Affordable Solar Energy Systems for Qualifying Connecticut Homeowners

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The CT Solar Lease Program

• Affordable Solar Energy Systems for Qualifying
  Connecticut Homeowners
• Connecticut Leads the Way
• With The First Rate Payer Supported Residential
  Leasing Program for Solar Energy.
• The Connecticut Clean Energy Fund and CT Solar
  Leasing
• Have combined the power of CCEF's innovative
  Solar Rebate program and the financial power of
  leasing to create an unbeatable way for
  qualifying homeowners to add solar energy to
  their homes for the lowest possible cost.

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The CT Solar Lease Program- Overview

• Bottom Line
• Finally, a focus on middle income homeowners
  over 80 of all homeowners meet the income
  thresholds
• Who can now install a complete Solar PV system
  with
• No Money Down and
• Fixed Monthly Payments of about 120 for a
  typical 5 kW system

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The CT Solar Lease Program- Moving to Full Stride

• Over 1,000 Applications in initial months
• 72 Approval Rate on Installer Applications
• 231 Closed, 306 Pending
• Rapidly growing usage by CT solar companies
• Model program being emulated by other states as
  state of the art way to finance solar,
  especially for middle income market

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The CT Solar Lease Program- Moving to Full Stride
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The CT Solar Lease Program- Moving to Full Stride
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The CT Solar Lease Program- Closings Across the
State
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The CT Solar Lease Program- Overview

• Whats the Magic Formula?
• Combining the Power of
• The Existing CCEF Rebate Program
• The Tax Advantages of an Innovative Leasing
  Program which eliminates the down-payment for the
  consumer
• An Attractive Lease Rate made possible by CCEF
  and Federal Investment Tax Credits

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CT Solar Lease - Who is Eligible?

• The CT Solar Lease Program is for Connecticut
  homeowners customer of CLP and UI installing
  qualifying PV Solar systems whose household
  income is 200 or less of their areas median
  income.

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CT Solar Lease A Tremendous Financial Incentive
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CCEF Solar Lease Consumer Credit Guidelines

• Broad credit approval, even in todays market
• 640 if salaried (or fixed income)
• 680 if self-employed for at least 2 years
• 720 if self-employed less than 2 years
• No Bankruptcy in last 7 years
• DTI (Debt to income) - total monthly obligations
  to total monthly income 50 for all credit
  scores

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Thank You!

• AFC First / CT Solar Leasing
• Bob Groegler, CT Lease Manager
• John Hayes, President, AFC First
• Jennifer Allen, Program Manager
• Peter Krajsa, CEO, AFC First
• Adam Stern, CT Solar Leasing
• Gary Kleiman, CT Solar Leasing
• [phone]
• ctsolarlease.com
• afcfirst.com
• Connecticut Clean Energy Fund
• Angela Perondi-Pitel
• 860-257-2362 ctcleanenergy.com