Delivery Requirement. The developer guarantees the system will produce at least 75% of its expected production in any two year period. • If the system does not produce the guaranteed minimum, the developer will pay the Town the difference between the guaranteed production and actual production, times the applicable electrical rate, capped over the term of the contract at $250,000.
Appears in 2 contracts
Sources: Power Purchase Agreement (Ppa), Power Purchase Agreement (Ppa)