1. Community Solar EnergyCommunity Renewable Energy Solutions, LLCTownship of WillingboroPROPOSAL TO DEVELOP A COMMUNITY RENEWABLE ENERGYGENERATION CO-OPwww.cressolarenergy.com

2. OVERVIEW Community Renewable Energy Solutions, LLCproposes to facilitate the planning andcreation of a local renewable energycollaborative LREC and the developmentof central renewable energy generationsystems CREGS - in the community for thesale of renewable distributed electricity www.cressolarenergy.com 3. ASSEMBLY NO. 2502 This Bill establishes New Jersey PropertyAssessment Clean Energy (NJ PACE) MunicipalFinancing Program. A-2502 provides at financing tool for municipalitieswho wish to facilitate the purchase of solar energysystems by homeowners, or groups of propertyowners acting jointly to share the costs and benefitsof such improvements.www.cressolarenergy.com 4. ASSEMBLY 2502 To implement the program, the New JerseyEconomic Development Authority shallestablish low-cost sources of financing, suchas qualified energy conservation bonds andinvestment from private capital sources, toprovide funding for the purchase of solarenergy systems to interested municipalities.www.cressolarenergy.com 5. ASSEMBLY 2502 This Bill makes energy services moreaffordable for low and moderate incomeratepayers; promotes the lowest cost forenergy for all ratepayers; provides anopportunity for all market segments toparticipate. www.cressolarenergy.com 6. FACILITATION/SCOPE OF WORK Community RenewableEnergy Solutions proposes towork with the TownshipResidents to:1. Conduct feasibility study2. Identify resident participants and public sites3. Work with Township Council to develop a local governmentrenewable energy entity (LGREG entity)4. Work with the BPU and PSE&G to license community systemwww.cressolarenergy.com 7. FACILITATION/SCOPE OF WORK SCOPE OF WORK 5. Review financial options such as fee-in-tariffs, property assessment clean energy (NJ PACE) program, tax free energy bonds private investors etc. 6. Build and train community renewable energy workforce. 7. Review all government programs that offer financing for community renewable energy projects. www.cressolarenergy.com 8. HOW DOES AN LREC IMPACT LOCAL ECONOMIC DEVELOPMENT 1. Community owned,the cost of electric tomembers is controlledand all profits stay inthe community to theshareholders. 2. Workforce needed tobuild out goal of 25MWof solar, is trained fromthe community.www.cressolarenergy.com 9. HOW DOES AN LREC IMPACT LOCAL ECONOMIC DEVELOPMENT 3. With lower electric 5. Opportunity forrates community public-privatemembers have more investment(s).income to spend withlocal businesses. 4. All utility (PSE&G)ratepayers are potentialmembers and as suchhave a right to invest inrenewable energyproducts.www.cressolarenergy.com 10. BENEFITS TO RATEPAYERS AND THE UTILITY COMPANY 1. Adding 25MW of distributed electricity(solar) in our community during peak day timedemand will support the utility company inthe area of demand side management. 2. A 25MW community solar system can bedesigned to create micro-grids whenblackouts occur residents can go off the gridand go on neighborhood systems thatgenerate electricity from bio-fuel, nat. gas etc. www.cressolarenergy.com 11. BENEFITS TO RATEPAYERS AND THEUTILITY COMPANY 3. A partnership with our solar serviceprovider, the BPU, PSE&G and the New JerseyEconomic Development Authority will assurethe funding in some form to be determinedafter a funding study is made. There areseveral options to finance a project of thisscale; energy bonds, private investors, utilityinvestment etc.www.cressolarenergy.com 12. BENEFITS TO RATEPAYERS AND THE UTILITY COMPANY 4. Smart grid development. The rooftop solarinstallation will be net-metered whichrequires a smart meter installation. As moresmart meters are deploy in our service sectormore information is provided to the utility toassist it in demand side management.www.cressolarenergy.com 13. BENEFITS TO RATEPAYERS ANDUTILITY COMPANY 5. As producerconsumers, ratepayersbring down cost ofelectric and earnincome as shareholdersin the community LREC. 6. Local electricproduction avoidstransmission charges.www.cressolarenergy.com 14. BENEFITS TO RATEPAYERS ANDUTILITY COMPANY 7. Every mega wattinstalled generates$3.5-$4 million in localeconomic activity andcreates eight(8) newjobs in the community.With a goal of 25MW,this project wouldcreate between 150 200 new jobs.www.cressolarenergy.com 15. BENEFITS TO RATEPAYERS ANDUTILITY COMPANY 8. Local ownership Reduced greenhousethrough the process ofemissionsgroup investment Improved grid efficiencyproduces greater Defers systemseconomic benefits toupgradesthe community with Alleviates gridjobs, higher propertyvalues and a secure congestionenergy system. Improves reliability,fewer blackoutswww.cressolarenergy.com 16. COMMUNITY RENEWABLE ENERGY SOLUTION CRES.LLC Rebuilding communities for friends and neighbors with renewable energywww.cressolarenergy.com