Negotiating and Drafting Energy Purchase Contracts

NEW YORK, NY (October, 2015) — Peter V.K. Funk, Jr. participated in a seminar hosted by the New York Association of Realty Managers (NYARM) in New York City. His topic was energy purchase contracts, and he addressed the following:

• Negotiating and drafting energy purchase contracts — and the importance of knowing the characteristics and needs of the building and its occupants, metering capabilities, demand response issues and energy efficiency capabilities;
• The meaning of certain contract terms;
• Energy providers, such as ESCOs and utilities; and
• The various ways energy can be purchased, such as firm, interruptable or variable for gas, and fixed rates, variable with our without a cap and time-of-use (TOU) for electricity.

Peter Funk is an energy attorney whose renewable and alternative energy practice encompasses comprehensive handling of renewable energy, cogeneration and energy conservation projects. Engagements have included private and public on-site cogeneration, metering, renewable energy conservation measures, energy management and data centers as well as solar, biomass and biogas installations and waste-to-energy.

Funk is co-founder of the energy law boutique Funk & Zeifer LLP based in New York City.

NYARM is dedicated to raising the standard of excellence for the real estate and property management professionals through education, information, legislative initiatives and a peer network.