Affordable Power Purchase Agreements Extension Act allows certain public entities to extend renewable energy contracts beyond 15 years, up to a total.

The Affordable Power Purchase Agreements Extension Act amends existing law to allow certain public entities to extend renewable energy contracts beyond the current 15-year limit, up to a total of 30 years. These contracts, which involve the purchase of electricity or thermal energy from renewable sources, can now be extended without public advertising for bids and bidding.

Affordable Power Purchase Agreements Extension Act allows certain public entities to extend renewable energy contracts beyond 15 years, up to a total.

The Affordable Power Purchase Agreements Extension Act amends existing law to allow certain public entities to extend renewable energy contracts beyond the current 15-year limit, up to a total of 30 years. These contracts, which involve the purchase of electricity or thermal energy from renewable sources, can now be extended without public advertising for bids and bidding.