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The agreement sets term and binding nature, delivery prerequisites and delay consequences, product and certification requirements, contract quantities and energy production guarantees, interconnection and operational responsibilities, compensation and settlement calculations, default and remedies, force majeure, payment and netting, credit and collateral support, safety and governmental charges, limitations, representations and warranties, indemnities and insurance, and records and audit rights.","PG&E Mid-Term Reliability Solicitation Phase 3\nStandard contract terms and conditions shown in shaded text are those that “may not be modified” per CPUC Decisions (“D.”) 07\u001e11\u001e025; D.10-03-021, as modified by D.11-01-025; and D.13-11-024.\nPOWER PURCHASE AGREEMENT\nFor Firm Zero Emissions Product\nbetween\nPACIFIC GAS AND ELECTRIC COMPANY\n(as “Buyer”)\nand\n________________________________\n(as “Seller”)\nPOWER PURCHASE AGREEMENT\nTABLE OF CONTENTS\n\u0013 TOC \\f \u0014ARTICLE ONE:  TERM\t\u0013 PAGEREF _Toc126844543 \\h \u00141\u0015\n1.1\tTerm\t\u0013 PAGEREF _Toc126844544 \\h \u00141\u0015\n1.2\tBinding Nature\t\u0013 PAGEREF _Toc126844545 \\h \u00141\u0015\n1.3\tCommission Approval Delayed\t\u0013 PAGEREF _Toc126844546 \\h \u00142\u0015\nARTICLE TWO:  CONDITIONS PRECEDENT TO INITIAL DELIVERY DATE\t\u0013 PAGEREF _Toc126844547 \\h \u00142\u0015\n2.1\tConditions Precedent to the Initial Delivery Date\t\u0013 PAGEREF _Toc126844548 \\h \u00142\u0015\n2.2\tConfirmation of Initial Delivery Date\t\u0013 PAGEREF _Toc126844549 \\h \u00143\u0015\n2.3\tDeadline for the Initial Delivery Date\t\u0013 PAGEREF _Toc126844550 \\h \u00143\u0015\n2.4\tExpected Initial Delivery Date Cure Period and Delay Damages\t\u0013 PAGEREF _Toc126844551 \\h \u00144\u0015\n2.5\tIncremental Capacity Reductions\t\u0013 PAGEREF _Toc126844552 \\h \u00144\u0015\nARTICLE THREE:  TRANSACTION\t\u0013 PAGEREF _Toc126844553 \\h \u00145\u0015\n3.1\tProduct\t\u0013 PAGEREF _Toc126844554 \\h \u00145\u0015\n3.2\tPurchase and Sale Obligation\t\u0013 PAGEREF _Toc126844555 \\h \u00145\u0015\n3.3\tProject Modification\t\u0013 PAGEREF _Toc126844556 \\h \u00146\u0015\n3.3\tInformation Sharing and Shared Learning\t\u0013 PAGEREF _Toc126844557 \\h \u00146\u0015\n3.4\tCEC Certification and Verification\t\u0013 PAGEREF _Toc126844558 \\h \u00146\u0015\n3.5\tCertification of Product\t\u0013 PAGEREF _Toc126844559 \\h \u00146\u0015\n3.6\tPrevailing Wage\t\u0013 PAGEREF _Toc126844560 \\h \u00146\u0015\nARTICLE FOUR:  CONTRACT QUANTITY, WREGIS, AND RESOURCE ADEQUACY PROGRAM\t\u0013 PAGEREF _Toc126844561 \\h \u00147\u0015\n4.1\tContract Capacity\t\u0013 PAGEREF _Toc126844562 \\h \u00147\u0015\n4.2\tContract Quantity\t\u0013 PAGEREF _Toc126844563 \\h \u00147\u0015\n4.3\tGuaranteed Energy Production\t\u0013 PAGEREF _Toc126844564 \\h \u00147\u0015\n4.4\tGEP Failure and GEP Damages\t\u0013 PAGEREF _Toc126844565 \\h \u00147\u0015\n4.5\tWREGIS\t\u0013 PAGEREF _Toc126844566 \\h \u00147\u0015\n4.6\tResource Adequacy Program Obligation\t\u0013 PAGEREF _Toc126844567 \\h \u00149\u0015\n4.7\tDelivery of Capacity Attributes\t\u0013 PAGEREF _Toc126844568 \\h \u00149\u0015\n4.8\tPost-Showing Shortfall Prior to Showing Month\t\u0013 PAGEREF _Toc126844569 \\h \u001410\u0015\n4.9\tHold-Back Capacity\t\u0013 PAGEREF _Toc126844570 \\h \u001410\u0015\n4.10\tAvailable Capacity Notification\t\u0013 PAGEREF _Toc126844571 \\h \u001411\u0015\n4.11\tMaintenance Outages and Notification\t\u0013 PAGEREF _Toc126844572 \\h \u001411\u0015\nARTICLE FIVE:  INTERCONNECTION & OPERATIONS\t\u0013 PAGEREF _Toc126844573 \\h \u001411\u0015\n5.1\tInterconnection Agreement\t\u0013 PAGEREF _Toc126844574 \\h \u001411\u0015\n5.2\tOperations\t\u0013 PAGEREF _Toc126844575 \\h \u001412\u0015\n5.3\tMetering\t\u0013 PAGEREF _Toc126844576 \\h \u001412\u0015\n5.4\tScheduling\t\u0013 PAGEREF _Toc126844577 \\h \u001413\u0015\n5.5\tTitle and Risk of Loss\t\u0013 PAGEREF _Toc126844578 \\h \u001413\u0015\n5.6\tSupplier Diversity\t\u0013 PAGEREF _Toc126844579 \\h \u001413\u0015\n5.7\tStandards of Care\t\u0013 PAGEREF _Toc126844580 \\h \u001413\u0015\nARTICLE SIX:  COMPENSATION\t\u0013 PAGEREF _Toc126844581 \\h \u001414\u0015\n6.1\tEnergy Settlement\t\u0013 PAGEREF _Toc126844582 \\h \u001414\u0015\n6.2\tCalculation of the Monthly Energy Settlement\t\u0013 PAGEREF _Toc126844583 \\h \u001414\u0015\n6.3\tExcess Energy Settlement\t\u0013 PAGEREF _Toc126844584 \\h \u001415\u0015\n6.4\tCalculation of Monthly Excess Energy Settlement\t\u0013 PAGEREF _Toc126844585 \\h \u001415\u0015\n6.5\tAllocation of Payments and Costs\t\u0013 PAGEREF _Toc126844586 \\h \u001416\u0015\nARTICLE SEVEN:  EVENTS OF DEFAULT; REMEDIES\t\u0013 PAGEREF _Toc126844587 \\h \u001417\u0015\n7.1\tEvents of Default\t\u0013 PAGEREF _Toc126844588 \\h \u001417\u0015\n7.2\tEarly Termination\t\u0013 PAGEREF _Toc126844589 \\h \u001419\u0015\n7.3\tRights and Remedies are Cumulative\t\u0013 PAGEREF _Toc126844590 \\h \u001419\u0015\n7.4\tWaiver\t\u0013 PAGEREF _Toc126844591 \\h \u001419\u0015\nARTICLE EIGHT:  FORCE MAJEURE\t\u0013 PAGEREF _Toc126844592 \\h \u001420\u0015\n8.1\tForce Majeure\t\u0013 PAGEREF _Toc126844593 \\h \u001420\u0015\nARTICLE NINE:  PAYMENT AND NETTING\t\u0013 PAGEREF _Toc126844594 \\h \u001421\u0015\n9.1\tBilling and Payment\t\u0013 PAGEREF _Toc126844595 \\h \u001421\u0015\n9.2\tNetting\t\u0013 PAGEREF _Toc126844596 \\h \u001421\u0015\n9.3\tPayment\t\u0013 PAGEREF _Toc126844597 \\h \u001421\u0015\n9.4\tDisputes and Adjustments of Invoices\t\u0013 PAGEREF _Toc126844598 \\h \u001422\u0015\nARTICLE TEN:  CREDIT AND COLLATERAL","cbCailokVPhKuq3d","https://ap.wps.com/l/cbCailokVPhKuq3d","docx",226748,103,"English","en",105,"# ARTICLE ONE: TERM\n## 1.1 Term\n## 1.2 Binding Nature\n## 1.3 Commission Approval Delayed\n# ARTICLE TWO: CONDITIONS PRECEDENT TO INITIAL DELIVERY DATE\n## 2.1 Conditions Precedent to the Initial Delivery Date\n## 2.2 Confirmation of Initial Delivery Date\n## 2.3 Deadline for the Initial Delivery Date\n# ARTICLE THREE: TRANSACTION\n## 3.1 Product\n## 3.2 Purchase and Sale Obligation\n## 3.4 CEC Certification and Verification\n# ARTICLE FOUR: CONTRACT QUANTITY, WREGIS, AND RESOURCE ADEQUACY PROGRAM\n## 4.1 Contract Capacity\n## 4.2 Contract Quantity\n## 4.4 GEP Failure and GEP Damages\n# ARTICLE FIVE: INTERCONNECTION & OPERATIONS\n## 5.1 Interconnection Agreement\n## 5.2 Operations\n## 5.4 Scheduling\n# ARTICLE SIX: COMPENSATION\n## 6.1 Energy Settlement\n## 6.2 Calculation of the Monthly Energy Settlement\n## 6.5 Allocation of Payments and Costs\n# ARTICLE SEVEN: EVENTS OF DEFAULT; REMEDIES\n## 7.1 Events of Default\n## 7.2 Early Termination\n## 7.4 Waiver","[{\"question\":\"What are the key timing and delivery requirements in the agreement?\",\"answer\":\"The agreement defines the term and binding nature, then establishes conditions precedent to the initial delivery date, confirmation mechanics, and a deadline. It also specifies a cure period and delay damages, along with incremental capacity reductions.\"},{\"question\":\"How does the contract handle product certification and related compliance?\",\"answer\":\"It includes provisions for product certification, CEC certification and verification, and certification of the product. It also addresses prevailing wage requirements as part of the transaction framework.\"},{\"question\":\"What provisions govern payments, settlement, and financial security?\",\"answer\":\"The agreement covers billing and payment, netting, disputes and invoice adjustments, and detailed energy settlement calculations including excess energy. It also specifies credit and collateral requirements such as performance assurance, letter of credit, and guaranty.\"}]","POWER PURCHASE AGREEMENT - For Firm Zero Emissions Product - Standard contract terms | DOCX",1788226246,36,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":14,"keywords":34,"description":15,"schema_data":35,"social_meta":88,"head_meta":90,"extra_data":92,"updated_unix":28},"power-purchase-agreement-for-firm-zero-emissions-product-standard-contract-terms","",{"@graph":36,"@context":87},[37,54,70],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":11},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/template/","Template",2,{"item":49,"name":13,"@type":43,"position":50},"https://docshare.wps.com/template/letters/",3,{"item":52,"name":14,"@type":43,"position":53},"https://docshare.wps.com/template/power-purchase-agreement-for-firm-zero-emissions-product-standard-contract-terms/168158/",4,{"url":52,"name":14,"@type":55,"author":56,"headline":14,"publisher":58,"fileFormat":61,"inLanguage":23,"description":15,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":41,"name":59,"@type":60},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-05","2026-09-01",true,{"@type":66,"interactionType":67,"userInteractionCount":69},"InteractionCounter",{"@type":68},"ViewAction",5,{"@type":71,"mainEntity":72},"FAQPage",[73,79,83],{"name":74,"@type":75,"acceptedAnswer":76},"What are the key timing and delivery requirements in the agreement?","Question",{"text":77,"@type":78},"The agreement defines the term and binding nature, then establishes conditions precedent to the initial delivery date, confirmation mechanics, and a deadline. It also specifies a cure period and delay damages, along with incremental capacity reductions.","Answer",{"name":80,"@type":75,"acceptedAnswer":81},"How does the contract handle product certification and related compliance?",{"text":82,"@type":78},"It includes provisions for product certification, CEC certification and verification, and certification of the product. It also addresses prevailing wage requirements as part of the transaction framework.",{"name":84,"@type":75,"acceptedAnswer":85},"What provisions govern payments, settlement, and financial security?",{"text":86,"@type":78},"The agreement covers billing and payment, netting, disputes and invoice adjustments, and detailed energy settlement calculations including excess energy. It also specifies credit and collateral requirements such as performance assurance, letter of credit, and guaranty.","https://schema.org",{"og:url":52,"og:type":89,"og:title":14,"og:site_name":59,"og:description":15},"article",{"robots":91,"canonical":52},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":94},[95,100,105,110,115,120,125,128,132],{"id":96,"doc_module":11,"doc_module_name":46,"category_name":97,"show_sort_weight":98,"slug":99},11,"Presentations",90,"presentations",{"id":101,"doc_module":11,"doc_module_name":46,"category_name":102,"show_sort_weight":103,"slug":104},12,"Resumes",80,"resumes",{"id":106,"doc_module":11,"doc_module_name":46,"category_name":107,"show_sort_weight":108,"slug":109},14,"Invoices",70,"invoices",{"id":111,"doc_module":11,"doc_module_name":46,"category_name":112,"show_sort_weight":113,"slug":114},15,"Posters",60,"posters",{"id":116,"doc_module":11,"doc_module_name":46,"category_name":117,"show_sort_weight":118,"slug":119},16,"Social Media",50,"social-media",{"id":121,"doc_module":11,"doc_module_name":46,"category_name":122,"show_sort_weight":123,"slug":124},17,"Forms",40,"forms",{"id":12,"doc_module":11,"doc_module_name":46,"category_name":13,"show_sort_weight":126,"slug":127},30,"letters",{"id":129,"doc_module":11,"doc_module_name":46,"category_name":130,"show_sort_weight":69,"slug":131},21,"Paper Templates","papers-templates",{"id":133,"doc_module":11,"doc_module_name":46,"category_name":134,"show_sort_weight":4,"slug":135},158,"General","general-158"]