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PUC directs changes to model JTS PPAs, flags major nonnegotiable terms
Summary
The Colorado Public Utilities Commission directed changes to model power purchase agreements for the Just Transition Solicitation, making several renewal, security and liquidated-damage provisions nonnegotiable while leaving other technical terms negotiable and instructing the utility to highlight nonnegotiable language in the RFP package.
The Colorado Public Utilities Commission on Feb. 25 directed staff and Public Service Company of Colorado to file model power purchase agreements (PPAs) for the Just Transition Solicitation (JTS) that reflect the commission's policy decisions on negotiability and protections for customers and developers.
Advisory staff led by Mr. Eaton recommended the commission adopt the company's revised PPA language for some items but explicitly make other provisions negotiable; commissioners approved a package of directives aimed at balancing IPP concerns with customer protections.
Advisors told the commission that section 2.2 of the renewable PPA (renewal/ROLO) had been revised by the company to lengthen notice periods and to add a…
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