Get Power Purchase Agreement Sample PNG. Fillable power purchase agreement template. A power purchase agreement (ppa), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer).
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Physical ppa—within a physical ppa contract, the corporate buyer takes ownership of the electrons produced by the renewable energy project. These agreements are nonrefundable and nontransferable. Fillable power purchase agreement template. The ppa defines the conditions of the agreement, such as the amount of electricity to be supplied.