2011 Proposed Application Processing Changes and FC3 Updates

1. 2011 Proposed Application Processing Changesand FC3 Updates Tammy Gray REIP Senior Operations Specialist

2. 2011 New SRP Applications * EFSI – EDC Financing Solar Incentive

3. SRP Acceptance Letters • 12 month commitment from date of letter • ESFI Projects (JCPL, RECO, ACE) • If you are accepted into the solicitation a new expiration date will be assigned based on the date of the signed board order/Purchase Sale Agreement (PSA) • Note, a new acceptance letter will not be mailed out.

4. 2011 SRP Final As Built Paperwork • (a) continue to be required by the EDC It is preferred that the interconnection completion document be submitted on or before the expiration date with the Final As Built paperwork. If the interconnection document is not submitted on or before the expiration date, there will be no penalty.

5. 2011 CORE & REIP Final As Built Paperwork • (a) continue to be required by the EDC

6. Approved REIP Funding Cycle 3 (FC3) • As of the week of 12/6 we have reviewed and approved 938 REIP • applications (Apps received thru 10/18) • Approx 301 additional applications can be approved (50 per week/6 weeks)

7. SRP Application Trend 430 469 449 384 280 191 90 63 54 30 29 21 Approved SRP applications received through 10/8 Reviewed SRP applications received thru 10/25