COMMUNITY SOLAR (CBRE) COLLABORATION TOOLKIT FOR HAWAII

COURSE COMMUNITY SOLAR (CBRE) COLLABORATION TOOLKIT FOR HAWAII July 9-10, 2018 Hilton Waikiki Beach, Honolulu HI Honolulu, HI This conference was an excellent one-stop shop to share best practices and lessons learned about community solar. A great investment of time! Manager Community Renewables, Pacific Gas & Electric (PG&E) TAG US #EUCIEvents FOLLOW US @EUCIEvents EUCI is authorized by IACET to offer 1.1 CEUs for the course

OVERVIEW As Hawaii s ground-breaking community-based renewable energy (CBRE) program and tariff are implemented, all parties interested and involved in the delivery of solar projects will need a comprehensive understanding of the essential implementation components. This program s objective is to bring expertise and additional insights to bear from around the other parts of the U.S. where community solar projects have been instituted. It will offer best practices as to what has (and hasn t) worked, so that those engaged in Hawaii CBRE projects have the best opportunity of meeting the program objectives to balance and align the interests of customers, the State, utilities, and clean energy industry stakeholders, while establishing a program that promises to bring the benefits of significant, sustainable, market-based, and, ultimately, grid-supporting, renewables to more Hawaii customers. LEARNING OUTCOMES Attendees will have the opportunity at this symposium to: Assess types of solar garden and community-scale programs and development scenarios Identify how utilities and collaborating project developers must shape their development approaches to shared/ community solar gardens Appraise how the Hawaii CBRE program guidelines compare to other shared/community solar gardens, where they differ, and how the most prolific development results can be incentivized Discuss the important marketing components that drive shared/community solar gardens program subscriptions Assess the important regulatory and consumer protections elements of shared/community solar gardens Evaluate common challenges that utilities and their community-scale collaboration partners confront, and how they can be addressed Discuss case studies of how utilities around the country and their shared/community solar garden partners have collaborated for win-win solutions Compare lessons learned from community solar/garden programs around the country for application in Hawaii WHO SHOULD ATTEND Utilities Project developers Consumer and stakeholder advocates Engineering procurement contractors (EPCs) and other service providers State and island policy, regulatory and permitting agencies Island governments (RFPs) A friendly gathering of individuals with subject matter expertise worth the trip. CEO, Grasshopper Solar Content excellent learn in two days what would have taken one year or more. Speakers and presentations [were] relevant, detail-oriented and timely in the industry. Vice President Customer Service, LGE/KU PAGE 2

AGENDA MONDAY, JULY 9, 2018 8:00 8:30 am Registration and Continental Breakfast 8:30 am 5:00 pm Course Timing 12:00 1:00 pm Group Luncheon I. GENERAL PROGRAM/PROJECT INFO RE: COMMUNITY SOLAR IN THE U.S 8:15 9:00 am Types of Programs, Respective Characteristics and Development Scenarios Distinctions among types and regulatory mandates o Utility-administered o Third party- or government-administered o Community organization/customer-administered Responsibilities of program sponsor(s) Common elements, requirements and challenges 9:00 10:30 am Generic Program Design Components and Formation Customer offer Initial commitment/payment What is leased and/or owned Impact on consumer bill Billing adjustments over time Duration of contract Incentive(s) Siting and scale Participation usage and capacity limit Environmental attributes Production guarantee Accounting for turnover Subscription transfer and exit policy Subscriber buy-back provision Unsubscribed energy Physics of solar Pricing Virtual net metering Great opportunity to learn and discuss how the community solar programs have impacted stakeholders (utilities, regulators, developers, etc) Principal Contract Specialist Interconnection Services, ComEd 10:30 10:50 am Morning Break II. HAWAII-SPECIFIC PROGRAM DESIGN COMPONENTS AND FORMATION 10:50 am 12:15 pm Hawaii Program Design Components and Formation Phase I Phase II Subsequent phases/concept options 12:15 1:15 pm Group Luncheon PAGE 3

AGENDA MONDAY, JULY 9, 2018 (CONTINUED) III. PROGRAM ASPECTS THAT MERIT SPECIAL ATTENTION 1:15 2:15 pm Customer Engagement and Common Challenges Creation of a program framework Interconnection/queue management process Ownership structure of project Setting customer credits/compensation Engaging low/moderate income customers IT and technology implementation Payment credits 2:15 3:00 pm Ensuring Low/Moderate Income in Hawaii 3:00 3:15 pm Afternoon Break IV. LESSONS LEARNED FROM EXISTING (NON-HI) COMMUNITY SOLAR PROGRAMS 3:15 4:45 pm Case Studies: Performance of Non-Hawaii Community Solar Programs with a Focus on Specific Policy Elements Colorado Massachusetts Oregon New York 4:45 5:30 pm Lessons Learned that May Be Applicable to Hawaii CBRE Projects 5:30 pm Program Adjourns for Day TUESDAY, JULY 10, 2018 7:30 8:00 am Continental Breakfast V. FORMULATING YOUR PROJECT(S) 8:00 9:45 am Structuring Community Solar Projects The Community-Scale Solar Investment Opportunity Forming the Team Project and Site Variables 9:45 10:00 am Morning Break 10:00 am 12:00 pm Financing Elements and Metrics Solar garden subscription and ownership considerations o Are solar garden subscriptions deemed a security by the SEC? o Environmental attributes and their assignment Financing Elements and Metrics PAGE 4

INSTRUCTORS James Duffy Partner, Nixon Peabody LLP James F. Duffy is a partner in the Boston office of the national law firm, Nixon Peabody LLP. He serves as the Chair of the firm s Renewable Energy Tax Credit Team and concentrates his practice on structuring and closing transactions involving federal income tax credits and other significant federal and state income tax incentives, including Production Tax Credits for wind and other forms of renewable energy, Energy Investment Tax Credits for solar and certain other forms of renewable energy, as well as Treasury cash grants in lieu of Energy Investment Tax Credits. His practice also covers New Markets Tax Credits, Historic Rehabilitation Tax Credits, and Low-Income Housing Tax Credits. He has represented numerous developers, investors, syndicators and lenders in structuring and closing renewable energy and other transactions and is a frequent speaker on tax-oriented investment structures at renewable energy industry conferences and seminars, including conferences sponsored by the American Wind Energy Association (AWEA), the New York Solar Energy Industries Association (NY SEIA), the Environmental Business Council of New England (EBC), Power-Gen, the American Bar Association (ABA), Novogradac & Co., The Reznick Group, the Institute for Professional Education and Development (IPED) and many others. He is a member of the American, Massachusetts, and Boston Bar Associations. He has served as the chair of the Equity Finance Committee of the Real Estate Section of the Boston Bar Association and as a member of the Real Estate Steering Committee of the Boston Bar Association and is admitted to practice in Massachusetts. He is a graduate of the University of Rhode Island, B.A., summa cum laude (1978), and The Harvard Law School, J.D. (1981). Eric S. Graber-Lopez President, Blue Wave Capital Eric S. Graber-Lopez is co-founder and President of BlueWave Solar. He is deeply involved in all aspects of BlueWave Capital s development activities with a focus on project financing, regulatory affairs, as well as corporate development and strategy. He and chairman John DeVillars joined forces to launch BlueWave s solar development activities. Prior to starting the company, Mr. Graber-Lopez served as Vice President and Senior Equity Analyst on the Specialty Equity Growth Team at Putnam Investments, where he was part of a team managing $8 billion in U.S. mid- and large-cap growth equity portfolios. At Putnam, he focused on the energy, alternative energy, materials, and utilities sectors and was responsible for his team s investments in those sectors in both public and private markets. Mr. Graber-Lopez started as a Senior Equity Analyst within Putnam s Global Equity Research Group and was a member of the Natural Resources and Utilities fund teams. During his years on the sell-side, he focused on the Energy and Utilities industries and was ranked by several leading industry surveys as being among the top analysts in his field. Mr. Graber-Lopez has extensive experience in firm valuation, mergers and acquisitions advisory services, private equity transactions, and portfolio management. He holds an MBA from MIT s Sloan School of Management and a BA from Hampshire College. Tom Hunt Senior Vice President Corporate Development, Clean Energy Collective Tom Hunt brings a broad background in energy markets, policy, and technology to the Corporate Development department at CEC. In his role, he lead s CEC s involvement in policy and regulatory matters, expansion of community solar markets, and development of new products. Previously he was the Senior Policy Advisor for the Colorado Governor s Energy Office under Governor John Hickenlooper. Before working on energy policy he worked on energy production as a chemist researching biofuels synthesis methods. He has graduate degrees in energy economics from Colorado School of Mines and the Institut Francais du Petrole and a B.S. in biochemistry from Washington and Lee University. PAGE 5

INSTRUCTORS Matthew T. McDonnell Commission Counsel, State of Hawaii Public Utilities Commission (invited) Matthew T. McDonnell serves as Commission Counsel at the State of Hawaii Public Utilities Commission, where he supports numerous efforts, including integrated demand-side management, energy efficiency, community solar, and other DER-related issues. His experience in energy consulting and electric utility regulation has focused on DERs and the development of new utility regulatory and business models. As a consultant, Mr. McDonnell has advised clients on a variety of energy projects including independent review of generation options analysis, as well as, regulatory issues involving the transmission and sale of electricity. His clients ranged from municipalities and energy firms, to public utilities and stakeholder groups. He has authored numerous publications on diverse topics including Section 111(d) of the Clean Air Act, Renewable Energy Credits in Arizona, and business models that engage and empower consumers. Mr. McDonnell earned his Juris Doctor from the University of Arizona and a B.A. in Finance from Michigan State University. Melissa Miyashiro Chief of Staff, Blue Planet Melissa Miyashiro is Chief of Staff at Blue Planet Foundation. She oversees the organization s strategic planning, communications, and organizational development. She received a law degree and a certificate in Environmental Law from the William S. Richardson School of Law and a B.S. in Environmental Science from the University of Denver. Prior to joining Blue Planet, Ms Miyashiro worked as a legal fellow assisting state agencies in Hawaii with administrative rulemaking, invasive species law and policy, and inter-agency coordination. She has authored papers on climate justice and taught persuasive writing and legislative advocacy at Hawaii s law school, and also worked as a litigator in private practice and completed a clerkship at the Hawaii Intermediate Court of Appeals. Before attending law school, Ms Miyashiro worked as an environmental scientist for a Hawaii-based consulting company, managing multiparty environmental projects. In 2016, she was selected as one of the Pacific Business News 40 Under 40 young professional leaders. She serves as a Women in Renewable Energy (WiRE) board member and as an editor for the Hawaii Bar Journal. Nate Owen CEO, Ampion Nate Owen is Founder and CEO of Ampion, providers of a web-based platform to bring energy retailing systems and back office best practices to renewable energy asset management; the company was recently re-branded from Acadia Micro. Prior to his involvement at Ampion, Mr. Owen founded and served as CEO of ESG, where he led efforts to establish data and business process standards in New England, New York, PJM, ERCOT, and California. He sold the company in 2013 and pivoted to the renewable energy sector. He is a co-chair of the NY PSC CDG work group to establish data communication protocols between utilities and shared renewable sponsors. PAGE 6

INSTRUCTORS Marta Tomic Program Director Community Solar, Vote Solar Marta Tomic serves as Vote Solar s Community Solar Program Director. In this role, she works to expand community solar programs and best practices across the U.S. through advocacy and policy initiatives. She has more than nine years of experience in the environmental and energy fields with a passion for advancing clean energy policies at the state level. Ms. Tomic obtained substantial experience in both the private and public sector prior to joining Vote Solar s team. She previously served as Deputy Director of Policy and Electricity Markets at SolarCity, one of the largest solar energy and energy storage developers in the country, leading legislative and regulatory affairs for the entire Mid-Atlantic region. Before that, as the Maryland Energy Administration s Solar Program Manager, she designed and managed multiple statewide grant programs and technical assistance projects. Very well organized/ planned event. Informative, and great networking opportunity. Marketing Program Manager, South Carolina Electric & Gas A good variety of speakers and topics. Associate General Counsel, Hawaiian Electric I loved the smaller group of highly engaged experts. Strategy Research & Innovations Manager, CPS Energy PAGE 7

REQUIREMENTS FOR SUCCESSFUL COMPLETION Participants must sign in/out each day and be in attendance for the entirety of the course to be eligible for continuing education credit. INSTRUCTIONAL METHODS Case studies and PowerPoint presentations will be used in this program. IACET CREDITS EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, EUCI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard. EUCI is authorized by IACET to offer 1.1 CEUs for the course. EVENT LOCATION A room block has been reserved at the Hilton Waikiki Beach, Honolulu HI, 2500 Kuhio Ave, Honolulu, HI 96815, for the nights of July 8-9, 2018. The hotel is ideally located in the heart of the island, Hilton Waikiki Beach is only one block from the sea. Room rates are US $229, plus applicable tax. To reserve your room, please call 1-808-922-0811. The cutoff date to receive the group rate is June 8, 2018 but as there are a limited number of rooms available at this rate, the room block may close sooner. Please make your reservations early. REGISTER 3, SEND THE 4TH FREE Any organization wishing to send multiple attendees to this course may send 1 FREE for every 3 delegates registered. Please note that all registrations must be made at the same time to qualify. A small group setting that allows for great networking opportunities. Northeast Regional Energy Coordinator, USDA Rural Development Energy Division PAGE 8

PLEASE REGISTER WWW.EUCI.COM p: 303-770-8800 f: 303-741-0849 COMMUNITY SOLAR (CBRE) COLLABORATION TOOLKIT FOR HAWAII COURSE July 9-10, 2018: US $1495 Early bird on or before June 22, 2018: US $1295 Please make checks payable to: PMA" EVENT LOCATION A room block has been reserved at the Hilton Waikiki Beach, Honolulu HI, 2500 Kuhio Ave, Honolulu, HI 96815, for the nights of July 8-9, 2018. The hotel is ideally located in the heart of the island, Hilton Waikiki Beach is only one block from the sea. Room rates are US $229, plus applicable tax. To reserve your room, please call 1-808-922-0811. The cutoff date to receive the group rate is June 8, 2018 but as there are a limited number of rooms available at this rate, the room block may close sooner. Please make your reservations early. ENERG ZE WEEKLY How did you hear about this event? (direct e-mail, colleague, speaker(s), etc.) Print Name Job Title Company What name do you prefer on your name badge? Address City State/Province Zip/Postal Code Country Phone Email List any dietary or accessibility needs here CREDIT CARD INFORMATION Name on Card Billing Address Account Number Billing City Billing State Exp. Date Security Code (last 3 digits on the back of Billing Zip Code/Postal Code Visa and MC or 4 digits on front of AmEx) OR Enclosed is a check for $ to cover registrations. Substitutions & Cancellations Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before June 8, 2018 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of course cancellation, EUCI s liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at at 303-770-8800. (201) 871-0474. EUCI reserves the right to alter this program without prior notice. PAGE 9