Mix or stir butter with peanut butter until smooth. Add brown sugar and granulated sugar and mix until creamy.

Beat in vanilla, egg, baking powder, baking soda, and salt. Mix in flour slowly until cookie dough forms.

Stir in chocolate chips. Scoop 2 tablespoon sized cookie dough balls onto cookie sheets covered with parchment paper or silicone baking mats. Chill 30 minutes.

Bake cookies for 8-12 minutes, or until slightly brown on the bottom and the top just loses the wet cookie dough look.

Store in an airtight container for up to 3 days or freeze for up to one month.