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Electricity Supply Agreement

Electricity Supply Agreement Template for New Zealand

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Key Requirements PROMPT example:

Electricity Supply Agreement

"I need an Electricity Supply Agreement for my manufacturing facility in Auckland, with a 3-year term starting March 1, 2025, including peak/off-peak pricing structures and provisions for excess usage charges."

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Document background
The Electricity Supply Agreement is a crucial commercial contract used in New Zealand to establish and govern the relationship between electricity suppliers and their customers. This agreement is essential for businesses requiring dedicated electricity supply arrangements and is designed to comply with New Zealand's electricity market regulations, including the Electricity Industry Act 2010 and associated legislation. It covers critical aspects such as supply specifications, pricing mechanisms, service levels, and operational requirements. The document is particularly important for commercial and industrial customers who require specific supply arrangements, possibly including special pricing structures, load management, or power quality requirements. The agreement ensures clarity on rights and obligations while maintaining compliance with New Zealand's regulatory framework for electricity supply.
Suggested Sections

1. Parties: Identification of the electricity supplier and the customer, including full legal names and registered addresses

2. Background: Context of the agreement, including premises details and purpose of supply

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation

4. Term and Commencement: Duration of the agreement, start date, and renewal provisions

5. Supply Obligations: Core obligations of the supplier to provide electricity and maintain supply quality

6. Customer Obligations: Customer's responsibilities including payment, access rights, and maintenance of customer-side equipment

7. Metering and Measurement: Requirements for electricity metering, reading, and verification

8. Charges and Payment: Pricing structure, payment terms, billing frequency, and payment methods

9. Security and Credit Requirements: Any security deposits, credit checks, or guarantees required

10. Disconnection and Reconnection: Circumstances and procedures for disconnection and reconnection of supply

11. Liability and Risk: Allocation of risks, limitation of liability, and force majeure provisions

12. Default and Termination: Events of default, termination rights, and consequences of termination

13. Disputes: Dispute resolution procedures and escalation process

14. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law

Optional Sections

1. Green Energy Requirements: Optional section for agreements involving renewable energy targets or certification

2. Special Infrastructure: Used when specific infrastructure needs to be installed or maintained

3. Network Services: Required when the supplier also provides network services

4. Load Management: For customers with specific load management requirements or ripple control

5. Embedded Generation: Required for customers with solar panels or other generation capabilities

6. Critical Supply: For customers requiring enhanced reliability or backup supply arrangements

7. Multiple Sites: When supply is required at multiple customer locations

8. Power Quality: Specific power quality requirements beyond standard specifications

Suggested Schedules

1. Schedule 1 - Pricing Structure: Detailed pricing information, tariffs, and charging methodology

2. Schedule 2 - Service Specifications: Technical specifications of supply including voltage, frequency, and quality parameters

3. Schedule 3 - Premises Details: Specific details of supply points, ICP numbers, and installation specifications

4. Schedule 4 - Special Terms: Any special terms or variations from standard terms

5. Schedule 5 - Performance Standards: Specific performance metrics and service levels

6. Schedule 6 - Contact Details: Key contact information for both parties

7. Appendix A - Network Connection Requirements: Technical requirements for connection to the network

8. Appendix B - Metering Specifications: Detailed specifications for metering equipment and arrangements

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


















































Clauses













































Relevant Industries

Utilities

Energy

Manufacturing

Industrial

Commercial Property

Data Centers

Healthcare

Retail

Hospitality

Mining

Agriculture

Relevant Teams

Legal

Operations

Commercial

Procurement

Finance

Compliance

Risk Management

Facilities Management

Technical Services

Customer Relations

Business Development

Sustainability

Relevant Roles

Commercial Manager

Energy Procurement Manager

Facilities Manager

Operations Director

Legal Counsel

Contracts Manager

Chief Financial Officer

Energy Manager

Sustainability Manager

Risk Manager

Compliance Officer

Technical Operations Manager

Property Manager

Procurement Officer

Business Development Manager

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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