1. BerkeleyFIRST Financing Initiative Renewable and Solar Technology Mimi Frusha, Renewable Funding October 10, 2008 1

2. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Agenda  Pilot Program Process  Pilot Key Dates  Information & Eligibility  On-line Application & Payment Request 2

3. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Pilot Program Process Application + Allocation + Approval (30 days)Solar Installation (max 270 days)Payment Request + Confirmation (max 14 days)Tax Lien on Property (max 5 days)Payment Issued (max 5 days)Repayment Over 20 years 3

4. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Pilot Key Dates Wednesday November 5 th 9AM On-Line Application Opens Wednesday November 19 th 9AM On-Line Application Closes Thursday November 20 th 5PM Property Owners Notified of Slot Allocation Wednesday November 26 th 5PM Reservation Fee Submission Deadline Wednesday December 3 rd 5PM Application Approval Notification 4

5. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Information Needed  Valid Email Address  Name of Property Owner(s) and Address as Appears on Property Title  Name, Date and Initial Bid Amount from Qualified Solar Installer  Debit or Credit Card Information to submit reservation fee 5

6. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Eligibility  Property must be located in the City of Berkeley  Applicant to the FIRST Program must be an owner on the property title  All owners on the property title must agree to the terms of the program and sign the required FIRST documents  Before requesting funding, property owner must ensure that their property meets the City’s RECO/CECO  Property owners must participate in the California Solar Initiative Rebate program and use a qualified installer å6

7. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC BerkeleyFIRST Home Page 7

8. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC BerkeleyFIRST Application 8

9. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Property Qualification Screen  property owners listed on the application are the owners on the property title as shown in the County’s real property records  there are no notices of default (mortgage, property taxes, or any other type) within the past 3 years or since ownership  there are no tax liens as the result of a failure to pay taxes in excess of $500 within the past 3 years or since ownership 9

10. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Property Qualification (Cont.)  property owners are on current on all property taxes over the past two years or since ownership  there are no current mechanic or other involuntary liens in excess of $1000 10

11. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC BerkeleyFIRST Check Status 11

12. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Required Documentation  an executed Unanimous Consent Approval, by which the property owner will annex the benefited property to the Special Tax District  an executed Verification of Information and agreement to program Terms & Disclosures  additional documents required by the City including:  PGE Authorization to Release Information  CSI Authorization to Release Information  RECO/CECO Certification 12

13. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Required Documentation (Cont.)  signed final permit inspection from the City's Building Department  a final invoice from their solar installer  a copy of the California Solar Initiative Rebate Reservation Letter  REMINDER: All property owners must sign the documents provided by the City and FIRST Program administrator. The Unanimous Consent Approval must be notarized. 13

14. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC Next Steps 14  Ensure your customers are aware of the application timeline, key dates and program details (i.e.: RECO/CECO)  Make sure your customers have their initial bid  Encourage your customers to apply promptly as there 5 slots per a district, 40 total slots

15. www.berkeleyfirst.renewfund.com Powered by Renewable Funding, LLC BerkeleyFIRST Application Site 15 www.berkeleyfirst.renewfund.com

16. Powered by Renewable Funding, LLC 16 Questions Renewable Funding develops and delivers innovative solutions for renewable energy and energy efficiency financing. tel 510.451.7903 fax 510.451.7904 mimi@renewfund.com www.renewfund.com