United Power Solar Farm

United Power / Brighton Colorado

Who We Are:

Service Territory – Northern Denver Metro Area Serves 69,000 meters Xcel Energy serves the Denver area Rapidly growing area Becoming more urban than rural Commercial load is increasing

Traditional Solar Rebate / 2009 Program

United Powers first renewable rebate program Partnered with the State of Colorado / Governors

Energy Office Total of $60,000 available – fixed Currently - No surcharge on rates to generate cash

flow to fund program. Created a solar lottery / not a solar program

Traditional Solar Rebate Program

Limited Money $ 60,000 (2012) Limited Systems 27 systems Limited Customers

Must be Homeowner Proper solar orientation of roof No shading issues Minimum installed costs after rebates > $ 10,000

Current EE Programs rebate in the $10’s or $100 Average solar rebate - $2,250

Sol Partners Program

No utility rebate money used System grows to extent customers participate Unlimited Customers

Does not need to be a Homeowner Does not need the proper solar orientation No customer shading issues Minimum costs to participate - $ 1,050 Customer can add to system as funds available Can transfer credits or ownership

Creates an ongoing utility solar program not the existing solar rebate lottery.

Sol Partners Program

A Co-op idea with multiple owners Customer writes check – UP installs, maintains,

insures. No hassles, customer instantly on solar Utility Perspective

Controls generation at one location Potentially No rebates or rate subsidies from other customers Doesn’t compete with our Time-of-Day programs Highly visible, publically accessible for educational purposes No Interconnection Agreement or customer liability insurance State or utility could buydown cost of panel thru rebate process

Sol Partners Program

Customer Perspective Opens up solar to everyone – renters, homeowners, developers Customer can buy additional panels at any time Would receive retail rate for generation Customer can transfer credits or ownership at any time Don’t need to be a customer to buy panel, only to apply credits Donate credits to charity or school district Data available on internet so everyone can watch it grow Customer purchases panel - has solar credits immediately

Construction Completed May 2009

Solar Farm Figures

Panel Size 220 Watts Cost Per Panel $1,050 Lease Period 25 Years Panels in Farm 96 Est Panel Output 30 – 35 kWh / month Est Farm Output 3,100 kWh / month Est Panel Credit $45 / year

Solar Farm Contract

25 Year Lease Residential Max 10 kw Commercial Max 25 kw Install / Maintain / Insure United Power retains REC’s Buy-out Clause Electric credits tied to Location Wheeling vs Rebate Program

Marketing

Newsline – Monthly Publication Brand Name & Logo Founders Club Web-Site Charity Developers / HOA Grand Openning Utility Rates

Founders Club - ?? Members

Customers who sign up for the first module of 48 panels

Online Internet Monitoring Tools

Exclusive Limited Edition Art for Founders Club Members

Questions?

Visit our web-site at: www.unitedpower.com

Jerry Marizza – 303-637-1300 YouTube Video of our Grand Opening

Customer Leasing Agreement FAQ Section

Solar Calculator Live streaming data

For More Information