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2018_07-24_PWETCpacket
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2018_07-24_PWETCpacket
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Last modified
7/25/2018 11:02:17 AM
Creation date
7/25/2018 10:52:54 AM
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Commission/Committee
Commission/Authority Name
Public Works Commission
Commission/Committee - Document Type
Agenda/Packet
Commission/Committee - Meeting Date
7/24/2018
Commission/Committee - Meeting Type
Regular
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MEALaENERGIES <br />Capital Lease - How It Works <br />Rooftop Ballasted Solar Anay - 39.96 kW DC SilfabSLG370M Solar Panels @ 10'w/40 kWAC SolarEdge <br />Xcel SolarRewards <br />General Service Rate Plan <br />Our Capital Lease Program <br />Purchase, Lease -back, and Power Purchase Highlights <br />Client Green' Solar Leasing <br />1. Is the Fair Tule Owner of the solar army 1. Pet's Purchase Rose to Ideal Energes for Client <br />2. Receives annual of from Creanr Solar Leasing 2. Pays annual rent to Client <br />3. Pays Green Solar Leasing for power generated 3. Receives and uses available tax too is <br />from the solar array 4. Receives and uses available Rebates <br />4. Insures the solar army 5. Operates and maintains solar army for Client <br />6. Bills Grant be Power generated from the solar artay <br />Ownership <br />Our Client purchases theirsolar.may loom Ideal <br />Energies and immediately owns it outright. <br />fCIISM Is the hs tale awnert <br />Facility Lease <br />Under file Facility Lease, Greens Solar Leasing pays <br />Ideal Enegbs for Me solar army, and becomes the tax <br />owner so May can leverage tax beneMxr on the Culebra <br />behalf. The Facility Lease also assigns any rebates to <br />Grans Soler Leasing to pap pay for Me soler array. <br />Immediately after Me purchase, the Client Leases the <br />solar artay m Greens Solar Leasing for annual lease <br />payments, add Greens Solar Leasing operates and <br />maintalns It on Me clear. behatt. <br />Power Purchase <br />The Clieroays Greens Solar Leasing forthe energy <br />generated from the solar army at a discount vs. Wilily <br />Rtes. <br />pull &Call <br />If either party elects to exereise their options [Put <br />Other: Green' Solar Leasing requires the Chem to <br />purchase Greens Solar Leasin98 remaining Interest for <br />Si: or Call Option: the Client requires Greens Solar <br />Leasing to sell its remaining Interest to Me Client at <br />Fair Market Value] the Lease and Power Purchase <br />Agreements terminate, and you will receive Ree <br />energy from your Solar Army thereafterl <br />
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