administrative services - granicus

Administrative Services

SUBJECT: Consideration of Resolutions authorizing the execution of: i) a Community Solar Clearinghouse Solutions Purchasing Pool Enrollment Agreement with the Metropolitan Mayors Caucus of Chicago, IL in the amount of $700; and ii) an Illinois Community Solar Project Subscription Agreement with MC Squared Energy Services, LLC of Chicago, IL

AGENDA ITEM: 11.a. MEETING DATE: August 6, 2019

VILLAGE BOARD REPORT

TO: Village President and Board of Trustees FROM: Amy Ahner, Director of Administrative Services (847) 904-4331 Sean Halloran, Assistant to the Village Manager (847) 904-4332 THROUGH: Matthew J. Formica, Village Manager PURPOSE AND ACTION REQUESTED: Staff requests Village Board consideration of Resolutions authorizing the execution of i) a Community Solar Clearinghouse Solutions Purchasing Pool Enrollment Agreement with the Metropolitan Mayors Caucus of Chicago, IL in the amount of $700 to enroll the Village and participate in the Community Solar Clearinghouse Solutions (CS2) Program and ii) an Illinois Community Solar Project Subscription Agreement with MC Squared Energy Services, LLC of Chicago, IL to participate in a community solar pilot project. Participants in the CS2 Program and pilot project are credited electricity generated from new and proposed community solar assets located in the ComEd service region for municipal buildings and assets. BACKGROUND: The Future Energy Jobs Act was passed by the Illinois General Assembly in 2016. The legislation required Commonwealth Edison and Ameren Illinois to expand their energy efficiency programs, included incentives for the development of renewable energy, launched a community solar program, and set the goal to have at least 25% of the state’s energy coming from renewable sources by 2025. The CS2 Program was created in support of this goal by pooling municipal accounts. The CS2 Program is administered by the Metropolitan Mayors Caucus (MMC) in partnership with the Power Bureau (the Program Manager), who together provide ongoing management and a procurement process that allows municipalities the opportunity to access community solar and support renewable energy development in Illinois.

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Community solar is a business model that targets deployment of solar technology in communities making it possible to invest in solar together. Solar facilities are shared by multiple consumers (called subscribers) who receive credit on their electricity bills for their share of the power produced. Community solar allows subscribers to offset all or a portion of their electricity consumption with electricity generated by solar facilities. Subscribers can access the benefits of solar without installing solar panels thus avoiding up-front capital costs and ongoing maintenance obligations. DISCUSSION: Village ComEd Account Analysis Staff has been working with the Metropolitan Mayors Caucus and the Power Bureau to evaluate all Village-owned ComEd accounts (fire stations, train stations, pump stations, streetlights and the Municipal Center) to see if there is a possible savings by joining the CS2 Program. The outcome is summarized in the Community Solar Subscription Opportunity Assessment: Village of Glenview (Attachment 1b). The report describes how the CS2 Program is structured and the potential for municipal accounts to generate cost savings with community solar. The report indicates that the subscription value on Glenview’s municipal accounts can generate cost savings ranging from $6,829 to $20,488 annually and meet a significant percent of their annual electricity consumption with community solar. Community Solar Clearinghouse Solutions (CS2) Program and Pilot Program The CS2 Program in Illinois has funding for a specified number of megawatts in the ComEd region for securing community solar for municipal facilities. Solar projects will be selected through a phased competitive and lottery process. ComEd is required to connect the new facilities to the distribution system and apply the on-bill credits to subscribers. To enroll in the CS2 Program purchasing pool, the Village would pay a one-time $700 enrollment fee and enter into a Community Solar Clearinghouse Solutions Purchasing Pool Enrollment Agreement. The agreement serves to include Glenview’s ComEd accounts in the purchasing pool that will serve as the basis for a competitive bidding process that will set pricing for community solar subscriptions. The Program Manager will request and receive pricing through a competitive bid process for potential solar energy subscriptions from qualified providers on behalf of the Village. The Village would then elect to enter into an agreement with the selected providers. The enrollment does not obligate the Village to enter any subscription. The Village also has an opportunity to participate in a community solar pilot project. A single community solar project is already deployed and is offering subscriber credits starting later this summer or in early fall. To participate in this earlier phase, the Village can execute the Illinois Community Solar Project Subscription Agreement, a draft of which is attached, and would be subject to final Village Attorney approval (Attachment 2). The terms of the agreement include a ten percent bill credit, for a 20-year term, a Village 30-day and owner 90-day termination notice with a $0 termination fee.

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The CS2 Program is designed for municipalities. There are a number of nationally or regionally sourced renewable energy offerings that are available to residents to purchase from various suppliers. Currently ComEd customers are offered free home energy assessments and various energy credit programs while they develop solar offerings in their territory. BUDGET: There are sufficient FY 2019 Corporate Fund resources for the enrollment fee which will be offset by future savings. RECOMMENDATION: Staff recommends that the Board authorize the Village President to execute Resolutions authorizing the execution of i) a Community Solar Clearinghouse Solutions Purchasing Pool Enrollment Agreement with the Metropolitan Mayors Caucus of Chicago, IL in the amount of $700 to enroll the Village and participate in the Community Solar Clearinghouse Solutions (CS2) Program and ii) an Illinois Community Solar Project Subscription Agreement with MC Squared Energy Services, LLC of Chicago, IL to participate in a community solar pilot project. ATTACHMENTS:

1. Community Solar Clearinghouse Solutions Purchasing Pool Enrollment Agreement a. CS2 Accounts to Enroll for Village of Glenview b. Community Solar Subscription Opportunity Assessment: Village of Glenview

2. Illinois Community Solar Project Subscription Agreement 3. Resolutions

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ATTACHMENT 1:

Community Solar Clearinghouse Solutions Purchasing Pool Enrollment Agreement

a) CS2 Accounts to Enroll for Village of Glenview b) Community Solar Subscription Opportunity Assessment:

Village of Glenview

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Village of Glenview

Account Number

Annual kWh

Recommendation for inclusion in CS2 Program Request for Pricing

Potential Annual

Savings for Municipality(Low Range)

Potential Annual

Savings for Municipality(High Range)

0132026076 59,639 No. Savings are unlikely. - -0177127034 1,074,793 No. Savings are unlikely. - -0192078265 113,879 No. Savings are unlikely. - -0198165007 111,310 Yes. Savings are likely after retail contract expires $367 $1,1010203201012 130,200 Yes. Savings are likely. $429 $1,2880203203007 336,660 No. Savings are unlikely. - -0203204004 176,640 Yes. Savings are likely. $582 $1,7470203278004 1,819,408 No. Savings are unlikely. - -0284382001 123,900 Yes. Savings are likely. $408 $1,2550312160008 1,566 No. Savings are unlikely. - -0387156103 41,183 Yes. Savings are likely after retail contract expires $136 $4070588049003 47,100 Yes. Savings are likely. $155 $4660606110052 959,817 No. Savings are unlikely. - -0675136071 19,112 Yes. Savings are likely after retail contract expires $63 $1890876107014 19,459 Yes. Savings are likely after retail contract expires $64 $1920927032077 1,396,198 No. Savings are unlikely. - -0936125012 14,796 Yes. Savings are likely after retail contract expires $49 $1460947003054 4,342 No. Savings are unlikely. - -0966162014 101,906 Yes. Savings are likely. $336 $1,0081008006032 37,380 Yes. Savings are likely. $123 $3701299016015 330,240 Yes. Savings are likely. $1,089 $3,2661323093251 61,320 Yes. Savings are likely. $202 $6071398122043 17,652 Yes. Savings are likely. $58 $1751404053006 463,622 No. Savings are unlikely. - -1506135003 412,680 Yes. Savings are likely. $1,361 $4,0822051585009 7,315 Yes. Savings are likely. $24 $722051668003 20,491 Yes. Savings are likely after retail contract expires $68 $2032219152004 22,906 No. Savings are unlikely. - -2226110034 128,220 Yes. Savings are likely. $423 $1,2682639790008 6,666 No. Savings are unlikely. - -2723055009 12,589 No. Savings are unlikely. - -2723068088 53,324 No. Savings are unlikely. - -3261127014 140,220 Yes. Savings are likely. $462 $1,3873507095037 213,703 No. Savings are unlikely. - -6558035042 49,510 No. Savings are unlikely. - -7812142007 130,260 Yes. Savings are likely. $429 $1,288

Total $6,828 $20,517Number of accounts recommended for inclusion in the CS2 Program Request for Pricing 20

CS2 Program

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COMMUNITY SOLAR SUBSCRIPTION OPPORTUNITY ASSESSMENT: VILLAGE OF GLENVIEW Community Solar Clearinghouse Solution Program by the Metropolitan Mayors Caucus

Abstract This analysis identifies which Commonwealth Edison utility accounts currently serving municipal facilities can achieve cost savings with Community Solar Subscriptions

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Table of Contents Executive Summary ....................................................................................................................................... 1

What is the CS2 Program? ......................................................................................................................... 1

What is Community Solar?........................................................................................................................ 1

What Benefits has the CS2 Program Identified? ....................................................................................... 1

Background ................................................................................................................................................... 2

Community Solar....................................................................................................................................... 2

Community Solar in Illinois. ...................................................................................................................... 2

Economics of Community Solar .................................................................................................................... 3

Subscription Costs. .................................................................................................................................... 3

Subscription Value. ................................................................................................................................... 3

CS2 Program ................................................................................................................................................... 5

Initial Account Analysis ................................................................................................................................. 6

Next Steps ..................................................................................................................................................... 6

For Further Information ................................................................................................................................ 7

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EXECUTIVE SUMMARY The Metropolitan Mayors Caucus (MMC) is assisting local governments to support renewable energy development and secure energy cost savings through the Community Solar Clearinghouse Solution (CS2) Program. This report presents the potential benefits of Community Solar for accounts identified by the Village of Glenview.

WHAT IS THE CS2 PROGRAM? The CS2 Program provides municipalities with access to new Community Solar resources by providing:

Analysis. Identify Community Solar subscriptions that generate long-term cost savings.

Competitive Procurement. Conduct one or more competitive solicitations to select Community Solar resources to provide Subscriptions at a uniform price to municipalities.

Ongoing Management. Facilitate program billing and reporting throughout the terms of their Community Solar Subscriptions.

WHAT IS COMMUNITY SOLAR? Community Solar allows municipalities to offset all or a portion of their electricity consumption with electricity generated by shared solar resources. Community Solar is a simple alternative to rooftop solar:

No Capital Cost/Guaranteed Savings. Community Solar operates on a pay-as-you-go basis that also guarantees a discount to the ComEd default rates.

No Equipment or Construction. Community Solar does not require the complication of installing solar panels on municipal facility roofs.

Value for Franchise Facilities. Community Solar can generate billing credits for accounts serving Franchise facilities that can be applied to other municipal accounts.

Blends with On-Site Solar. Community Solar Subscriptions bring benefits even if solar panels are installed at some point in the future.

WHAT BENEFITS HAS THE CS2 PROGRAM IDENTIFIED? Figure 1 conveys the results of an analysis showing that with Community Solar the Village could:

Meet 34.8% of annual electricity consumption (610,533 kWh) at municipal facilities.

Save between $1,975 and $5,925 in annual electricity costs (compared to the ComEd Default supply rate); and,

Support 382 kW of new solar capacity in Illinois.

We encourage the Village to identify all utility accounts (Default, Franchise, and Retail) accounts for analysis by the CS2 Program.

FIGURE 1: POTENTIAL FOR COMMUNITY SOLAR WITH MUNICIPAL ACCOUNTS

Municipality

Community Solar Subscription Potential Annual Cost Savings Consumption of Municipal

Facilities (kWh/Year)

Community Solar

Subscription (kWh/Year)

Subscription as % of

Municipal Load

Community Solar

Generating Capacity (kW)

Low Estimate High Estimate

Village of Glenview 2,071,384 136,587 24.2% 1,294 $6,829 $20,488

Equivalents

~1,089 Single Family Homes in the ComEd

Region

~264 Single Family Homes in the ComEd

Region

1,802 Tons Annual CO2

Emissions

5% discount to the ComEd Default Supply

Rate

15% discount to the ComEd Default Supply

Rate

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BACKGROUND The Future Energy Jobs Act (FEJA) created new incentives for the development of renewable energy assets in the Commonwealth Edison (ComEd) service region. This analysis identifies how Community Solar (a new approach to delivering renewable energy to consumers authorized by FEJA) can allow your municipality to access solar energy generated from remote solar farms and achieve cost savings.

COMMUNITY SOLAR. Community Solar refers to mid-sized solar facilities that are shared by multiple consumers (called ‘Subscribers’) who receive credit on their electricity bills for their share of the power produced by the Community Solar facility. By claiming a portion of a large solar facility, Subscribers can access the benefits of solar without installing solar panels on their own property. Additionally, Subscribers avoid up-front costs and

1 Solar Energy Industries Association (https://www.seia.org/initiatives/community-solar)

ongoing maintenance obligations while securing lower costs with economies of scale.

Figure 2 conveys how Community Solar works.

COMMUNITY SOLAR IN ILLINOIS. With FEJA Illinois joins over 40 other states where Community Solar facilities operate1 by requiring ComEd to connect Community Solar facilities to the distribution system, and to apply on-bill credits to Subscribers for their share of the energy generated by the new Community Solar facilities.

Community Solar facilities under the FEJA are limited to 4 MW in generating capacity and are to be developed and operated by non-utility owners. As in other states, the cost of developing Community Solar facilities is financed through a combination of federal, state, and utility incentives along with revenues related to the sale of electricity to Subscribers.

FIGURE 2: HOW COMMUNITY SOLAR WORKS

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https://www.seia.org/initiatives/community-solar

ECONOMICS OF COMMUNITY SOLAR Community Solar in Illinois not only provides consumers with new access to solar and increases the portion of renewable energy in the regional grid – it also provides municipalities with an opportunity to reduce total energy costs. For municipalities, the savings opportunity presented by Community Solar is driven by the balance between Subscription Cost and Subscription Value. Based on this, it is important to note that not all utility accounts can generate cost savings with Subscriptions.

SUBSCRIPTION COSTS. Figure 3 conveys how Community Solar development costs are supported by incentives and Subscription revenues. Based on current industry averages and incentives, Community Solar facilities in Illinois can be developed and operated over the long term if they are supported by Subscriptions with a net value of between $0.0463 and $0.0616 per kWh. These low Subscription costs are attainable if a Community Solar facility is granted a long-term contract by the

Illinois Power Agency (IPA) to sell the Solar Renewable Energy Credits (SRECs) generated by the Community Solar facility (see item G in Figure 2).

Approximately seventy-five (75) Community Solar facilities will receive long-term SREC contracts in the ComEd service region. The IPA will select Community Solar facilities for funding through a lottery process to be completed in February 2019. Once the lottery process is completed, the approved Community Solar facilities are expected to be built and operational between late 2019 and mid-2020.

In order to qualify to receive a long-term SREC contract a Community Solar facility must have Subscribers that commit to purchase the output from the Community Solar facilities in return for on-bill credits.

SUBSCRIPTION VALUE. Subscription value is a function of a Subscriber’s account size and electricity supply arrangements. Figure 4 conveys how a Community Solar Subscription (Column A) with a cost of $0.05/kWh can yield different Subscription Credits

FIGURE 3: COMMUNITY SOLAR COST AND INCENTIVE STRUCTURES AND RESULTING RANGE OF SUBSCRIPTION COSTS

Cost Element CalculationLow Range

($/kWh)High Range

($/kWh)

Capital & Development (land, equipment, interconnection) A $0.1300 $0.1400Operations (maintenance, taxes, refurbishments) B $0.0250 $0.0350Transactions (Subscriber & bill credit management) C $0.0150 $0.0150

Community Solar Development Cost Subtotal D = A + B + C $0.1700 $0.1900

Investment Tax Credit (Federal) E $0.0390 $0.0420Accelerated Depreciation (Federal) F $0.0221 $0.0238Solar Renewable Energy Credits (Illinois Power Agency) G $0.0540 $0.0540Inverter Rebate (Utility) H $0.0086 $0.0086

Community Solar Development Incentives Subtotal I = E + F +G + H $0.1237 $0.1284

Subscription Cost Range J = D - I $0.0463 $0.0616

Cost to Build Community Solar

Incentives to Support Community Solar

Net Revenue Requirement from Energy Sales

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(Column E) based on account size (i.e. smaller or larger than 100 kW annual peak demand) and energy commodity supplier (i.e. ComEd through a default tariff or a Retail Energy Supplier).

We note the following general observations regarding Subscription Values for various account sizes and supplier arrangements.

Large utility accounts (i.e. accounts with peak demand higher than 100 kW, indicated in Red) purchasing energy supply from either a retail energy supplier or ComEd will only receive Subscription credits equivalent to the wholesale price of the energy commodity (approximately $0.03/kWh). This indicates that large accounts – regardless of energy supply provider – are not likely to receive cost-savings from a Community Solar Subscription.

Small utility accounts purchasing energy supply from ComEd (i.e. accounts with peak demand less than 100 kW, indicated in Green) will receive

Subscription credits valued at the wholesale price of energy commodity plus the price of energy capacity (a total of approximately $0.06/kWh). This indicates that small default rate accounts are very likely to receive cost-savings from a Community Solar Subscription. For Franchise or Zero-Bill accounts, on-bill credits will accumulate and can be transferred to other ComEd accounts carrying balances.

Small utility accounts purchasing energy supply from a retail energy supplier (i.e. accounts with peak demand less than 100 kW, indicated in yellow) will receive Subscription credits equivalent to the wholesale price of the energy commodity (approximately $0.03/kWh). This indicates that small retail supply accounts are not likely to receive cost-savings from a Community Solar Subscription – unless they are transferred back to ComEd Default service.

FIGURE 4: COMMUNITY SOLAR SUBSCRIPTION VALUE DIFFERS BASED ON MULTIPLE VARIABLES

E. On-Bill Credit

D. Subscription Value Basis

C. Account

Size

B. Energy

Supplier

A. Subscription

Cost

Subscription ($0.05/kWh)

Retail Supplier

Large (>100kW) Energy Commodity $0.03/kWh

Small (<100 kW)

Energy Commodity $0.03/kWh

ComEd Default

Large (>100kW) Energy Commodity $0.03/kWh

Small (<100kW)Energy

Commodity + Capacity

$0.06/kWh

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CS2 PROGRAM The Board of the Metropolitan Mayors Caucus (MMC) has approved the creation of the Community Solar Clearinghouse Solution (CS2) Program to assist members in maximizing their Community Solar Subscription potential. Specifically, the CS2 Program seeks to facilitate the following:

Sustainability Goals. The CS2 Program can help municipalities meet clean energy goals by connecting municipal facilities to Community Solar facilities in Illinois with Subscription.

Achieving Cost Savings. The CS2 Program can help municipalities reduce the cost of operating municipal facilities by Subscribing some ComEd accounts to cost-competitive Community Solar Facilities.

To accomplish these goals, the CS2 Program will provide the following services to MMC members.

Account Analysis. The CS2 Program will provide interested municipalities with analyses (such as

this analysis) to identify which ComEd accounts serving can generate cost savings.

Procurement. The CS2 Program will conduct a competitive solicitation on behalf of interested municipalities to select specific Community Solar facilities to provide Subscriptions at a uniform price after the IPA has finalized its lottery process.

Management. The CS2 Program will provide members with ongoing support throughout the terms of their Community Solar Subscriptions.

The MMC has retained The Power Bureau to assist in the development and management of the CS2 Program on a Shared Savings model. Through the Shared Savings model, the cost of Community Solar Subscriptions will be paid by sharing the On-Bill credits provided through ComEd between the municipality and the Community Solar facility.

Figure 5 conveys the general agreement structure for CS2 Program participants.

FIGURE 5: ANTICIPATED CS2 PROGRAM COMMUNITY SOLAR SUBSCRIPTION STRUCTURE

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INITIAL ACCOUNT ANALYSIS This report provides an initial analysis of the ComEd accounts provided by your municipality to the CS2 Program. The results of the account analysis are contained in Attachment A and are arranged with the following information:

Account Number. The 10-digit number assigned by ComEd to the municipal account. The account number allowed The Power Bureau to access account attribute and the historical consumption data through the ComEd Power Path website regardless of whether the account was served by a retail energy supplier or through the ComEd Default service.

ComEd Tariff. The tariff designation for the specific account for the most recent billing cycle. Knowing the ComEd tariff tells us whether a retail energy supplier or ComEd provides energy supply for the account as well as the size of the account.

Annual kWh. The volume of metered electricity consumption for the account over the past twelve (12) billing cycles according to the ComEd PowerPath website.

Recommendation for Community Solar Subscription. An indication of whether the account is suitable for a Community Solar Subscription that generates cost savings for the municipality. Recommendations include:

- Suitable. Accounts with appropriate size and tariff that will generate cost savings with a Community Solar Subscription.

- Possible Subscription. Accounts of appropriate size but with a tariff placement that would prevents cost savings with a Community Solar Subscription. Transferring these accounts back to ComEd Default service would increase the value of a Community Solar Subscription and generate cost savings for the municipality.

- No Subscription. Accounts that are of a size (>100 kW peak demand) or tariff (i.e. Hourly Energy pricing, Dusk to Dawn Streetlighting) that prevent cost savings with a Community Solar Subscription.

Annual Subscription Volume (kWh). The maximum potential annual Community Solar Subscription volume that could be applied to the account to generate cost savings.

Subscription as % of Total Municipal Load. The % of the municipality’s total annual electricity load (as defined by the accounts provided) represented by the identified level of Annual Subscriptions.

Total Annual Value of On-Bill Credits. The value of the Annual Subscriptions based on the current ComEd tariff (energy supply + capacity). This represents the value of all on-bill credits applied by ComEd over the course of a year to the specified account based on historical consumption and current energy supply and capacity values.

Net Annual Savings Retained by Municipality (Low Range). The low-end estimate of value of on-bill credits retained by the municipality over the course of a year after splitting on-bill credits with the Community Solar Facility.

Net Annual Savings Retained by Municipality (High Range). The high-end estimate of value of on-bill credits retained by the municipality over the course of a year after splitting on-bill credits with the Community Solar Facility.

NEXT STEPS This Initial Cost Analysis report is for informational purposes only and does not obligate your municipality to any Community Solar Agreements. If your municipality is interested in pursuing Community Solar Subscriptions, we recommend the following next steps for your consideration.

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Review Initial Analysis Results (January 2019). Identify whether we missed any of your municipal accounts. If more accounts require analysis, simply forward that information to The Power Bureau at the email address provided in the ‘For Further Information’ section. If your municipal leaders want to discuss the Community Solar Subscription opportunity, please contact Mark Pruitt at 219/921-3828 to schedule a convenient time for a meeting or conference call.

Illinois Power Agency Lottery Results (February 2019). The IPA will select Community Solar projects for approval through a lottery process.

CS2 Program Procurement (March 2019). Once we know which Community Solar facilities have been approved, the CS2 Program will solicit pricing offers on behalf of interested municipalities.

Subscription Agreements (April 2019). Municipalities will be invited to accept or reject the Community Solar Subscription offers from the Community Solar developers selected through the competitive solicitation process.

Community Solar Project Construction (October 2019). Community Solar facilities require approximately six (6) months to complete construction.

Community Solar Project Commissioning (November 2019). The Community Solar projects must be commissioned by ComEd prior to delivering energy to the regional grid. The timing of this phase is completely controlled by ComEd.

Community Solar Project Power Flow (December 2019). The Community Solar projects begin delivering energy to the regional grid. On-bill credits begin to appear on Subscribed accounts.

FOR FURTHER INFORMATION To receive more information concerning this initial analysis or the CS2 Program please contact:

Mark Pruitt The Power Bureau

[email protected] 219/921-3828

FIGURE 6: ANTICIPATED CS2 PROGRAM TIMELINE

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mailto:[email protected]

Account Number Name Address0132026076 Village of Glenview 1705 Pfingsten0177127034 Village of Glenview 2200 & 2100 Rugen0192078265 Village of Glenview0198165007 Village of Glenview 1120 Depot St.0203201012 Village of Glenview 3507 Glenview Rd, Glenview0203203007 Village of Glenview 2498 East Lake Ave, Glenview0203204004 Village of Glenview 2498 East Lake Ave, Glenview0203278004 Village of Glenview 1930 Glenview Rd, Glenview0284382001 Village of Glenview 1901 Landwehr Rd, Glenview0312160008 Village of Glenview0387156103 Village of Glenview 1800 E Lake 0588049003 Village of Glenview 1370 Shermer Rd, Glenview0606110052 Village of Glenview 1704 West Lake0675136071 Village of Glenview 1 E River Rd0876107014 Village of Glenview 801 Laramie, Wilmette0927032077 Village of Glenview 2500 E Lake Ave, Glenview0936125012 Village of Glenview 2650 Patriot 0947003054 Village of Glenview0966162014 Village of Glenview 2301 Lehigh Metra Station1008006032 Village of Glenview 1100 Willow1299016015 Village of Glenview 2710 Sable Lane1323093251 Village of Glenview 540 Echo Lane (Pump Station)1398122043 Village of Glenview 624 Waukegan1404053006 Village of Glenview 957 Laramie1506135003 Village of Glenview 2701 Aviator Ln, MURC S Parking, Glenview2051585009 Village of Glenview2051668003 Village of Glenview 1147 Depot St, Glenview2219152004 Village of Glenview2226110034 Village of Glenview 2250 Patriot Blvd, Glenview2639790008 Village of Glenview2723055009 Village of Glenview2723068088 Village of Glenview 1850 Glenview Rd, Glenview3261127014 Village of Glenview 1215 Waukegan Rd, Glenview3507095037 Village of Glenview6558035042 Village of Glenview 815 Harms Rd (Pump)7812142007 Village of Glenview 831 E Lake Ave, Glenview of 34

Village of Glenview

Account Number

ComEd Tariff

Annual kWh Recommendation for Community Solar Subscription1

Annual Subscription

Volume (kWh)

Subscription as % of Total

Municipal Load

Total Annual Value of On-Bill

Credits2

Net Annual Savings

Retained by Municipality3

(Low Range)

Net Annual Savings


(High Range)0132026076 R74 59,639 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0177127034 R75 1,074,793 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0192078265 H82 13,879 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0198165007 R73 111,310 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 111,310 1.30% $7,340 $367 $1,1010203201012 B73 130,200 Suitable for Subscription (Fixed Default + Subscription yields cost savings) 130,200 1.52% $8,585 $429 $1,2880203203007 H73 336,660 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0203204004 B73 176,640 Suitable for Subscription (Fixed Default + Subscription yields cost savings) 176,640 2.06% $11,648 $582 $1,7470203278004 H75 1,819,408 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0284382001 B73 123,900 Suitable for Subscription (Fixed Default + Subscription yields cost savings) 123,900 1.45% $8,170 $408 $1,2250312160008 H82 1,566 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0387156103 R73 41,183 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 41,183 0.48% $2,716 $136 $4070588049003 B73 47,100 Suitable for Subscription (Fixed Default + Subscription yields cost savings) 47,100 0.55% $3,106 $155 $4660606110052 R74 959,817 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0675136071 R73 19,112 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 19,112 0.22% $1,260 $63 $1890876107014 R73 19,459 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 19,459 0.23% $1,283 $64 $1920927032077 H74 1,396,198 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0936125012 R73 14,796 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 14,796 0.17% $976 $49 $1460947003054 H82 4,342 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -0966162014 R73 101,906 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 101,906 1.19% $6,720 $336 $1,0081008006032 R73 37,380 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 37,380 0.44% $2,465 $123 $3701299016015 R73 330,240 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 330,240 3.86% $21,776 $1,089 $3,2661323093251 R73 61,320 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 61,320 0.72% $4,043 $202 $6071398122043 R73 17,652 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 17,652 0.21% $1,164 $58 $1751404053006 R74 463,622 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -1506135003 R73 412,680 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 412,680 4.82% $27,212 $1,361 $4,082

Potential Community Solar Subscription Savings Analysis Results

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Village of Glenview

Account Number

ComEd Tariff

Annual kWh Recommendation for Community Solar Subscription1

Annual Subscription

Volume (kWh)

Subscription as % of Total

Municipal Load

Total Annual Value of On-Bill

Credits2

Net Annual Savings


(Low Range)

Net Annual Savings


(High Range)2051585009 B73 7,315 Suitable for Subscription (Fixed Default + Subscription yields cost savings) 7,315 0.09% $482 $24 $722051668003 R73 20,491 Possibly Suitable for Subscription (If Retail Supply Price > $0.063/kWh) 20,491 0.24% $1,351 $68 $2032219152004 H82 22,906 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -2226110034 B73 128,220 Suitable for Subscription (Fixed Default + Subscription yields cost savings) 128,220 1.50% $8,455 $423 $1,2682639790008 H82 6,666 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -2723055009 H82 12,589 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -2723068088 H73 53,324 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -3261127014 B73 140,220 Suitable for Subscription (Fixed Default + Subscription yields cost savings) 140,220 1.64% $9,246 $462 $1,3873507095037 R86 213,703 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -6558035042 R74 49,510 Unsuitable for Subscription (Subscription Price > Subscription Credit Value) - - - - -7812142007 B73 130,260 Suitable for Subscription (Fixed Default + Subscription yields cost savings) 130,260 1.52% $8,589 $429 $1,288

8,560,006 2,071,384 24.20% 136,587 $6,829 $20,488

4 Net Annual Savings Retained by Municipality (High Range) = Total Value of on-bill Credits multiplied by 15%, representing the High Range estimated value that the municipality may retain with a Community Solar subscription depending on the final results of the CS2 Program procurement.

TOTAL/AVERAGE

1 Recommendations fall into the following categories: 'Suitable for Subscription' = Accounts that can generate cost savings with a Community Solar Subscription. 'Possibly Suitable for Subscription' = Accounts that can generate cost savings with a Community Solar Subscription if the account is returned to Fixed Default rates with ComEd. 'Unsuitable for Subscription' = Accounts that cannot generate cost savings with a Community Solar Subscription. 'No Recommendation' = No recommendation was possible as account data was not accessible through ComEd Powerpath.2 Total Annual Value of On-Bill Credits = The recommended annual community solar subscription volume (kWh) multiplied by current ComEd Default Purchased Electricity Charge ($/kWh) for each account on the ComEd Fixed Default tariff. This is the total value of the on-bill credits that ComEd would apply to the account's billing statements, and would be split between the municipality and the Community Solar Developers selected through the CS2 Program. 3 Net Annual Savings Retained by Municipality (Low Range) = Total Value of On-Bill Credits multiplied by 5%, representing the Low Range estimated value that the municipality would retain with a Community Solar subscription depending on the final results of the CS2 Program procurement.

Potential Community Solar Subscription Savings Analysis Results

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ATTACHMENT 2:

Illinois Community Solar Project Subscription Agreement

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ILLINOIS COMMUNITY SOLAR PROJECT SUBSCRIPTION AGREEMENT

The DATE of this Agreement is: ____________ ____, 20____

Project Owner

(“Owner”) Subscriber

(“Subscriber”) Name: ___________________________ Name: ___________________________ Attn: MC Squared Energy Services, LLC Attn: ___________________________ Name of Authorized Agent/Representative Name of Authorized Agent/Representative ___________________________ Title of Authorized Agent/Representative For Notices to Owner: For Notices to Subscriber: Mailing Address: c/o MC Squared Energy Services, LLC Mailing Address: ___________________________ 175 W. Jackson, Suite 240 ___________________________ City / State / Zip Chicago, IL 60604

City / State / Zip ___________________________

Phone Number: __________________________ Phone Number: ___________________________ Email Address: ___________________________ Email Address: ___________________________

Project Name: ___________________________ Subscriber’s Utility Account Information: Project Location Address:

___________________________ ___________________________

Utility Account Service Address: (if different from above)

___________________________ ___________________________

___________________________ ___________________________ City / State / Zip ___________________________

City / State / Zip ___________________________

Phone Number:

___________________________ Phone Number: (if different from above)

___________________________

Email Address: ___________________________ Email Address: (if different from above)

___________________________

Customer Service: Utility Account #: ___________________________ Phone Number:

___________________________

Utility Meter # Utility Company: (the “Utility”)

___________________________ _

Email Address: ___________________________ Subscription:

Contract No. ___________________________ Size: ___________________ kW (AC) Contract Vers.

___________________________

Annual Production Estimate:

______________________ kWh

(First year; please see below for basis of estimate)

This confirms that Subscriber desires to enroll the utility account taking Bundled Service identified above in a Subscription (as more fully defined below) in the above identified community renewable generation project powered by solar photovoltaics (community solar). The Subscription is expected to result in certain “Bill Credits” on Subscriber’s Utility bill pursuant to Net Metering Law and the applicable Net Metering Tariff. Pursuant to the Billing Agreement (as more fully defined herein), Subscriber is expected to retain approximately 10% of Bill Credits. Pursuant to Net Metering Law and the applicable Net Metering Tariff, Bill Credits from a subscription are calculated by the Utility based on the output (measured in kilowatt-hours) of a project, the credit rate under Net Metering Tariff, and the proportion of the subscription (in kW) to the total Nameplate Capacity of the project (in kW). This Subscription Agreement together with the General Terms and Conditions of Subscription attached hereto and incorporated herein (collectively, the “Agreement”) sets forth the agreement between Owner and Subscriber with respect to Subscriber’s Subscription in the Project, and is entered into by the Parties as of the date set forth above.

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Specific Terms of the Subscription:

Initial Term: Twenty (20) years, beginning on the later of August 2019 or successful enrollment of the Subscription by Utility.

Limitations on Subscription Size:

The Subscription is sized based on Subscriber’s historical usage to comply with Net Metering Law. The Subscription may be adjusted up or down upon mutual agreement of Subscriber and Owner in the future based on Subscriber’s electricity usage during the Term. Subscriber will be notified in advance of any proposed adjustment to the Subscription based on usage and may increase or decrease its Subscription only upon written agreement.

Billing; Payments: Pursuant to the terms of the Billing Management Services Agreement (the “Billing Agreement”) of previously or concurrently entered into between Subscriber and MC Squared Energy Services, LLC (“MC2”), Subscriber is appointing MC2 as its billing services agent and General Account Agent (as defined in the Billing Agreement) for the Utility Account identified above. The Billing Agreement contains the payment terms related to the Subscription.

Subscription Price: The Subscription Price, after additional fees pursuant to the Billing Agreement, is expected to be ninety percent (90%) of Bill Credits and Customer is expected to retain ten percent (10%) of Bill Credits. Please check the Billing Agreement for the full fee structure.

Bill Credits will be reflected directly on Subscriber’s Combined Bills. Subscriber will receive Combined Bills in accordance with the terms of the Billing Agreement. Estimated Discount: Subscriber will receive the remainder of the net Bill Credits after the above deduction and subject to payments under the Billing Agreement. Actual savings—and monthly payments—may vary based on the Net Metering Tariff, the total production of the Project, and the proportion of the Subscription to the total Nameplate Capacity of the Project. Fees and Other Charges: Beyond the subscription price payable to Owner above, there are no other fees payable to Owner.

Security Deposit/Other Amount Due at Signing:

$0 (Zero)

Early Termination: After the 3-day rescission period (see below), if Subscriber wishes to cancel this Agreement, Subscriber may do so by providing at least thirty (30) calendar days’ notice to Owner (c/o MC2).

Early Termination Fee: $0 (Zero) No Guarantee: This Agreement does not guarantee any savings to Subscriber. This Agreement

does not guarantee a minimum level of performance by the Project or minimum quantity or value of Bill Credits.

No Ownership: Subscriber does not have an ownership interest in System. For more information, see Sections 2(b) and 6(b) of the attached General Terms and Conditions.

Moving / Change of Service Address:

If the Utility Account Service Address identified above changes for any reason, Subscriber must provide written notice to Owner. For more information, see Section 9 of the attached General Terms and Conditions.

Privacy Policy: Owner will not provide customer’s information obtained under this Agreement to third parties except as necessary to administer this Agreement.

Project Maintenance: Project will be maintained and operated by Owner’s installer, WCP Solar. Project Production Projections:

The expected life of the Project is 25 years with an expected degradation of 11.8% over the life (0.5% per year). First-year production is expected to be 1,294,552 kWh based on the Illinois Power Agency’s standard 16.42% capacity factor. Actual production will be based on several factors; Owner is not guaranteeing minimum or maximum production during any time period.

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By signing below, Owner and Subscriber acknowledge and agree that they each have read and understand this Agreement and its exhibits (if any) in their entirety, have received a copy of this Agreement, and have executed this Agreement as of the date set forth above. Project Owner: _____________________________ By:

MC Squared Energy Services, LLC, its Authorized Agent

Print Name: Title:

Subscriber: ______________________________ By: Print Name: Title:

3-DAY RESCISSION PERIOD: SUBSCRIBER HAS THE RIGHT TO RESCIND THIS AGREEMENT BY NOTIFYING OWNER IN WRITING AT ITS ADDRESS LISTED ABOVE AT ANY TIME PRIOR TO MIDNIGHT OF THE THIRD (3RD) BUSINESS DAY AFTER THE DATE OF THIS AGREEMENT.

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GENERAL TERMS AND CONDITIONS OF SUBSCRIPTION 1. Definitions. As used in this Agreement, the following terms shall have the following meanings:

a. “Agreement” has the meaning set forth in the Subscription Agreement above, as it may be amended from time to time in accordance with its terms.

b. “Adjustable Block Program” means the program for issuance of contracts for Renewable Energy Credits from Community Renewable Generation Projects (as both terms are defined in Section 1-10 of the Illinois Power Agency Act) powered by solar photovoltaics, as described in Section 1-75(c)(1)(K) of the Illinois Power Agency Act and administered by the Illinois Power Agency.

c. “Ameren” means Ameren Illinois Company, an Illinois corporation and an electric utility. d. “Bill Credits” means the monetary credit placed on Subscriber’s bill from the Utility attributable to Subscriber’s

interest in one or more Subscriptions pursuant to Net Metering Law and Net Metering Tariff. e. “Billing Agreement” has the meaning set forth in the Subscription Agreement above. f. “Billing Services Agent” means MC2. g. “Bundled Service” means bundled supply service that a Utility is required to offer pursuant to Section 16-103(c) of

the Public Utilities Act as amended from time to time; specifically, Rate BES or its successor if the Utility is ComEd and Rate BGS if the Utility is Ameren.

h. A “business day” shall mean any day other than a Saturday, Sunday, or a holiday under U.S. or Illinois law. i. “Change in Law” means a new law or regulation is enacted, or an order or decision of a Governmental Authority or

RTO is issued, or there are revisions in the implementation of, amendments to, or interpretations of any law, regulation, order or decision of a Governmental Authority or RTO, in each case that materially increases the costs for a Party to perform its obligations in accordance with the Agreement.

j. “Combined Bill” means that consolidated invoice prepared and delivered by MC2 to Subscriber pursuant to the terms of the Billing Agreement.

k. “ComEd” means Commonwealth Edison Company, an Illinois corporation. l. “Force Majeure” has the meaning set forth in Section 12 below. m. “Governmental Authority” means any federal, state, regional, county, town, city, or municipal government, whether

domestic or foreign, or any department, agency, bureau, or other administrative, regulatory or judicial body of any such government

n. “IPA” means the Illinois Power Agency, an Illinois state government agency, and its designees, consultants, and program administrators.

o. “MC2” means MC Squared Energy Services, LLC, an Illinois limited liability company. p. “Nameplate Capacity” means the aggregate inverter nameplate capacity in kilowatts AC (kW (AC)). q. “Net Metering Law” means, to the extent applicable to Project or similarly situated facilities, 220 ILCS 5/16-107.5

as may be amended from time and any rules of the Illinois Commerce Commission authorized pursuant to 220 ILCS 5/16-107.5.

r. “Net Metering Tariff” means Rider POGCS if Utility is ComEd, and Rider NM if Utility is Ameren, as such tariffs may be amended from time to time or other future tariffs applicable to Project or similarly situated facilities.

s. “Owner” means the party identified as the Project owner in the Subscription Agreement above. t. “Parties” means the two parties identified in the Subscription Agreement above as Owner and Subscriber. Owner

and Subscriber are sometimes also referred to individually as a “Party.” u. “Production Start Date” has the meaning set forth in Section 3 below. v. “Project” means the community solar project owned by Owner identified in the Subscription Agreement above. w. “Relocation” has the meaning set forth in Section 9 below. x. “RECs” has the meaning set forth in Section 7.e. below. y. “Rescission Period” has the meaning set forth in Section 4.a. below. z. “Rules” has the meaning set forth in Section 16 below. aa. “Subscriber” means the party identified as the subscriber in the Subscription Agreement above. bb. “Subscription” has the meaning set forth in Section 2 below. cc. “Subscription Agreement” means the Subscription Agreement above. dd. “Term” has the meaning set forth in Section 3 below. ee. “Utility” means ComEd or Ameren, as the case may be, as specifically identified in the Subscription Agreement

above. 2. The Subscription.

a. This Agreement describes the terms and conditions of Subscriber’s purchase of a subscription (the “Subscription”) in an Illinois community solar system owned by the Owner (the “Project”). Pursuant to this Agreement, in consideration for payments by Subscriber, Subscriber will be entitled to receive a portion of the Bill Credits generated by the Project. Bill Credits are expressed in dollars, and are currently calculated by the Utility as the product of the kilowatt hours (kWh) attributable to the Subscription multiplied by the net metering credit rate under the applicable Net Metering Tariff. The kWh attributable to the Subscription is equal to the total kWh generated by the Project, multiplied by the Subscription size (in kW), divided by the Project’s Nameplate Capacity (in kW). After the Utility has accepted enrollment of the

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Subscription, pursuant to its Net Metering Tariff the Utility is expected to begin associating Bill Credits with Subscriber’s account within in 1-2 billing cycles. If the Utility rejects enrollment of the Subscription for any reason or no reason, and Owner and Subscriber are unable to cure such rejection by the Utility, this Agreement with terminate automatically. Subscriber’s bill payment obligations will be in accordance with the terms and conditions of the Billing Agreement. b. This Agreement, and Subscriber’s payment under this Agreement or the Billing Agreement, entitle Subscriber solely to Bill Credits pursuant to the Utility’s Net Metering Tariff, which may only be used in accordance with such Net Metering Tariff (as it may be revised from time to time). Currently, this Net Metering Tariff allows Subscriber to offset its (i) own electric utility supply charges, if Subscriber’s Utility is Ameren; or (ii) own electric utility supply charges or cash out virtual net metering credits, if Subscriber’s Utility is ComEd. The Subscription does not represent an ownership or other interest in the Project, in any solar panel, or other equipment, or in the real estate on which the Project is located, nor does it entitle Subscriber to receive any portion of the actual electricity generated by the Project or any ownership interest in other attributes, incentive payments, securities, or commodities that may be associated with the Project or such electricity, nor any profit (through any tax credits, rebates, earnings, capital appreciation, or otherwise) related to either the Project or entering into this Agreement, other than the portion of Bill Credits identified in this Agreement. Subscriber acknowledges that this is a subscription agreement, and Owner is not a utility, alternative retail electric supplier, or agent, broker or consultant.

3. Term. The term of this Agreement (“Term”) shall commence on the date shown at the top of the Subscription Agreement and, unless earlier terminated as provided in this Agreement, shall end on the twentieth (20th) anniversary of the first day of the first full calendar month of commercial operation of the Project Facility (“Production Start Date”). Owner will advise Subscriber of the Production Start Date. The Parties may extend the Term for additional periods of time up to five (5) years for each extension, by written agreement approved and executed by both Parties.

4. Termination. a. Three-Day Rescission Right. Subscriber may rescind this transaction, without any penalty or obligation, by providing written notice to Owner (c/o MC2) at any time prior to midnight of the third (3rd) business day after signing this Agreement (the “Rescission Period”). b. 30-Day Termination. Subscriber may terminate this Agreement at any time by providing thirty (30) calendar days’ prior written notice. Owner may terminate this Agreement at any time by providing ninety (90) calendar days’ prior written notice. Upon expiration of the applicable foregoing prior notice period, Owner or its designee will inform the Utility of the disenrollment of the Subscription. Subscriber shall be responsible for all payments and accrued fees on bills that include any Bill Credits from the Subscription under this Agreement through the last Combined Bill that includes Bill Credits attributable to the Subscription. Owner expects that Bill Credits will no longer appear on the Combined Bill within 1-2 billing cycles after the Utility receives notice of disenrollment of the Subscription, but the actual date of disenrollment of the Subscription and termination of Bill Credits is within the sole control of Utility. c. Termination Required by Law. Owner may terminate this Agreement immediately upon written notice to Subscriber (i) (reserved); (ii) at any time after the Production Start Date due to a Change in Law that materially impacts performance of this Agreement or the Billing Agreement. If Owner terminates this Agreement, Owner will not have any liability to Subscriber.

5. Payment. Subscription-related billing, payments, payment methods, billing adjustments, applicable taxes, and other terms and conditions of payment are governed by the Billing Agreement. Please refer to the Billing Agreement for specific payment terms.

6. Subscriber’s Acknowledgments, Rights, and Obligations. a. By signing this Agreement, Subscriber represents that it is a customer of Utility with an account address shown at the top of the Subscription Agreement. b. Except as expressly set forth in the Agreement, Subscriber will not have any rights or obligations with respect to the development, financing, construction ownership, operation, or maintenance of the Project. c. Subscriber agrees that it will cooperate with Owner or its designee as reasonably necessary to facilitate the compliance of this Agreement and the Project with any regulatory requirements affecting this Agreement and in effect from time to time, including executing any forms necessary for Owner to obtain Utility account information on Subscriber’s behalf and providing information about Subscriber to the Utility or the IPA or its designee as necessary to enroll the Subscription or as necessary to comply with the requirements of the Adjustable Block Program. d. In the event that the Utility rejects enrollment of the Subscription for any reason, Subscriber further agrees that it will cooperate with Owner or its designee and take any other action as necessary to cure such rejection to facilitate enrollment of the Subscription, including an adjustment to the Subscription size. e. Subscriber acknowledges that it is solely responsible for paying Combined Bills, including any charges not covered by the Bill Credits, subject to the terms and conditions of the Billing Agreement. Subscriber agrees that its Subscription size will be estimated based on its historical annual usage and may be adjusted during the Term based on its electricity usage after Owner notifies Subscriber of the change in Subscription size in writing and written agreement executed by Subscriber, which may cause the amount payable by Subscriber under its Combined Bill to increase or decrease. f. If for any reason Subscriber receives a new Utility account number, whether at Subscriber’s current service address (as identified on the Subscription Agreement) or not, then Subscriber shall be obligated to provide Owner with written notice of such new Utility account number. Owner will take commercially reasonable steps to enroll Subscriber’s new

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account under the Utility’s applicable Net Metering Tariff. If Owner’s commercially reasonable efforts are unsuccessful, Owner may terminate this Agreement with no compensation to Subscriber. g. (Reserved)

7. Owner’s Acknowledgments, Rights, & Obligations. a. Acknowledgment by Owner. Owner is an entity duly organized and validly existing under the laws of its state of organization. MC2, as the authorized agent and signatory on behalf of the Owner for this Agreement, has all necessary authority to execute and deliver this Agreement and to perform its obligations hereunder. The execution and delivery of this Agreement, and the performance of the Owner’s obligations hereunder, have been duly authorized by all necessary action on the part of the Owner, and this Agreement constitutes the legal, valid, and binding obligation of the Owner, enforceable against it in accordance with its terms. b. Outages. Owner will notify Subscriber in writing if the Project is out of service for more than three (3) business days, which will include an estimate of the duration of the outage and an estimate of the production that will be lost due to the outage. No Bill Credits will be generated during an outage, and no compensation will be paid for outages of any length. c. Taxes. Owner does not make any representations or warranties to Subscriber concerning the tax implications of any bill credits provided to Subscriber in connection with the Project. d. Owner will claim and receive any and all incentives, and any other benefits of ownership of the Project, both presently and in the future. e. Owner intends to sell the Renewable Energy Credits (“RECs”) generated by the Project.

8. Assignment. Subscriber may not assign its rights or obligations under this Agreement without the prior written consent of Owner, which Owner shall not unreasonably withhold. Owner may assign this Agreement without Subscriber’s consent and without prior notice, including without limitation in connection with a sale or transfer of the Project. Upon any such assignment, the assignor shall be released from all future obligations under this Agreement and the assignee will assume all obligations of Owner under this Agreement. Any attempt by Subscriber to assign or transfer this Agreement without consent shall be voidable by Owner and constitute a Default under this Agreement. Subject to the foregoing, this Agreement shall be binding upon the Parties and their permitted successors and assigns.

9. Moving. If Subscriber moves or relocates to a new address or the service address identified in the Subscription Agreement above otherwise changes (a “Relocation”), Subscriber shall be obligated to provide Owner with written notice of such new address at least sixty (60) calendar days prior to such Relocation. Owner reserves the right to require that Subscriber provide additional evidence documenting the Relocation. a. Relocation within Service Territory. If upon Relocation, Subscriber continues to be a customer of the same Utility identified in the Subscription Agreement above and Owner successfully enrolls Subscriber’s new account under the Utility’s Net Metering Tariff, Subscriber agrees that this Agreement will continue in accordance with its terms and to provide Owner with Subscriber’s new Utility account information. In the likely event that Subscriber opens a new Utility account at its new address, such new account may be subject to Utility review and approval for enrollment under its Net Metering Tariff. Owner is not responsible for any actions or inactions by the Utility. Subscriber will be responsible for all payments due regardless of when any such changes take effect. b. Relocation Outside of Service Territory. If upon Relocation, Subscriber is no longer a customer of the same Utility as identified in the Subscription Agreement above and outside of the service territory, Subscriber may terminate this Agreement by providing thirty (30) calendar days’ prior written notice subject to the terms and conditions of Section 4.b. above.

10. Events of Subscriber Default. Subscriber will be in default of this Agreement if Subscriber: a. commits a breach or default of the Billing Agreement, including a breach of Subscriber’s payment obligations, which continues beyond any applicable cure period thereunder; b. attempts to assign this Agreement in violation of Section 8 of this Agreement; c. violates any other obligation under this Agreement and such violation continues for fifteen (15) calendar days after Subscriber receives written notice thereof; d. provides false or misleading information to Owner; or e. voluntarily commences bankruptcy, insolvency, reorganization, stay, or similar debtor-relief proceedings, or if any of the foregoing proceedings are brought involuntarily against Subscriber, or if Subscriber becomes insolvent or generally does not pay debts as they become due, or admit in writing Subscriber’s inability to pay debts, or make an assignment for the benefit of creditors.

11. Owner Remedies in Event of Subscriber Default. If Subscriber is in default under this Agreement, without limiting any other rights or remedies available to Owner under this Agreement, at law, or in equity, Owner shall have the right to take one or more of the following actions: a. take action to prevent loss, correct Subscriber’s default, or otherwise enforce specific performance of this Agreement, by court action or otherwise; b. terminate this Agreement and inform the Utility that Subscriber’s account is no longer a subscriber to the Project; or seek damages for Subscriber’s default.

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12. Force Majeure. Neither Party shall be in breach of this Agreement because of any failure or delay in complying with its obligations under this Agreement (except payment obligations) to the extent such failure or delay is due to one or more events of Force Majeure or their effects, and the periods allowed for the performance by the other Party of such obligations shall be extended for so long as such events or effects continue. For purposes of this Agreement, the term “Force Majeure” shall mean acts of God or the public enemy; war; hostilities; riots; terrorism; abnormally adverse weather conditions not reasonably anticipatable by the Parties; fires; floods; explosion; volcanic activity; accidents; riots; vandalism; regional strikes or other significant regional labor disputes; a governmental authority’s actions or failure to act; an Utility’s actions or failure to act, including any curtailment of the Project; or any other causes, whether or not of the same class or kind as those specifically named above, which are not within the Party’s reasonable control and which, by the exercise of reasonable diligence, the Party is unable to prevent. Either Party shall have the option of terminating this Agreement if a Force Majeure event continues for thirty (30) or more calendar days. If either Party terminates this Agreement due to continuing Force Majeure event, Subscriber shall be responsible for making any and all payments and any other applicable payments for Bill Credits that Subscriber receives based on generation of the Project up to the date of termination.

13. No Warranties; Limitation of Liability. EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, OWNER MAKES NO WARRANTY OR REPRESENTATION, EITHER EXPRESS OR IMPLIED, REGARDING OWNER’S OBLIGATIONS OR THE PROJECT. OWNER DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR USE OR PURPOSE. WITHOUT LIMITING THE FOREGOING, OWNER DOES NOT WARRANT OR GUARANTEE THE AMOUNT OF ELECTRICITY OR BILL CREDITS TO BE GENERATED BY THE PROJECT. Notwithstanding anything to the contrary in this Agreement or the Billing Agreement, in no event whatsoever shall either Party be liable for any special, indirect, incidental, punitive, exemplary, consequential, or similar damages, including loss of income or profits, costs of financing, loss of business, principal office overhead and expenses, lost time or goodwill, loss of reputation, or insolvency, even if the other Party has been advised of the possibility of such damages, without regard to whether such claims are based upon in breach of warranty, tort (including negligence of any degree), strict liability, contract, operation of law, or otherwise. The Parties each acknowledge and agree that they hereby waive any and all claims or rights that they may have to such damages. Without limiting the foregoing, in no event shall the maximum cumulative liability of Owner for any claim arising out of this Agreement, without regard to the form of action, exceed 70% of Bill Credits on Subscriber’s Combined Bill during the preceding 12 full billing cycles.

14. Insurance. The Owner will insure the Project at full replacement cost and bear the risk of loss, damage, theft, destruction or similar occurrence of all or any part of the Project during the Term. Evidence of insurance will be in place before the Project’s commercial operation date and is subject to change during the Term.

15. Indemnification. (Reserved). 16. Waiver of Jury Trial. EACH PARTY HERETO WAIVES ANY RIGHT IT MAY HAVE TO A JURY TRIAL IN ANY

LEGAL PROCEEDING RELATED TO, OR ARISING OUT OF, THIS AGREEMENT. SUBSCRIBER AND OWNER AGREE THAT BY ENTERING INTO THIS AGREEMENT, SUBSCRIBER AND OWNER ARE WAIVING THE RIGHT TO A JURY TRIAL.

17. Notices. All notices and all other communications contemplated by this Agreement shall be in writing and shall be deemed to have been duly given (i) if personally delivered, on the day and at the time on which such notice is delivered to the intended recipient, whether Owner or Subscriber, as the case may be, at its address for notices set forth at the top of the Subscription Agreement; (ii) if sent by U.S. Postal Service, five (5) days after having been mailed by certified or registered mail, postage prepaid, return receipt, to the intended recipient, whether Owner or Subscriber, as the case may be, at its address for notices set forth at the top of the Subscription Agreement; (iii) if by Federal Express or other reputable express mail service, when delivered by such service to the intended recipient whether Owner or Subscriber, as the case may be, at its address set forth for notices at the top of the Subscription Agreement; or (iv) when sent, if sent by electronic mail, to the email address set forth at the top of the Subscription Agreement. A Party may change the address for notices to such Party from time to time by giving written notice of such change to the other Party in accordance herewith.

18. Complaints. Subscriber may direct any questions or complaints related to this Agreement to Owner’s contact information for notices above.

19. Additional Contact Information. Illinois Power Agency (312) 814-8106 https://www2.illinois.gov/sites/ipa/Pages/default.aspx

Illinois Commerce Commission (800) 524-0795 https://icc.illinois.gov

20. Miscellaneous. a. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of

Illinois without regard to principles of conflicts of laws. b. Entire Agreement. This Agreement set forth the entire agreement and understanding between the Parties relating

to the subject matter herein and merges all prior discussions between the Parties. No other agreements,

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https://icc.illinois.gov/

representations, or understandings (whether oral or written and whether express or implied) that are not expressly set forth in this Agreement or the Billing Agreement have been made or entered into by either Party with respect to the subject matter hereof. Notwithstanding anything to the contrary in this Agreement, this Agreement shall not affect the waiver of any non-waiveable rights to which Subscriber may be entitled under any applicable law, statute, rule, or regulation.

c. Construction. The headings of Sections and sub-Sections contained in this Agreement are merely for convenience of reference and shall not affect the interpretation of any of the provisions of this Agreement. Any exhibits and schedules attached hereto are hereby incorporated herein as if fully set forth herein. Whenever the context so requires, the singular shall include the plural and vice versa. All words and phrases shall be construed as masculine, feminine, or neuter gender, according to the context. Whenever the term “include,” “including,” “included,” or a term of similar import is used in this Agreement, it shall mean “including without limiting the generality of the foregoing.” This Agreement is deemed to have been drafted jointly by the parties to this Agreement, and any uncertainty or ambiguity shall not be construed for or against any Party as an attribution of drafting to any Party. Any period of time for an act or notice under this Agreement which ends on a day which is not a business day may be timely performed on the next following business day.

d. Modifications; Waiver. No modification or amendment to this Agreement, nor any waiver of any rights under this Agreement, will be effective unless in writing signed by both Parties. No waiver by either Party of any breach of, or of compliance with, any condition or provision of this Agreement by the other Party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time.

e. Independent Contractors. The Parties are independent contractors. Other than as expressly described herein, nothing in this Agreement shall be deemed to create an agency, joint venture, or partnership relationship between Owner and Subscriber. Neither Party shall have authority to act on behalf of or bind the other Party in any way.

f. Third Party Beneficiaries. No person that is not a party to this Agreement has any right to enforce any term of this Agreement.

g. Severability. Whenever possible, each of the provisions of this Agreement shall be construed so as to be interpreted in such manner as to be effective and valid under Applicable Law. If any provisions of this Agreement or the application thereof to any Party or circumstance shall be prohibited by or invalid under Applicable Law, such provision shall be ineffective to the extent of such prohibition without invalidating the remainder of such provision or any other provision of this Agreement or the application of such provision to other parties or circumstances

h. Survival. The terms of this Agreement that expressly or by their nature survive termination of this Agreement, including Sections 11, 13, 15, and 16, shall survive any termination or expiration of this Agreement.

i. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument. Signatures transmitted by facsimile or as emailed PDF copies shall be binding as originals, and each Party hereby waives any defenses to the enforcement of the terms of this Agreement sent by facsimile or emailed PDF based upon the manner of transmission or form of signature (electronic, facsimile or “ink original”).

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ATTACHMENT 3:

Resolutions

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RESOLUTION NO. ______ WHEREAS, the Village of Glenview, (the “Village”), is a home rule municipality located in Cook County, Illinois;

WHEREAS, the corporate authorities have determined that it is in the public interest for the

Village to support renewable energy development in Illinois; WHEREAS, the Village has reviewed the Community Solar Subscription Opportunity

Assessment: Village of Glenview report which indicates that the subscription value on Glenview’s municipal accounts can generate cost saving ranging from $6,829 to $20,488 annually;

WHEREAS, the Village has reviewed the Community Solar Clearinghouse Solutions (CS2)

Program which is administered by the Metropolitan Mayors Caucus (MMC) in partnership with the Power Bureau (the Program Manager);

WHEREAS, the Village has reviewed the Community Solar Clearinghouse Solutions

Purchasing Pool Enrollment Agreement; and WHEREAS, the corporate authorities have determined it to be in the best interests of the

Village to execute the Community Solar Clearinghouse Solutions Purchasing Pool Enrollment Agreement.

NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of the Village of Glenview, as follows: That the President and Village Clerk are authorized to execute a Community Solar Clearinghouse Solutions Purchasing Pool Enrollment Agreement with the Metropolitan Mayors Caucus of Chicago, IL in the amount of $700.

PASSED this ________ day of ________________, 2019 AYES: ________________________________________ NAYS: ________________________________________ ABSENT: ______________________________________ APPROVED by me this ______ day of _____________, 2019

_________________________________ James R. Patterson, Jr., President Village of Glenview, Cook County, Illinois ATTEST: _________________________ Matthew J. Formica, Village Clerk Village of Glenview, Cook County, Illinois

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RESOLUTION NO. ______ WHEREAS, the Village of Glenview, (the “Village”), is a home rule municipality located in Cook County, Illinois;

WHEREAS, the corporate authorities have determined that it is in the public interest for the

Village to support renewable energy development in Illinois; WHEREAS, the Village has reviewed the Community Solar Subscription Opportunity

Assessment: Village of Glenview report which indicates that the subscription value on Glenview’s municipal accounts can generate cost saving ranging from $6,829 to $20,488 annually;

WHEREAS, the Village has reviewed the Community Solar Clearinghouse Solutions (CS2)

Program which is administered by the Metropolitan Mayors Caucus (MMC) in partnership with the Power Bureau (the Program Manager);

WHEREAS, the Village has reviewed the Illinois Community Solar Project Subscription

Agreement; and WHEREAS, the corporate authorities have determined it to be in the best interests of the

Village to execute the Illinois Community Solar Project Subscription Agreement, subject to final Village Attorney approval.

NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of the Village of Glenview, as follows: That the President and Village Clerk are authorized to execute a Illinois Community Solar Project Subscription Agreement with MC Squared Energy Service, LLC of Chicago, IL.

PASSED this ________ day of ________________, 2019 AYES: ________________________________________ NAYS: ________________________________________ ABSENT: ______________________________________ APPROVED by me this ______ day of _____________, 2019

_________________________________ James R. Patterson, Jr., President Village of Glenview, Cook County, Illinois ATTEST: ________________________ Matthew J. Formica, Village Clerk Village of Glenview, Cook County, Illinois

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