Solar 101

Residential Solar Photovoltaic (PV) Typical rooftop PV systems on single family residential properties: · . Capacity: 1-20 kW (average 8 kW) Sized to account for majority of yearly household electricity use (but not more than) Normally grid-connected Uses net energy metering (NEM) Residential entity is electricity off-taker Average cost: $3.10/watt in Q4 2021 . Average cash system cost: ~$20,000 Finance Options • . Third Party Ownership (Lease/PPA) Debt Financing through installer Self-financed 18% Market Share in 2021

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