REBATES & SOLAR RENEWABLE ENERGY CREDITS (SREC)

For Solar Asset Owners

State, municipal or local incentives represent a large component in ROI
Based on actual performance throughout the first five years of operations
Incentives are paid out each month upon submission of production reports meeting revenue-grade accuracy and scheduling requirements
SRECs are highly valuable in certain states like New Jersey where there is an active trading market
Subject to risk of losing an important revenue source and cash flow

For Project Lenders

Major part of loan payments from project owners over the multi-year financing terms
Subject to risk of default due to non-payments
Incentives are paid out each month upon submission of production reports meeting revenue-grade accuracy and scheduling requirements
SRECs are highly valuable in certain states like New Jersey where there is an active trading market
Subject to risk of losing an important revenue source and cash flow