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Investor Presentaiton

Context for Evaluating the State's Distributed Generation Policies •⚫ The energy landscape has changed since the original net metering (NM), virtual net metering (VNM) and Renewable Energy Growth (REG) laws were passed, including the emergence of energy storage and shift towards electrification of the State. • Over the past 3-4 years, the question of possible adjustments to the NM, VNM and REG laws (ex: 3-year sizing restriction with rooftop solar) and the solar siting subject has come before the General Assembly • OER anticipates that this legislative session will likely have bills filed with proposed amendments to the above-described laws, in addition to these subjects possibly being raised within energy storage and/or solar siting bills Copyright Sustainable Energy Advantage, LLC. 2
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