1. Unlocking New Opportunities for
Municipalities and Water District in
Solar

2. Not long ago, most Districts and Municipalities were under the
impression that solar was an expensive technology that
couldn’t reduce operating costs or generate additional revenue
for their properties. But a lot has changed.
Today, Districts and Municipalities have the ability to show that renewable energy is more than make a
statement about social responsibility. It can create significant benefits to your bottom line.
The RES-BCT program (formerly AB 2466) was established by the legislature effecCve January 1, 2009, and is
codified in SecCon 2830 of the Public UCliCes Code. It allows a Local Government with one or more eligible
renewable generaCng faciliCes to export energy to the grid and receive generaCon credits to benefiUng
accounts of the same Local Government (AB 1031 expanded applicability to universiCes).
Just as organizations are exploring solar for different reasons, every District and Municipality will have a
different program that it can participate in to maximize additional revenue or cutting expenses because
we know that one size does not fit all. We work closely with every customer to understand their
business challenges and build a plan that is aligned with their strategies.
At the heart of our approach is a consultative relationship with our customers that allows us to
collaboratively develop energy solutions that will cover an entire portfolio of sites and maximize the
available footprint. We offer innovative Public Private Partnerships with District and Municipalities with
0% dollars spent on budgets with site leases where we act as an additional tenant on your property as
well as Power Purchase Agreements (PPAs) for Municipal Districts who wish to purchase the power
produced by the solar while minimizing their up-front investment.

3. A Trusted Advisor in Clean
Energy
Power Purchase
Agreements (PPAs)
With a Photon power purchase
agreement, commercial property
owners can find ways to monetize
operations that traditionally have
been cost centers, No money down
with reduced energy costs from day
1 allow our customers to allocate
capital to other areas of their
businesses.
Site Leases
If you’re a commercial property owner
who does not occupy your own building
and doesn’t have your tenants on a
triple-net lease, a Photon site lease
might be the best options for you. We
look to lease your rooftop or parking lot
space for a 20-year term and hope to
become your best tenant. We’ll sell the
power generated at your property to the
local utility and you receive an annual
lease payment.
PACE
Local cities and counties have
established Property –Assessed Clean
Energy (PACE) programs through out
the US that allow commercial building
owners and Districts to finance clean
energy projects through their property
tax bill for up to a 20 year term.
CREBS
Clean renewable energy bonds (CREBs) may
be used by certain enCCes -- primarily in the
public sector -- to finance renewable energy
projects. The list of qualifying technologies is
generally the same as that used for the
federal renewable energy producCon tax
credit (PTC). CREBs may be issued by electric
cooperaCves, government enCCes (states,
ciCes, counCes, territories, Indian tribal
governments or any poliCcal subdivision
thereof), and by certain lenders.
OPTIONS
© Photon Development, LLC All Rights Reserved.
Photon is a complete clean energy services
provider that partners with customers to
produce long-term relationships that yield
healthy returns for all parties involved.
We are dedicated to helping commercial real
estate owners maximize their investments in
their properties through renewable energy.
We work with our customers to model their
electricity consumption habits and provide
detailed analysis on how best to use and
produce energy. We provide in-depth tariff
reviews and load management assessment,
allowing us to help our customers realize the
full value of their options and providing
confidence in moving forward with a solution
that will deliver the highest possible value for
years to come.