1. 4/16/2018
WebGen’s Intelligent Use of Energy (IUE) ™ Systems Integrating Industry Expertise with Smart Technology

2. WebGen’s Mission Minimize Energy Consumption While Maximizing Comfort
4/16/2018
WebGen’s Mission
Minimize Energy Consumption While Maximizing Comfort
By Integrating
Industry Expertise And Knowledge of Building Systems
With
Established Artificial Intelligence Control Technology
Equipped with the understanding of how IUE works, we will now illustrate the 4 ways in which is realizes its savings.

3. Representative Customers
4/16/2018
Representative Customers
                                                               
Hobbs Brook Management
Trizec Properties
Bank of America
American Ventures
NYSERDA, State of New York
State of California, DGS
University of Miami, Florida
Fidelity Investments
400 + Buildings Contracted

4. WebGen’s IUE™ Technology
IUE™ Employs Proven
Neural Networking Technology
Based on Building Management
‘Best Practices’
To Regulate And Control Energy
Usage In Real Time.

5. The Result 15-25% Energy Use Reduction
4/16/2018
The Result
15-25% Energy Use Reduction
With Minimal Impact on Tenant Comfort
Through
Always-Active Permanent Load Reduction
Full-Time Peak Load Management (Avoidance & Reduction)
Curtailment & Sale Back to Grid Authority
Virtual Meter Aggregation, D-Gen & Procurement
Equipped with the understanding of how IUE works, we will now illustrate the 4 ways in which is realizes its savings.

6. IUE Allows Building Managers To
Monitor Consumption of Energy Consuming Devices & Meters
Aggregate Data for Buildings, Portfolios, Divisions, etc.
Correlate Consumption Data with Energy Prices, Occupancy, Current Internal and External Environmental Conditions and Real-Time Satellite Weather Forecasts
Continuously “Learn” Device Consumption Patterns and Their Reactions to Change
Forecast Usage & Execute Smart Conservation Strategies
Intelligently Control Devices
Optimize Equipment Settings
Demonstrate, Report & Account for Results in Real Time

7. IUE Technology Enhances Building Automation Systems
BAS
Proactive
Reactive
Acts based on Forecasts
Acts after Events
Intelligent Learning
Pre-Programmed
Multiple-Goal-based
One-dimensional Feedback Loop
Portfolio-Focused
Building-Focused
Continually Optimizing Savings
Follows Rules Until Changed
Auto-Curtails Across Portfolio
Each Building Follows Plan
Creates New Earnings Stream
No New Earnings Stream

8. Figure 3.5 Web-Based Energy Monitoring and Control Systems (LBNL)
Web-Based EMCS
Figure 3.5 Web-Based Energy Monitoring and Control Systems (LBNL)

9. Network Prediction and Agent Control

10. Connecting to IUE
IUE Connects Existing Building Automation Systems (BAS) to the Internet
If No BAS Exists, Equipment is Connected Directly Via WebGen’s Wireless Connectivity Solution
Building Equipment & Meters are Mapped to WebGen’s IUE Servers
Data Exchange Begins, Real-Time Monitoring & Control Signals are Sent Via Secure Internet Connection

11. Logging In
Access system through any standard Web browser with password-protected, encrypted log-in.

12. Detailed Analysis of Consumption
Consumption Analysis
Detailed Analysis of Consumption
kWh consumption over time
Cyclical kw demand
Selectable From and To Dates

13. Actions Taken

14. Savings Detail
Detailed Savings

15. Daily Savings by Agent Strategy

16. System Benefits Tenant/Guest/Employee Satisfaction & Security
Increases Perceived Value and Reduces Costs
Provides Consistent Comfort (space temp, air quality)
Heightens Safety (chemical and substance “sniffer” options)
Stakeholder/Management Bottom Line
Reduces Energy Costs
Eliminates Uncertainty of Energy Price & Capacity
Leads in Conservation & Technology
Increased Asset Value
Lowers Costs--Delivers Higher Capitalized Value

17. WebGen’s Value to Customers
4/16/2018
WebGen’s Value to Customers
A Summary
WebGen Combines Talented & Experienced Technical Experts with Cutting-Edge Technology To:
Quickly Reduce Energy Consumption
Automatically Maintain “Best Practices”
Provide Energy Bill Audits
Provide Alerts When Additional “Tuning” Needed
Correlate Actions Taken with Dollars Saved
Provide Real-Time Reporting
Provide Detailed Analysis of Results
Account for Capacity & Energy Revenues

18. Energy Curtailment For The California Energy Commission June 27, 2002
Bank of America
Energy Curtailment
For
The California Energy Commission
June 27, 2002

19. California Energy Commission Pilot Test
On June 27, 2002, WebGen Systems Intelligent Use of Energy product curtailed 2 Megawatts of power, in 78 Bank of America properties, within the state of California.
The total load of the 78 properties was approximately 9 Megawatts
The time duration was four hours. The test commenced at 2:00 PM, and completed at 6:00 PM, PDST
The following slides display the demand trends for Northern & Southern California, and the aggregate for the pilot test.

21. Financials and Payback Full IUE™ System Cost Summary
4/16/2018
Net Reduction in Energy Spend
10 -15% after payment of all fees, shared savings & revenues
One-Time Installation Cost
$.04 - $.25 per gross sq ft (higher in small buildings)
Annual Maintenance Fee
$.09 per gross square foot
WebGen Share of Energy Savings
25% of reduction below baseline energy spend
WebGen Share of Capacity & Energy Sold
50% of all new ‘demand responsiveness’ revenues generated

22. Financials and Payback Savings & Revenues ( $ Per Square Foot)
4/16/2018
Financials and Payback Savings & Revenues ( $ Per Square Foot)
Annual Energy Savings on $2.50 energy spend* $0.44
10.0% Permanent Load Reduction $0.25
7.5% Peak Load Avoidance & Diversification $0.19
Annual Capacity & Energy Revenues** $0.17
Capacity (.75 $0.08/W) $0.06
Energy (.75 $0.15/kWh) $0.11
Total Annual Savings & Revenues $0.61
*Assumes constant baseline data. Any changes in weather patterns, building occupancy, plug load, lighting load, capital projects will impact savings.
*WebGen does not participate in savings resulting from reduced maintenance, lower staff costs, energy-efficient capital projects, etc..
**Where applicable, assumes sale of $80,000/MWY and $500/MWH (300 hours)

23. Financials and Payback Savings & Revenues ( $ Per Square Foot)
4/16/2018
Financials and Payback Savings & Revenues ( $ Per Square Foot)
Total Annual Savings & Incremental Revenues $0.610
Less: WebGen Maintenance $.09/sq. ft $0.090
Available for Distribution $0.520
WebGen Share of Energy 25% of $.44 $0.110
WebGen Share of 50% of $.17 $0.085
Total Customer Share of Savings & Revenues $0.325
Annual Net Savings to Customer $0.325
Total Customer Energy Cost Reduction = %
Customer Payback on Invested Capital* /-12 months
Minimum Energy Savings to Break Even = 4.7%
*Assumes $.08/ sq. ft. installation cost, amortized over 3 years, and no mitigating ISO funds are available.

24. Financials and Payback Market Cap Impact
Decreased Operating Costs can have a significant impact on the market value of the Asset
Example:
Energy Spend/Sq. Ft. $2.50
Savings & Revenue/Sq. Ft. $0.32
7.5 mm Sq. Ft. portfolio X $0.32 $2.4 million
After-Tax tax rate $1.4 million
Increase in Earnings ($34 to $35.4) 4 %
Price-Earnings Ratio 10 X
Market Cap Impact $14.0 million

25. Transaction Structure Alternatives
4/16/2018
Maintenance Fee + Share of Savings and Revenues
As described
Fixed Fee of $ 0.20 Per Foot Plus 50 % of Sellback Revenues
Fixed Fee of $ 0.28 Per Foot
Pre-Payment
Lease Purchase
Licensing Agreement

26. WebGen History Founded in 1996 as B-W Energy
Bid Partner for New England Generating Plants with Con Edison
Successor Corporation Established in May 2000
Headquartered in Cambridge, MA
Leading Institutional Investors Include:
Bank of America
EMCOR Facilities Services
Greenlight Private Equity Partners
Senior Management Experience as:
Energy Suppliers & Policy Makers
Commercial, Institutional & Industrial Property Owners
Facilities Managers and Equipment Installers
Certified Energy Managers (CEM)
Experts in Artificial Intelligence and Neural Networking

27. Transaction Structure Alternatives
4/16/2018
Maintenance Fee + Share of Savings and Revenues
As described
Three –Year System Lease/Purchase
Purchase Installation
Lease fully-operational system at fixed rate
Negotiated Performance Conditions
Prepaid System Purchase
Purchase Installation and full operation at NPV price