A Power Purchase Agreement (PPA)—a smart energy contract—is an agreement between an energy producer and a customer, typically a business or organization. It allows the customer to purchase a predetermined amount of electricity at an agreed-upon price, often for a long-term period. Read more about smart energy contracts here.
Smart Energy Plan
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What is a Power Purchase Agreement (PPA)?
A Power Purchase Agreement (PPA) is a contract for the purchase of electricity between two parties: a green electricity producer and a buyer, such as an electricity consumer or trader. A PPA sets out all the terms and conditions of this agreement. These include the amount of electricity to be supplied, the negotiated price, who bears which risks, the required accounting procedures, and the penalties if...