Power Purchase Agreement (PPA)
Energy contract covering electricity supply, pricing mechanisms, delivery terms, environmental attributes, and long-term power procurement for renewable energy purchases and grid connections.
Key Clauses
Scope of Services
Defines the specific services, deliverables, and performance standards required under the agreement.
Compensation and Payment
Establishes fee structures, payment schedules, invoicing procedures, and late payment penalties.
Term and Termination
Sets the agreement duration, renewal options, and conditions under which either party may terminate.
Confidentiality
Protects proprietary information and trade secrets shared between the parties during the engagement.
Indemnification
Allocates liability and requires each party to hold the other harmless from specified claims and damages.
Use This Template
When You Need This
- Utility company purchasing renewable energy from wind farm operator
- Commercial business buying solar power from off-site installation
- University contracting for clean energy from renewable power producer
- Municipal government purchasing green power for public facility operations