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IDEAL ENERGIES <br />J� A GREEN COMPANY - <br />Capital Lease = How It Works <br />Ground Mounted Solar Array - 39.96 kWDC SilfabSLG370M Solar Panels @ 30° w/ 40 kWAC SolarEdge <br />Xcel SolarRewards <br />General Service Rate Plan <br />Client <br />1. Is the Fee Title Owner of the solar array <br />2. Receives annual rent from Green' Solar Leasing <br />3. Pays Green' Solar Leasing for power generated <br />from the solar array <br />4. Insures the solar array <br />Ownership <br />Our Client purchases their solar array from Ideal <br />Energies and immediately owns it outright. <br />(Client is the fee title ownerl <br />Facility Lease <br />Under the Facility Lease, Green' Solar Leasing pays <br />Ideal Energies for the solar array, and becomes the tax <br />owner so they can leverage tax benefits on the Client's <br />behalf. The Facility Lease also assigns any rebates to <br />Green' Solar Leasing to help pay for the solar array. <br />Immediately after the purchase, the Client Leases the <br />solar arrayto Green' Solar Leasing for annual lease <br />payments, and Green' Solar Leasing operates and <br />maintains it on the Client's behalf. <br />Green Solar Leasing <br />1. Pays Purchase Price to Ideal Energies for Client <br />2. Pays annual rent to Client <br />3. Receives and uses available tax benefits <br />4. Receives and uses available Rebates <br />5. Operates and maintains solar array for Client <br />6. Bills Client for Power generated from the solar array <br />Power Purchase <br />The Client pays Green' Solar Leasing for the energy <br />generated from the solar array at a discount vs. utility <br />rates. <br />Put & Call <br />If either party elects to exercise their options [Put <br />Option: Green' Solar Leasing requires the Client to <br />purchase Green' Solar Leasing's remaining interest for <br />$1; or Call Option: the Client requires Green' Solar <br />Leasing to sell its remaining interest to the Client at <br />Fair Market Value] the Lease and Power Purchase <br />Agreements terminate, and you will receive free <br />Energyfrom your Solar Array thereafter! <br />