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Solar Currents TM Rebuild Ypsilanti Julie Londo August 26, 2010

Solar Currents TM Rebuild Ypsilanti Julie Londo August 26, 2010. Detroit Edison Solar Currents TM Pilot Program. Customer-Owned Pilot Program. DECo-Owned Pilot Program. Approximately 5MW through Renewable Energy Credit (REC) contracts Customer funds and owns solar equipment.

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Solar Currents TM Rebuild Ypsilanti Julie Londo August 26, 2010

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  1. SolarCurrentsTM Rebuild YpsilantiJulie LondoAugust 26, 2010

  2. Detroit Edison SolarCurrentsTM Pilot Program Customer-Owned Pilot Program DECo-Owned Pilot Program • Approximately 5MW through Renewable Energy Credit (REC) contracts • Customer funds and owns solar equipment • Approximately 15MW of Detroit Edison-owned solar assets • Lease large rooftops or utilize DTE facilities

  3. SolarCurrentsTM Pilot Programs Customer-Owned Solar Pilot Detroit Edison-Owned Solar Pilot • 5 MW in Total nameplate capacity • $25 Million in available funding • Customers install solar systems to meet their electrical needs per the Net Metering guidelines. • Long-term contracts to purchase Renewable Energy Credits (RECs) • Pre-pay a portion of the RECs to help customers offset the upfront costs of solar installations. • 15 MW in Total nameplate capacity • $112 Million • Detroit Edison to seek ideally sited, sized and configured locations through standard site leasing agreements. • Detroit Edison to gain knowledge and experience in such activities as: • Identifying optimal sites • Developing design specifications to ensure safe and seamless integration into the utility grid. • Establishing safe and streamlined interconnection process that are well-suited for solar applications.

  4. SolarCurrentsTM Customer-owned Program Requirements • Eligible Technologies: Grid-Connected Solar Photovoltaic (PV) • Eligible System Size: Single Installation ≥ 1 kW and ≤ 20 kW • Eligible Systems: • New PV installed in 2009 & 2010 • Existing PV systems with a valid Detroit Edison Parallel Operating Agreement installed after Jan. 1, 2005 • Eligible Customers must: • Purchase energy from Detroit Edison for the term of the contract • Have a positive payment history with Detroit Edison (no past due balance for 6 months, and no checks returned for insufficient funds in the last 12 months) • Agree to participate in the Detroit Edison Net Metering (Rider 16) program • Complete the Interconnection application within 90 days of submitting the SolarCurrents application • Program Size (Budget): Limited to a maximum of $25 Million. This is expected to support at least 5 MW of installations with at least 2.5 MW residential. • Incentive Structure: Up-front REC payment and ongoing REC payments • Contract Term: 20 years

  5. SolarCurrentsTM Program Incentives • 2009 and 2010 Incentives • Up-Front Payment of $2.40 per watt of DC installed nameplate capacity, paid by check after successful completion of Interconnection and SolarCurrents program requirements. • Systems installed prior to 2009 will receive a pro-rated up-front payment (see sample contract on our website for details). • Ongoing REC Payments of $0.11 per kWh generated, paid by a credit on customer’s monthly Detroit Edison electric bill for the length of the contract (20 years). • 2011 Incentives • Incentives currently in place for 2009/2010 will remain the same for the 2011 calendar year.

  6. Program Improvements Since 9/1/09 Launch • Third Party payments of up-front incentive to lending institutions which makes it easier for interested customers to obtain financing and provides more options when considering the SolarCurrents program • Adding additional solar load to an existing system; an easy-to-use addendum to the original contract; contact our team when you are ready we will provide the document

  7. Customer-Owned SolarCurrentsTM Pilot Program Progress since program launch on 9/1/09: • 122 customers fully commissioned in program - 104 residential - 18 commercial/government/schools • Represents 573 kW enrolled in the SolarCurrents program • $2.7M of up-front REC payments processed to date • Approx 100+ applications are in-process SolarCurrents Customer Contact Line: 313-235-4SUN (4786) Website: www.dteenergy.com/solar

  8. Incentives Available toSolarCurrentsTMProgram Participants • EXAMPLE • A typical 4 kW residential installation may cost $32,000 and require about 500 sq ft of roof space. • Incentives • Detroit Edison up-front REC payment of $2.40 per watt, or $9,600 • Detroit Edison ongoing REC payments of 11¢ per kWh generated, totaling $10,021 over 20 years • Federal Tax incentives of 30% • Reduction in electricity bills due to self generation and net metering

  9. SolarCurrentsTM Makes Solar Energy Up to 50% More Affordable

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