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Indicative Terms and Conditions

Listed below are the indicative terms and conditions under which Great River Energy will entertain wind energy purchases (electricity and environmental attributes) given today’s wind energy market. The wind energy market is rapidly changing. Great River Energy will continue to adjust its terms and conditions as necessary. In other words, it is possible that the terms and conditions may change between the time you view this document and when a power purchase contract is finalized.

Indicative Price – $0.025 per kWh flat for 15 years. The level pricing is contingent upon developer selling the project output solely to Great River Energy for the entire 15-year term.

Delivery Point – high voltage side of a Great River Energy transmission or subtransmission substation.

Wheeling Fees – Developer is responsible for any wheeling fees (distribution, transmission, or both) that Great River Energy incurs as a result of its purchase regardless of whether incurred before or after the delivery point.

Curtailment – Developer is responsible for implementing and complying with system constraint mitigation or other curtailment procedures, whether resulting from distribution, interconnection, or transmission limitations. Great River Energy will not pay for curtailed energy nor for any costs developer incurs as a result of system constraints or curtailments.

  • Transmission Studies – Developer is responsible for initiating and completing both the interconnect and transmission delivery studies. The developer must demonstrate that transmission delivery to Great River Energy is feasible and will result in no additional costs to Great River Energy. These studies must be satisfactorily completed before Great River Energy enters into a power purchase agreement with the developer.
  • Interconnect and Transmission Approvals – Developer is responsible for obtaining all approvals necessary for connecting the project to the transmission system and delivering its power and energy to Great River Energy. These approvals may include, but are not limited to, the MAPP Design Review Subcommittee (or successors) and the Midwest Independent System Operator (or successors).
  • Interconnection Agreement – Developer is responsible for entering into an Interconnection Agreement with the applicable utility and for all costs associated with the interconnection.
  • Accredited Capacity – Great River Energy shall be solely entitled to all of the Project’s accredited capacity. The developer will cooperate with Great River Energy performing tests and acquiring data necessary to accredit the wind project.
  • Timing – Commercial operation date must occur within 18 months of signing the power purchase agreement.
  • Nameplate Capacity – These terms and conditions are intended for wind projects up to 2 MW in size. Developers interested in selling wind energy from larger projects should contact Great River Energy to discuss the size of the project proposed and how to proceed. Contact Great River Energy in writing if you would like to receive a copy of the RFP.
  • PURPA QF – The representations contained in this document assume the project is a qualifying facility (QF) under the Public Utilities Regulatory Policy Act of 1978 (PURPA).
  • Renewable/green-credits – Any “green rights”, including but not limited to, credit towards renewable energy objectives, renewable portfolio standards, carbon tax credits and any future air emission credits will accrue to Great River Energy.
  • Great River Energy Contact-The information in this document is intended to provide you with enough information to do preliminary financial analysis of your project. If the results of that preliminary financial analysis indicate the project is feasible, please contact Mark Rathbun at 763-241-2447 for more information.