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lets talk about what a virtual power purchase agreement is so youre building an off-site renewable energy project this project is going to sell its power into the local power grid these deals are happening and the projects are being built where theres a deregulated wholesale electricity market where you can be an independent power producer build a project sell your power into the grid so in that kind of market you build the project you sell your power into it and you get whatever the market price is the local utility then buys that power and they send the energy to you the energy buyer one other key thing to understand is that youre still going to be paying your utility in these deals the same as if you had never signed a renewable energy deal so what actually happens is that because this off-site renewable energy project that youre going to contract with is only getting the market price youre gonna help them to get financing and get this thing built by providing them with certa
