurisdiction. A Direct Power Purchase Agreement typically includes detailed provisions for power delivery, pricing mechanisms, performance guarantees, and risk allocation between parties.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification and details of the power seller and buyer
2. Background: Context of the agreement and high-level description of the transaction
3. Definitions: Key terms used throughout the agreement including technical, commercial, and legal definitions
4. Sale and Purchase Obligations: Core commercial terms including quantity, price, and delivery obligations
5. Term and Termination: Duration of agreement and termination rights
6. Payment Terms: Billing, invoicing, and payment procedures
7. Performance Security: Credit support and security requirements
8. Force Majeure: Events excusing performance and related procedures
9. Default and Remedies: Events of default and available remedies
10. Representations and Warranties: Standard and specific representations by both parties
11. Governing Law and Dispute Resolution: Choice of law and dispute resolution procedures
1. Environmental Attributes: Treatment of renewable energy credits and other environmental benefits - used for renewable energy projects
2. Capacity Rights: Allocation of capacity rights and related products - used when capacity markets are relevant
3. Development Milestones: Project development timeline and requirements - used for new build projects
4. Interconnection: Grid connection requirements and responsibilities - used for physical PPAs
5. Curtailment: Terms governing reduction in generation output - used for variable renewable resources
1. Schedule A - Facility Description: Technical details of the generating facility including location, technology, and capacity
2. Schedule B - Product Price Schedule: Detailed pricing terms, including any escalators or adjustments
3. Schedule C - Expected Energy Production: Projected generation profile and any performance guarantees
4. Schedule D - Form of Performance Security: Template for letters of credit or other security instruments
5. Schedule E - Operating Procedures: Detailed protocols for day-to-day operations and communications
6. Schedule F - Metering Requirements: Technical specifications for metering and measurement
7. Schedule G - Insurance Requirements: Required insurance coverage and limits
Find the exact document you need
Utility Scale Solar Ppa
A U.S.-governed agreement for the long-term purchase of electricity from utility-scale solar facilities.
Download
Rec Purchase Agreement
A U.S.-governed agreement documenting the sale of accounts receivable between parties, structured under UCC Article 9.
Download
Power Purchase Agreement Wind
A U.S.-governed contract for the long-term purchase and sale of wind-generated electricity between a generator and purchaser.
Download
Ppa Solar Lease
A U.S.-compliant agreement combining solar power purchase and site lease terms for solar energy installations.
Download
Prepaid Power Purchase Agreement
A U.S.-governed agreement for prepaid purchase of power, combining upfront payment with traditional PPA elements under federal and state energy regulations.
Download
Flexible Power Purchase Agreement
A U.S.-governed agreement for flexible electricity purchase and sale arrangements, primarily used in renewable energy transactions.
Download
Net Metering Credit Agreement
A U.S. legal agreement governing the allocation and management of renewable energy credits between utilities and customers under federal and state net metering regulations.
Download
Biomethane Purchase Agreement
A U.S.-governed agreement establishing terms for the purchase and sale of biomethane, including delivery, pricing, and quality specifications.
Download
Virtual Purchase Power Agreement
A U.S.-governed financial contract enabling corporate procurement of renewable energy through virtual settlement mechanisms.
Download
Prepaid Solar Power Purchase Agreement
A U.S.-governed agreement for prepaid purchase of solar-generated electricity, including installation, maintenance, and performance terms.
Download
Private Wire Ppa
A U.S.-governed agreement for direct electricity supply between a generator and end-user via private connection.
Download
Corporate Power Purchase Agreement
A long-term contract for corporate procurement of electricity in the U.S., governed by federal and state energy regulations.
Download
Third Party Solar Power Purchase Agreement
A U.S.-governed agreement enabling property owners to purchase solar-generated electricity from third-party providers who install and maintain solar systems on the customer's property.
Download
Ppa Agreement Solar
A U.S.-governed contract establishing terms for the sale and purchase of solar-generated electricity.
Download
Direct Power Purchase Agreement
A U.S.-governed agreement establishing direct electricity purchase terms between generators and end-users.
Download
Power Purchase Contract
A U.S.-governed agreement establishing terms for the sale and purchase of electricity between a generator and buyer.
Download
Physical Power Purchase Agreement
A U.S.-governed contract establishing terms for physical delivery of electrical power between generator and buyer, subject to federal and state energy regulations.
Download
Power Offtake Agreement
A contractual agreement for the sale and purchase of electricity between a generator and buyer, governed by U.S. federal and state energy regulations.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)