Minutes

Recent Media Attention in NH

NON LEADER

NH Town Saving Money

with Solar

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Ribbon Cuttings & Public Events

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CA) REVISION ENERGY

Marketing Partnership Options

ReVision believes telling your clean

nergy story advances your mission mex MARKETING PARTNERSHIP OPTIONS
e ° We want to help you grow your business by using your solar Project to attract new customers
and ours. We're eager to help with: srs yeu.

ig customers, ReVision Energy has 5 proven techniques

to help you make the most of your solar investment:

Say Hello to our 25,000 Friends o.oo.

Community Engagement

(Q) REVISION ENERGY

ReVision Solar Impact Partners

¢ ReVision Solar Impact partners
(RSIP) builds on ReVision’s decade
of experience bringing solar PPAs
to over 120 local nonprofits

e To overcome the financial barrier,
RSIP aggregates private tax equity
financing and low-cost debt to
scale nonprofit solar projects

e RSIP helps mission-driven investors
accomplish their financial goals
while providing local nonprofits
access to solar below-market rates

(Q) REVISION ENERGY

City of Nashua: 5 Site Aggregate PPA
40-Year Cost of Solar vs. Grid Electricity

$0.203
$0.20
Solar Utility
$0.16
= $0.123
~ $0.12
cc)
o. $0.085
O ———
$0.04
$0.00
Solar PPA Solar PPA Solar Utility Utility
(Yr6B/O) (Term) Purchase (2.5% Esc.) (0% Esc.)

(Q) REVISION ENERGY

City of Nashua Solar Arrays - Phase 1
Long-lerm Cost Savings vs. Utility

$1,400,000

— Solar PPA (Yr 6 B/O
$1,200,000 ar PPA (Vr

eee Term PPA

$1,000,000
$800,000
$600,000
$400,000

$200,000
$0
($200,000)

Savings vs. Utility

0 5) 170 15 20 25 30 35 40

Year of Ownership

QD detalii

Solar Financial Overview

Cost to Build (investor partner) $502,800
Upfront Cost to City of Nashua $0

PPA Rate for City of Nashua 8.8 cents/kWh
PPA Rate Escalator after Year 1 2% per year
Year 6 Optional Buyout Cost $301,680

25 Year Net Savings (incl. buyout) $483,000

40 Year Net Savings (incl. buyout) $1.27 million

(Q) REVISION ENERGY

Solar PPA Structure

ReVision Impact Investor City of Nashua

> Provide capital and form solar LLC > License roof/ground space for solar
> Build, own, operate array 5+ years 4
» Recoup investment through:

* Federal tax credit, depreciation

.> Purchase solar electricity produced on
site at below-market rates
"> Purchase solar array in year 6 or later

Municipal Solar Financing

Challenge: Cities Cannot Access Solar Incentives

* Solar investment tax credit/depreciation only apply to tax liability
* Outright purchase would typically require 15-20 year payback
¢ Many cities cannot afford up-front cost or cash flow impact

Solution: Solar Power Purchase Agreement (PPA)

¢ City licenses roof/land to third-party finance partner for solar
¢ Finance partner builds, owns, and operates solar array for 5+ years
« Finance partner sells power from solar to City at a discount