Oregon Administrative Rules
Chapter 860 - PUBLIC UTILITY COMMISSION
Division 29 - REGULATIONS RELATED TO AGREEMENTS BETWEEN ELECTRIC UTILITIES AND ELECTRIC COGENERATION AND SMALL POWER PRODUCTION FACILITIES
Section 860-029-0046 - Process for Procuring Standard Power Purchase Agreement
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Each public utility must file with the Commission a schedule outlining the process for acquiring a standard power purchase agreement that is consistent with the provisions of OAR 860 division 029 and Commission policy and that satisfies the requirements of this section.
(2) Upon request, each public utility must provide a draft standard power purchase agreement to an eligible qualifying facility after the qualifying facility has provided the public utility, in written form:
(3) Once a qualifying facility has asked for a draft standard power purchase agreement and provided the information required under section (2), the public utility has 15 business days to provide the qualifying facility a draft standard power purchase agreement including current standard avoided cost prices and/or other optional pricing mechanisms as approved by the Commission.
(4) After receipt of a draft standard power purchase agreement, the qualifying facility may submit comments to the public utility regarding the draft agreement or request that the public utility prepare a final executable power purchase agreement.
(5) If the qualifying facility submits comments to the public utility or asks for revisions to the draft standard power purchase agreement, in writing, the public utility has 10 business days to:
(6) The process outlined in sections (4) and (5) of this rule will continue until both the qualifying facility and public utility agree to the terms of the draft standard power purchase agreement, i.e., neither the qualifying facility nor the purchasing public utility have outstanding issues, corrections, or comments regarding the draft power purchase agreement.
(7) After the parties concur on the terms of the draft standard power purchase agreement, the qualifying facility can submit a written request to the public utility for a final executable version of the purchase agreement. The public utility has 10 business days from the receipt of the written request to provide a final executable form of the purchase agreement to the qualifying facility.
(8) Upon receipt of the final executable form of the purchase agreement executed by the qualifying facility, the purchasing public utility has five business days in which to sign the final executable agreement.
(9) A legally enforceable obligation will be considered established on the date on which the qualifying facility executes the final executable form of the power purchase agreement or such earlier date that the Commission may order.
(10) Both QF parties and purchasing utilities acting pursuant to this rule are obligated to act in good faith when dealing with counterparties.
Statutory/Other Authority: ORS 183, ORS 756, ORS 757 & ORS 758
Statutes/Other Implemented: ORS 756.040 & ORS 758.505-758.555