Renewable Energy PPA Performance and Compliance Checklist

This renewable energy Power Purchase Agreement (PPA) performance and compliance checklist ensures compliance with FERC reporting requirements, EIA Form 923 data submission, REC (Renewable Energy Certificate) tracking and retirement protocols, curtailment event reporting, and contracted energy delivery performance guarantees. Designed for renewable energy asset managers and project finance teams to verify ongoing PPA compliance and performance obligation fulfillment.

  • Industry: Renewable Energy
  • Frequency: Monthly
  • Estimated Time: 2-3 hours
  • Role: Asset Manager / Project Finance Manager
  • Total Items: 30
  • Compliance: FERC Power Purchase Agreement Filing Requirements, EIA Form 923 Power Plant Operations Report, WREGIS / GATS / NEPOOL GIS REC Tracking Requirements, State RPS (Renewable Portfolio Standard) Compliance, PPA Contract Delivery Guarantee Requirements

Energy Delivery Performance

PPA energy delivery and guarantee tracking.

  • Monthly generation within P50/P90 forecast range?
  • Annual delivery guarantee on track (if applicable)?
  • Curtailment events documented and buyer notified?
  • Any force majeure events documented and declared?
  • Settlement meter reading verified and reported to buyer?

Renewable Energy Certificates (RECs)

REC generation, tracking, and reporting.

  • WREGIS/GATS account active and generation data submitted?
  • REC vintage months current and accurately reflected?
  • RECs transferred to buyer per PPA schedule?
  • RECs retired for any RPS compliance claims?
  • REC additionality and eligibility requirements maintained?

Regulatory and Financial Reporting

FERC, EIA, and investor reporting.

  • EIA Form 923 submitted on schedule?
  • FERC required filings current?
  • Monthly investor/lender report prepared?
  • State RPS compliance documentation current?
  • Tax equity compliance certificate requirements met?

Financial Performance

Revenue and cost performance tracking.

  • Monthly revenue within budget/model projections?
  • O&M costs within budget?
  • Property and liability insurance current and adequate?
  • Debt service coverage ratio (DSCR) above covenant?
  • Warranty claims tracked and submitted on time?

Operational Compliance

O&M contract and technical compliance.

  • Plant availability meeting O&M contract guarantee?
  • Performance Ratio within O&M contract threshold?
  • O&M contractor response times within SLA?
  • All major equipment failures reported to insurance?
  • Monthly O&M report received from operator?

PPA Ongoing Obligations

PPA-specific obligation tracking.

  • Buyer notified of material changes per PPA notice requirements?
  • Interconnection agreement obligations current?
  • No PPA termination events triggered?
  • Land lease/rights payments current?
  • PPA Compliance Notes

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Why Use This Renewable Energy PPA Performance and Compliance Checklist?

This renewable energy ppa performance and compliance checklist helps renewable energy teams maintain compliance and operational excellence. Designed for asset manager / project finance manager professionals, this checklist covers 30 critical inspection points across 6 sections. Recommended frequency: monthly.

Ensures compliance with FERC Power Purchase Agreement Filing Requirements, EIA Form 923 Power Plant Operations Report, WREGIS / GATS / NEPOOL GIS REC Tracking Requirements, State RPS (Renewable Portfolio Standard) Compliance, PPA Contract Delivery Guarantee Requirements. Regulatory-aligned for audit readiness and inspection documentation.

Frequently Asked Questions

What does the Renewable Energy PPA Performance and Compliance Checklist cover?

This checklist covers 30 inspection items across 6 sections: Energy Delivery Performance, Renewable Energy Certificates (RECs), Regulatory and Financial Reporting, Financial Performance, Operational Compliance, PPA Ongoing Obligations. It is designed for renewable energy operations and compliance.

How often should this checklist be completed?

This checklist should be completed monthly. Each completion takes approximately 2-3 hours.

Who should use this Renewable Energy PPA Performance and Compliance Checklist?

This checklist is designed for Asset Manager / Project Finance Manager professionals in the renewable energy industry. It can be used for self-assessments, team audits, and regulatory compliance documentation.

Can I download this checklist as a PDF?

Yes, this checklist is available as a free PDF download. You can also use it digitally in the POPProbe mobile app for real-time data capture, photo documentation, and automatic reporting.

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