Can you explain the intent of Section 5(f) of the Cover Sheet of the REC Contract? [(f) At least 50% of the Project is located within the physical location identified in the Site Description in Table 1.]

This provision ensures that the site provided for the Project as part of the Proposal, and for which a description is provided in Table 1, is substantially similar to the site of the Project when such Project is fully developed. The Seller must certify that the RECs delivered come from the Project and that such Project is in majority at the site provided in the Proposal. Thus, the Seller cannot substitute another Project in a different location for the Project presented in its Proposal and the development of the Project at the Proposal stage must be sufficient to substantially describe the site.

Revised 8-01-2017 first posted 6-09-2017

Announcements

W&S-17: Can you explain the intent of Section 5(f) of the Cover Sheet of the REC Contract? [(f) At least 50% of the Project is located within the physical location identified in the Site Description in Table 1.]