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1264 Energy Lane <br /> Saint Paul, MN 55108 <br /> www.allenergysolar.com <br /> NOTE: In addition to our Project References, below is a cross-section of our <br /> Customer Map, highlighting projects that we have successfully completed in St. <br /> Anthony Village and neighboring areas. <br /> Project Financial Performance <br /> Please see attached Project Proposal at the end of this document which outlines in further detail the <br /> solar array’s features and benefits: <br /> ○ Initial Project Cost: $109,069 <br /> ○ Total $ / Watt: $2.11 <br /> ○ Solar on Public Buildings (60% of Project Cost): $65,441 <br /> ○ Production meter included, based on real-world weather data via PV Watts . <br /> ○ City of Robbinsdale would qualify for the IRS 30% Direct Payment of the <br /> equivalent Tax Credit. <br /> ○ The Inflation Reduction Act’s “elective pay” (often called “direct pay”) allows <br /> tax-exempt and governmental entities to receive a payment equal to the full value <br /> of tax credits for building qualifying clean energy projects. <br /> ○ Ths project was required or requested to be built at prevailing wage labor rates <br /> regardless of the IRA requirements, therefore we have adjusted our project <br /> pricing to account for this increase based on the proposed systems we are <br /> suggesting today. Please inquire with our team for any additional clarifications. <br /> ○ Solar would earn annual net metering via the General Service meter on site as <br /> well as the PV Rider Production Credit via Xcel’s offerings. <br /> Proprietary & Confidential - please do not Redistribute