The document discusses various models for financing clean energy projects. It describes programs that provide unsecured loans for home energy upgrades through partnerships with contractors. Larger secured loans may also be available. Loan terms typically range from 2-10 years. Interest rates are usually between 0-8.99% with some programs offering lower rates. Credit enhancements like loss reserves help mitigate risks. Successful programs tend to be simple, accessible through contractors, and have flexible financing options tailored to different project sizes and sectors.

1. Models for Financing Clean Energy Matthew H. Brown ConoverBrown LLC [email_address] 720 246 8847

15. Customer Contacts Contractor and Arranges for Work Performance Customer Fills Out Loan Application Provided by Contractor Lender Processes Loan App Lender Rejects App Loan Approved Contractor Completes Work and Subject to Approval by Customer/Utility, Is Approved for Payment Lender Pays Contractor Utility Places Principal & Interest Charge on Utility Bill Utility Pays Lender Upon Receipt 3 rd Party Escrows Loss Reserve In Case of Default, 3 rd Party Pays Lender According to Loss Reserve Terms A Conceptual Model Under Discussion Lender Bills Borrower for Principal & Interest Customer Pays Lender

16. Customer Contacts Contractor and Arranges for Work Performance Customer Fills Out Loan Application Provided by Contractor Lender Processes Loan App Lender Rejects App Loan Approved Contractor Completes Work and Subject to Approval by Customer/Utility, Is Approved for Payment Lender Pays Contractor Utility Places Principal & Interest Charge on Utility Bill Utility Pays Lender Upon Receipt 3 rd Party Escrows Loss Reserve In Case of Default, 3 rd Party Pays Lender According to Loss Reserve Terms A Conceptual Model Under Discussion: 2ndary Market Lender Bills Borrower for Principal & Interest Customer Pays Lender Lender sells loan to secondary market investor Loan Servicer Bills Customer Customer Pays Servicer In Case of Default, 3 rd Party Pays Investor According to Loss Reserve Terms

18. Influence of Loan Term on Payments

25. Credit and default rates