23 Feb '15, 3pm

Will Commercial Solar Offtakers Ever Accept Form Legal Documents?

Will Commercial Solar Offtakers Ever Accept Form Legal Documents?

“We can unlock the potential of the commercial and industrial (C&I) solar market if we only had form legal documents!” says everyone, all the time. If only it were that simple. Rule number one: commercial solar is not residential. The residential sector often utilizes boilerplate offtake agreements. These “take-it or leave-it” form documents are standard, just as in other retail industries, and as such, residential solar consumers often willing to sign on the dotted line. Unlike residential, where homeowners rarely have the ability to revise an agreement, commercial offtakers generally do not sign a PPA without first making a pass at a redline. Frequently they engage their own counsel or outside legal assistance. Moreover, they negotiate because they are accustomed to doing so, and to having negotiating power. While commercial offtakers may always expect some level of nego...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2015/02...

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