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Client <br />1. Is the Fee Title Owner of the solar array <br />2. Receives annual rent from Green2 Solar Leasing <br />4. Insures the solar array <br />Green2 Solar Leasing <br />Ownership <br />Our Client purchases their solar array from Ideal <br />Energies and immediately owns it outright. <br />(Client is the fee title owner) <br />Power Purchase <br />The Client pays Green2 Solar Leasing for the energy <br />generated from the solar array at a discount vs. utility <br />rates. <br />Facility Lease <br />Under the Facility Lease, Green2 Solar Leasing pays <br />Ideal Energies for the solar array, and becomes the <br />tax owner so they can leverage tax benefits on the <br />Client's behalf. The Facility Lease also assigns any <br />rebates to Green2 Solar Leasing to help pay for the <br />solar array. Immediately after the purchase, the <br />Client Leases the solar array to Green2 Solar Leasing <br />for annual lease payments, and Green2 Solar Leasing <br />operates and maintains it on the Client's behalf. <br />Purchase, Lease-back, and Power Purchase Highlights <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 />1. Pays Purchase Price to Ideal Energies for Client <br />3. Pays Green2 Solar Leasing for power generated <br />from the solar array <br />Put & Call <br />If either party elects to exercise their options [Put <br />Option: Green2 Solar Leasing requires the Client to <br />purchase Green2 Solar Leasing's remaining interest for <br />$1; or Call Option: the Client requires Green2 Solar <br />Leasing to sell its remaining interest to the Client at Fair <br />Market Value] the Lease and Power Purchase <br />Agreements terminate, and you will receive free Energy <br />from your Solar Array thereafter! <br />Capital Lease - How It Works <br />Rooftop Ballasted Solar Array - 39.96 kWDC Monocrystalline370W Solar Panels @ 10° w/ 40 kWAC SolarEdge <br />Xcel SolarRewards <br />General Service Rate Plan <br />Our Capital Lease Program <br />Lease Agreement <br />Power Purchase Agreement <br />Put & Call Agreement <br />Client <br />Owns solar array; leases <br />solar array & roof to <br />Green2 Solar; Buys solar <br />array's energy <br />iDEAL <br />Sells & Installs <br />Client's Solar Array <br />Green2 Solar <br />Leases,operates and <br />maintains solar array <br />pays rent;Sells solar <br />array's energy to Client