�Solar City Co-operative

Public MeetingSeptember 13, 2012

�What Community Leaders Think

“Waterloo has been recognized

many times as one of the smartest

communities on earth. Green energy

is smart, and community ownership

is smart, and I applaud the Solar City

Coop for making this opportunity

available in Waterloo Region. Ideas

like this belong in our community,

and I am confident that the people

of Waterloo will make the Solar City

Coop a great success.”

Mayor Brenda Halloran

City of Waterloo

�What Community Leaders Think

“Research shows that in moving

toward a more sustainable future we

have to go local. This is also true for

energy because a significant amount

of energy is lost simply by

transporting it long distances.

Community-owned initiatives such as

Solar City Co-Operative, are playing

an important role in moving us in

that direction.”

Manuel Reimer, Assistant Professor

Wilfrid Laurier University

�What Community Leaders Think

“Waterloo Region has a long history

of both entrepreneurism and co-op

activities. Community Power was

founded here by Sir Adam Beck

nearly 100 years ago, and now the

Solar City Coop is making it possible

for local residents to be part of local

solar energy projects.

Congratulations to the Solar City

Coop for your leadership. I wish you

every success!”

Chair Ken Seiling

Region of Waterloo

�Solar City Co-operative

Public MeetingSeptember 13, 2012

Welcome!

Agenda:

� What is it?

� Membership Benefits

� Project Opportunities & The SCC Business Plan

� The SCC Team

� How To Get Involved

What is the Solar City Coop?

Solar City Coop(manage projects & provide services)

Project ABC Coop(hires SCC, accepts $$ from SCC members)

Project XYZ Coop(hires SCC, accepts $$ from SCC members)

Project 123 Coop(hires SCC, accepts $$ from SCC members)

Members

$100/life Gets me…?

� Lifetime membership

� Access to the membership (learn together!)

� Access to expertise (staff and consultants hired by

SCC to support projects)

� Access to investment opportunities

� Ability to vote on use of surplus funds

Sample Project Opportunities

Lease model:

� Solar City’s Local Project Coop 123 signs a lease

with a local building owner

� SCC recruit’s members from the building (whether

residents or employees), and they get first

opportunity to invest in the project

� SCC solicits investment from other members

thereafter

� SCC finances and develops the project

Sample Project Opportunities

JV Models (vary):

� Solar City’s Local Project Coop ABC signs an

agreement with a developer who will own part of

the project, and the SCC will own the other portion

of the project: revenues are shared, and the project

portions are financed independently.

Sample Project Opportunities

Developer Financed Model:

� Developer finances and develops the project, and loans money to SCC to buy a portion of the project

� Revenues from the project are used to pay the developer for the loan

� SCC can raise memberships and member investments to pay the loan off faster

� SCC effectively gets a project at $0 down

Co-ops are Important

Ranking Properties for Every Application:

1) Set Aside [Yes/No]: Two ways to get it.

(i) Co-op owns 51% or more & 50 local members or;

(ii) Aboriginal community owns 51% or more.

2) Priority Points: Ranges from 1-11 points.

3) Timestamp: Ranges from December 2010 – November 2012.

Set-

Aside

Priority

Points

No

Yes

Applications with

highest points first

Then applications with

earliest timestamp first

Applications with

highest points first

Then applications with

earliest timestamp first

All Set Aside projects will

be awarded before any

non-Set Aside projects.

Meet our Team!

Board of Directors

� Felix Munger – Co-Chair

� Founding Partner of the Sustainable Societies Consulting Group

� Facilitator and Consultant with significant experience in community health and environmental sustainability

� PhD Candidate in Community Psychology

� Derek Satnik – Co-Chair

� Energy Engineer with 10 awards and recognitions, municipal through international, in green buildings and green energy

� Considered a national expert on solar & wind energy

� Helped author the Green Energy Act

� Vice-Chair of Ontario Sustainable Energy Association, member of many other high profile boards and committees in renewable energy / green building (CaGBC, Built Green Canada, NZEHC, OCAA, Sustainable Waterloo, CREW, …)

Board of Directors

� Larry Freiburger - Treasurer

� Principal of AET Group Inc., an environmental consulting firm with expertise in ecology, waste, building sciences, energy and environmental management

� Certified Environmental Professional, Energy Advisor and a LEED accredited professional

� 35 years of professional experience & 20 years of project management and sustainable design applications experience

� Mümtaz Derya Tarhan - Secretary

� Local Economic Developer with a specialization in renewable energy co-operatives and Ontario’s Community Power sector.

� Founding Director of The Community Power Report, a global community-based clean energy news hub

Board of Directors

� Jake Roelofsen

� 30+ years of experience in Business Management, Construction, Project Management, Information Technology and Safety

� Currently working as a Project Manager in Ontario’s renewable energy industry

� Experience in the full-cycle of solar projects

� Amro Tonbol

� Professional and academic experience in renewable energy, climate change and sustainable development

� Local Economic Development Master’s Candidate with a focus on Solar Photovoltaics in least developed countries

What do we Need?

� Members!

� More expertise on the Board: legal & finance

� Members!

� Project partners

� Members!

� Twitter followers, … spread the good news!

How Do I Get Involved?

� Join as a member! ($100 one time, member for

life): by cheque or via paypal on our website

� Bookmark the website (www.solarcitycoop.com)

� Join our marketing team

� Help recruit additional members

� Help us identify potential project partners

Thanks!

Q & A?