Essex Power Services, Inc.
55 Union Street, 4th Floor
Boston, Massachusetts 02108
Allocation of Surplus Amount based on generation between JM and MF
Month JM Generation MF Generation
January 639,330 1,317,721
February 572,404 1,681,460
March 446,978 1,837,944
April 819,665 4,970,521
May 319,222 1,132,484
June 42,836 401,073
July 0 258,100
August 0 1,156,753
September 0 892,704
October 448,477 1,305,511
November 519,338 1,871,708
December 509,268 2,127,562
Totals 4,317,518 15,953,540
Grand Total 20,271,058
% of Total 21% 79%
JM Share of Surplus Amount
Surplus Amount - Amount of Gross Revenues subject to 20% admin fee $21,546.27
JM % of total year's generation between both projects xX 21.30%
JM share of Surplus Amount $4,589.12
Q4 JM Revenue $152,482.68
Back out JM share of Surplus Amount -$4,589.12
JM Q4 Adjusted Gross Revenues for 10% Admin Fee Calculation $147,893.56
MF Share of Surplus Amount
Surplus Amount - Amount of Gross Revenues subject to 20% admin fee $21,546.27
MF % of total year's generation between both projects x 78.70%
MF share of Surplus Amount $16,957.14
Q4 JM Revenue $399,021.75
Back out MF share of Surplus Amount -$16,957.14
MF @4 Adjusted Gross Revenues for 10% Admin Fee Calculation $382,064.61
Check Cells
Total Q4 JM Revenues $152,482.68
JM share of Surplus Amount (for 20% Admin Fee Calculation) $4,589.12
JM Q4 Adjusted Gross Revenues for 10% Admin Fee Calculation $147,893.56
$152,482.68
Total Q4 MF Revenues $399,021.75
MF Share of Surplus Amount (for 20% Admin Fee Calculation) $16,957.14
MF @4 Adjusted Gross Revenues for 10% Admin Fee Calculation $382,064.61
$399,021.75
