Common Contracts
1 similar Purchase Agreement contracts
TERMS AND CONDITIONS FOR THE PURCHASE OF ELECTRIC POWERPurchase Agreement • December 12th, 2021
These “Terms and Conditions" provide a mechanism through which Carolina Power and Light Company d/b/a Progress Energy Carolinas, Inc., hereafter called Company, will agree to purchase energy or capacity or both from an Eligible Qualifying Facility as defined in PEC’s CSP Rate Schedule . This Purchase Agreement does not provide for the sale of any electric service by Company to Seller. If Seller requires supplementary, standby, or interruptible power from Company, Seller shall enter into a separate Retail Service Agreement or amend an existing Retail Service Agreement, as appropriate, in accordance with Company’s applicable electric service tariffs on file with and authorized by the state regulatory agency having jurisdiction.
