| name | rec-purchase-agreement |
| title | REC Purchase Agreement |
| description | Drafts Renewable Energy Credit (REC) Purchase Agreements for US jurisdictions, covering product specifications, tracking system protocols (WREGIS, PJM-GATS, M-RETS, NEPOOL-GIS), RPS compliance, voluntary certification (Green-e), title transfer, and regulatory change provisions. Use when drafting REC purchase agreements, environmental commodity contracts, renewable energy credit transactions, or RPS compliance documentation. |
| author | CaseMark |
| author_url | https://github.com/CaseMark/skills/tree/main/skills/legal/rec-purchase-agreement |
| license | Apache-2.0 |
| version | 0.1.0 |
| execution_mode | open |
| jurisdiction | us |
| practice | energy |
| language | en |
| tags | ["agreement","drafting","regulatory"] |
REC Purchase Agreement
Drafts an enforceable Renewable Energy Credit Purchase Agreement balancing seller and buyer protections across compliance and voluntary REC markets.
Prerequisites
- Transaction type — RPS compliance, voluntary (Green-e), or speculative resale
- Seller position — facility owner, operator, PPA counterparty, or aggregator
- Buyer intended use — specific RPS program, voluntary standard, or resale
- Facility details — technology, location, capacity, operational status
- Tracking system — WREGIS, PJM-GATS, M-RETS, NC-RETS, NEPOOL-GIS, or other
- RPS/certification requirements — eligible technologies, vintage limits, geographic boundaries
- Commercial terms — quantity (MWh), price, delivery schedule, term length
Output Structure
1. Preamble & Recitals
Include title + execution date, full party identification (legal name, entity type, jurisdiction, address), and recitals covering: seller's right to sell RECs from identified facility, facility technology + location, RECs as severed environmental attributes, buyer's stated purpose, mutual intent to be bound.
2. Product Specifications
Define each precisely:
| Element | Detail |
|---|
| Technology/fuel | Solar PV, onshore wind, biomass, geothermal, low-impact hydro, etc. |
| Vintage | Calendar year(s); single or multi-vintage; acceptable range |
| Geography | Facility state/region; confirm buyer eligibility (in-state, regional grid, reciprocal) |
| Certification | Green-e Energy or specific state RPS program (name it); seller maintains throughout delivery |
| Bundled vs. unbundled | State explicitly; all environmental attributes transfer; seller retains no claims post-sale |
3. Quantity & Delivery
| Term | Detail |
|---|
| Quantity | Fixed MWh or periodic schedule (monthly/quarterly/annual) |
| Commitment | Firm (seller procures replacements if short) or Output-based (buyer accepts volume risk) |
| Delivery period | Start date, end date |