[1] SunShare Colorado Free for Life Community Solar Services Agreement – v3.5.21 – Existing Lead – CONFIDENTIAL

ENROLLMENT INSTRUCTIONS

Welcome to SunShare!

To begin your enrollment and reserve your space in a community solar garden, you’ll be asked to sign three documents: your SunShare Community Solar Services Agreement with us, and two Xcel Energy forms, authorizing us to evaluate your past electricity usage to determine the size of your community solar subscription, and to place you into a community solar garden so that you will receive Bill Credits on your utility bill. Please click Agree and Sign in the bottom right corner after signing each of these documents, and note that the documents need to be signed by the Primary Account Holder on your bill.

Please note that this Agreement includes hyperlinks to Attachments for your review. You can access them at the following link: SSA Attachments. There is no need to sign any of these attachments at this time; they are included for informational purposes only.

SunShare considers our subscriber contract a confidential, non-public document. Therefore, please do not disclose this document to non-affiliated third parties (including posting it on the Internet), except your family members, attorney, or others with a bona fide need to review. NOTE THAT YOU MAY CANCEL WITHIN THREE BUSINESS DAYS OF SIGNING THIS AGREEMENT.

Once you have signed these documents, you will receive three emails from us with the fully-executed versions. If you have any questions at all, please feel free to reach out to us at 800.793.0786 or customercare@mysunshare.com. We look forward to working together to make the world a cleaner, brighter place!

The SunShare Team

RESIDENTIAL COMMUNITY SOLAR SERVICES AGREEMENT

This agreement is entered into between You and the Company:

Company: SunShare, LLC, 1724 Gilpin Street, Denver, CO, 80218

Community Solar Subscriber (“You”):

Mailing Address: , , ,

Email Address:

Phone Number:

Community Solar Subscription Service Address with Xcel Energy:

Service Address: , , ,

Xcel Energy Account Number:

Selected Plan: Free for Life

Selected Offset:

Agreement Term: 20 Years

Expected Year 1 Community Solar Rate and Bill Credit Rate: $0.08536 per kWh

Cancellation Options: Flexible, with 90 days’ notice

Assigned Community Solar Garden: To be designated by us in the future based on availability

SUMMARY OF SPECIFIC TERMS

Billing: Once your community solar garden is active, you'll receive two (2) bills every month ─ one from SunShare and one from Xcel Energy. The net difference of the two bills will always be $0!

Eligibility: Your participation requires either Autopay Enrollment or a Credit Check. If you have elected Credit Check, the check will be performed upon receipt of your signed documents. If you have elected Autopay, you will be automatically enrolled in Autopay for your first SunShare bill after you have been placed into a community solar garden.

Agreement Term: The length of your SunShare agreement is simply the length of the agreement between SunShare and Xcel Energy to deliver solar energy onto the power grid. This is also the length of time for which you are guaranteed to receive Bill Credits from Xcel Energy on your utility bill.

SunShare Community Solar Rate and Bill Credit Rate: These two rates are the same, but you will receive two separate bills. The SunShare Community Solar Rate is the rate you will pay to SunShare for each kilowatt hour of electricity the community solar garden generates on your behalf. The Bill Credit Rate is the rate you will receive on your Xcel Energy utility bill for each kilowatt hour of electricity the community solar garden generates on your behalf. Typically, the bill credit rate changes every year, and your community solar rate will be adjusted to match it. Regardless of the Bill Credit rate, your total out-of-pocket net cost will always be $0!

Cancellation Options: You can cancel with 90 days’ prior written notice with no penalty.

Other Important Items: THIS IS NOT AN INVESTMENT CONTRACT OR SECURITY. WE ARE NOT A COOPERATIVE. YOU ARE NOT AN OWNER OF US OR THE SOLAR GARDEN.

COMMUNITY SOLAR SUBSCRIPTION TERMS & CONDITIONS

Terms of Service. By signing this Agreement, you agree to the Terms of Service.
Effective Date; Term. This Agreement is effective upon execution. Your Xcel Energy account number will be validated in Xcel Energy’s portal for the Solar Garden. After that validation, you will start to receive Bill Credits from Xcel Energy toward your retail electric service bill (your “Bill Credits”). The first day of the month that you receive Bill Credits is referred to as the “Commencement Date.” The term of this Agreement starts on the Commencement Date, and continues for 240 calendar months after the commercial operation date (“Commercial Operation”) of the Solar Garden, unless you give us at least 90 days prior written notice of your desire to terminate this Agreement (the “Term”). While this Agreement is effective when signed, the Term does not begin until the Commercial Operation Date. The rate applicable to your Monthly Subscriber Payment will be based on the Bill Credit rate in effect at the time you begin receiving Bill Credits. Our responsibility to facilitate the application of Bill Credits by Xcel Energy will terminate at the end of the Term.
Customer’s Production Capacity. You are subscribed to the amount of production capacity (your “Production Capacity”), in kilowatts, based on a percentage of your historic annual energy use. We will set your Production Capacity at the percentage of your historic annual electricity use shown on the cover page of this agreement, and may adjust it from time to time based on changes in your usage. We measure the amount of solar energy produced by your Production Capacity in kWh and refer to that energy in this Agreement as your “Solar Energy.”
Monthly Payments. Unless otherwise set forth in this Agreement, the payment amount you owe us (“Monthly Subscriber Payment”) during the Term is equal to the kWh of Solar Energy produced and delivered from the Solar Garden to Xcel Energy during a production month, multiplied by the price per kWh in effect during the month in which the production occurs. Your Monthly Subscriber Payment Schedule will be calculated based on the applicable Bill Credit rate in effect at the time of each monthly bill. You will only be charged a Monthly Subscriber Payment for Bill Credits you receive. You agree to pay the full Monthly Payment by the Due Date on your invoice. We prefer you make monthly payments through automated funds transfer and may charge a processing fee to cover the cost of accepting your payment by credit card, debit card, or check.
Late Payments; Disputed Invoices. If you pay us late (after the Due Date listed on your invoice), we have the right to charge you interest on the unpaid balance at the rate of two percent (2%) per month, or at any lesser maximum rate permitted by law, until you have fully paid your past due balance. If you dispute all or a portion of an invoice from us, or if any other claim or adjustment arises under this Agreement, you agree to pay the undisputed portion when due and provide us with notice of the amount in dispute. We will endeavor to mutually resolve the dispute as provided in the Dispute Resolution Section of our Terms of Service.
Changes in Your Participation. You may reallocate, transfer, or reduce your Production Capacity as follows:
1. Substitution of New Premises. You may transfer your subscription to your own or another person’s new Location, provided the proposed Location meets our eligibility requirements, as determined at our sole discretion.
2. Unexpected Contingencies. If you move outside Xcel Energy’s service territory, die, or otherwise lose your ability to receive Bill Credits without first transferring your Production Capacity to an eligible transferee, we will cancel this Agreement upon notification that you are no longer receiving Bill Credits. You will only be charged a Monthly Subscriber Payment for Bill Credits you receive.
3. Termination. If you desire to transfer or assign your Production Capacity in the Solar Garden and have not identified a transferee, we will, upon your request, attempt to identify eligible and willing transferee(s) to whom we can transfer or assign all or a portion of your Production Capacity in a timely manner. You will remain obligated under this Agreement until a transferee becomes your replacement subscriber to the Solar Garden, or 90 days, whichever is shorter.
NOTICE OF RIGHT TO CANCEL. YOU MAY CANCEL THIS TRANSACTION FOR ANY REASON BY DELIVERING NOTICE TO US PRIOR TO MIDNIGHT OF THE THIRD BUSINESS DAY AFTER THE DATE OF THIS TRANSACTION.

[SIGNATURE CERTIFICATE FOLLOWS]

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Signed by SunShare, LLC -- Melina Fleming, Authorized Signer
Signed On: July 19, 2024

Timestamp

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April 23, 2021 2:10 pm MDT

[1] SunShare Colorado Free for Life Community Solar Services Agreement – v3.5.21.64 – CONFIDENTIAL Uploaded by SunShare, LLC -- Melina Fleming, Authorized Signer - no-reply@mysunshare.com IP 76.131.12.101