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PPAs can be as long as 25 years

Posted by Morgan White on April 17, 2020

While procurement laws still restrict the majority of campus purchasing contracts to ten years, there is a state of Illinois law that allows our campus to enter into Power Purchase Agreements (PPAs) that are as long as 25 years.  See http://www.ilga.gov/legislation/publicacts/fulltext.asp?Name=101-0193 for details.