For a comprehensive review of legal and accounting risks associated with virtual PPAs, see Virtual Power Purchase Agreement Legal Considerations and state-specific guidance for select states including Georgia, Indiana, Minnesota, Missouri, Ohio, and Virginia.
Disclaimer: the following should be used as a starting point for legal discussions but should not be construed as legal advice and does not address all issues that may arise with respect to entering into a PPA in any particular jurisdiction.
The legality of VPPAs is nuanced and impacted by local and state laws. Local governments considering a VPPA should conduct a preliminary legal review to determine any additional steps needed to enter into a VPPA. This page provides an overview of some of the most common issues to consider in this process.