Laserfiche WebLink
_ - GERONIMO <br />ENERGY <br />Example Community Solar Garden —Transaction Structure <br />No upfront investment is required from Subscriber <br />Subscriber will subscribe for up to a 40% share in one or more individual 1 megawatt (MW) gardens <br />developed by Geronimo Energy <br />Geronimo Energy will enter into a 25 year Solar Garden Subscription Agreement with Subscriber <br />o Price set at Solar Garden Credit Rate (Xcel's Applicable Retail Rate) Minus 1.0 cent/kilowatt hour (kWh) <br />➢ Example: 1st year Solar Garden Rate of 11.5 cents/kWh (credit on Customer bill) <br />A Solar Power Purchase Agreement for that year would be 10.5 cents/kWh <br />➢ Ensures 1.0 cent/kWh savings for Customer <br />6 Transferrable to other Subscriber facilities or entities should Subscriber change locations or close a <br />store/facility <br />Geronimo will bear development, construction and operational cost risk of the protect <br />o Will align incentives to maximize solar generation <br />Proprietary -7nrq Confidentir; s ww-geronimoene gy.com <br />18 <br />