THIS GREEN POWER PROVIDERS PARTICIPATION AGREEMENT (Participation Agreement), among , its successors and authorized assigns, hereinafter called “Participant”; Memphis Light, Gas and Water, its successors and authorized assigns, hereinafter called “Distributor”; and Tennessee Valley Authority, its successors and authorized assigns, hereinafter called “TVA,” bears the following recitals:
Participant is a customer of Distributor and desires to participate, on a voluntary basis, in a program entitled Green Power Providers (Program) under which TVA acquires electric energy from qualifying renewable generation systems constructed and installed at customer locations served by Distributor.
Participant intends to construct, operate, and maintain a generation facility (Qualifying System) that is an eligible system under this Participation Agreement and is described below, located at Participant’s address (Address) identified in Subsection 15.1 below.
The parties understand that the intent of the Program is to encourage Distributor’s residential customers (billed under Schedule RS or its equivalent) and Distributor’s commercial and industrial customers (billed under the General Power Service or Manufacturing Service Rate Schedules or their equivalent, as defined in Distributor rate schedules) to install renewable generation. Therefore, Participant must be a residential customer with a residential building and residential billing meter at the Address of the Qualifying System, or if Participant is a commercial or industrial customer, Participant agrees that its primary commercial or industrial purpose is not electricity generation at the building with a commercial or industrial billing meter at the Address of the Qualifying System.
Participant wishes to sell to TVA and TVA wishes to purchase from Participant the power and associated energy produced from the Qualifying System, together with the environmental attributes associated with it, in accordance with the terms and conditions set forth in this Participation Agreement.
Subject to and in accordance with the Green Power Providers Program Participation Guidelines (Guidelines), attached to and made part of this Participation Agreement, the parties agree as follows: