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<p class=MsoNormal><span style='color:blue'>I would take a copy of that as well
if you don’t mind.<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:blue'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='color:blue'>Thanks,<o:p></o:p></span></p>
<p class=MsoNormal><span style='color:blue'><o:p> </o:p></span></p>
<div>
<p class=MsoNormal><b><span style='font-family:"Constantia","serif";color:black'>Roger
Dixon<o:p></o:p></span></b></p>
<p class=MsoNormal><b><i><span style='font-family:"Constantia","serif";
color:black'>Certified Wind Site Assessor<o:p></o:p></span></i></b></p>
<p class=MsoNormal><b><span style='font-family:"Constantia","serif";color:black'>Skylands
Renewable Energy, LLC<o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-family:"Constantia","serif";color:black'>908.337.2057
cell<o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-family:"Constantia","serif";color:black'>908.730.6474
fax<o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-family:"Constantia","serif";color:black'>roger.dixon@att.net<o:p></o:p></span></b></p>
</div>
<p class=MsoNormal><span style='color:blue'><o:p> </o:p></span></p>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<p class=MsoNormal style='margin-left:.5in'><b><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif"'> re-wrenches-bounces@lists.re-wrenches.org
[mailto:re-wrenches-bounces@lists.re-wrenches.org] <b>On Behalf Of </b>Randy<br>
<b>Sent:</b> Tuesday, December 16, 2008 10:23 PM<br>
<b>To:</b> 'RE-wrenches'<br>
<b>Subject:</b> Re: [RE-wrenches] Sample Power Purchase Agreements<o:p></o:p></span></p>
</div>
</div>
<p class=MsoNormal style='margin-left:.5in'><o:p> </o:p></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'>Carl,<o:p></o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'>At Solar Power 2008, Stoel Rives,
a law firm had a booth and they were giving out a free workbook guide on PPA
terms and conditions. They also offered this publication on their website which
I downloaded, but I couldn’t find the link just now. So, if you would
like the guide let me know offline and I will send it to you.<o:p></o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'><o:p> </o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'>Good luck.<o:p></o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'>Randy<o:p></o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'><o:p> </o:p></span></p>
<div>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'>Randy Sadewic</span><span
style='color:navy'><o:p></o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'>Positive Energy</span><span
style='color:navy'><o:p></o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='color:navy'> <o:p></o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'>Office: 505 424-1112</span><span
style='color:navy'><o:p></o:p></span></p>
<p class=MsoNormal style='margin-left:.5in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:navy'>Cell: 505
570-0137</span><o:p></o:p></p>
</div>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif"'>-----Original Message-----<br>
<b>From:</b> re-wrenches-bounces@lists.re-wrenches.org
[mailto:re-wrenches-bounces@lists.re-wrenches.org] <b>On Behalf Of </b>Matt
Lafferty<br>
<b>Sent:</b> Monday, December 15, 2008 9:55 PM<br>
<b>To:</b> 'RE-wrenches'<br>
<b>Subject:</b> Re: [RE-wrenches] Sample Power Purchase Agreements</span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><o:p> </o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>Hi Carl,</span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>Actual PPA
contracts are rather complex instruments. To start with, the PPA is
actually a contract between the PPA Provider/System Owner (think of this
as the "bank") and the Host Customer. These are the parties that
will have the enduring relationship because, under a PPA, the Host Customer
pays the System Owner for the electricity generated for many
years. A 3rd party integrator <em><span style='font-family:"Arial","sans-serif"'>(I'm
guessing that's your role)</span></em> doesn't generally end up with a
direct contractual relationship with the Host Customer. Basically, you end up
working for the System Owner and maybe getting a "finder's fee". In
some cases, the PPA provider will pay you a finder's fee and have their
preferred installer(s) do it. It's also common for the integrator to never see
the actual PPA contract that gets executed either way. </span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>Each PPA provider has
their own requirements and standard contracts. Some offer "buy-outs" and
some don't. Some offer both. Some offer longer terms than others. Some have
severe "early termination" clauses and some don't. Some "pay
for" or "credit back" environmental credits and some just take
them and say that's why their rate is as low as it is if asked. Etc. The
requirements vary by state as well. This is an <strong><span style='font-family:
"Arial","sans-serif"'>extremely</span></strong> short list of the many
variables that go into the structure and costs of a PPA. They aren't exactly
generic, if you know what I mean.</span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>I know it sounds like a good idea
to show them a sample, and in principle it is. If you have to do this, I
suggest that you find a PPA provider(s) that you want to do business
with and will feel good about leaving the non-profit in their
hands, first. Get a sample from them. It will have their boilerplate in
it, which is what you really want to show the customer.</span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>It gets really sticky later when
they call you up during the negotiations <em><span style='font-family:"Arial","sans-serif"'>(which
you aren't involved in unless you have a consulting arrangement)</span></em>
and they ask you why the contract they are being asked to sign is so much
different than the sample you originally showed them. I've
seen numerous deals fall apart for reasons just like this. Simple
matter of trust. The Host Customer ends up feeling like they can't trust anybody
involved and ends up not going solar at that time.</span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>An alternative is to contact a
public agency in your neck of the woods who has signed up for one of these and
see if you can get a copy of theirs. Freedom of information and all.... Beware
of this route for the reasons stated above, but at least it's easier to explain
because they are a government agency, yada yada yada.</span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>No matter what sample you show
them, make sure you are clear that it's ONLY A SAMPLE and the final version
WILL be different. Depending on what you show them and who they end up dealing
with as a PPA provider, the differences can be huge.</span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>Best of luck!</span><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>$02001,</span><o:p></o:p></p>
<div>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
</div>
<p class=MsoNormal style='margin-left:1.0in'><strong><i><span style='font-size:
13.5pt;font-family:"Monotype Corsiva"'>Matt Lafferty</span></i></strong><o:p></o:p></p>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'><a href="mailto:gilligan06@gmail.com">gilligan06@gmail.com</a></span><o:p></o:p></p>
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<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
</div>
<div>
<p class=MsoNormal style='margin-left:1.0in'> <o:p></o:p></p>
</div>
<div>
<p class=MsoNormal style='margin-left:1.0in'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'> > </span>I'm
interested in sample PPAs. I'd like to set one of these up for a local
non-profit customer and would appreciate any examples, etc you are willing to
share<br>
<br>
With REgards<br>
<span style='color:#888888'>Carl Adams<br>
NABCEP Certified Installer</span> <o:p></o:p></p>
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