- 5 - 2. A Metering and Solar Energy Service Guarantee in which HEH guaranteed that petitioner’s fossil fuel consumption would not exceed a specified amount per year (assuming certain conditions were met) and provided a service guarantee requiring it to repair and upgrade petitioner’s heating system and to take other remedial action if petitioner consumed “more fossil fuel than guaranteed”. 3. An Option to Extend Term; Option to Purchase Component/s in which HEH agreed to remove its equipment at the end of the purchase agreement but provided petitioner with the option to extend his purchase agreement for an additional 61-month period (the second term) “at a reduced monthly rate of 2% of the existing contracts (sic) smaller monthly energy payment rate” (i.e., 92 cents per month). The option agreement also gave petitioner the option at the end of the second term to purchase one or more components of the solar energy collection equipment based on a price to be determined under the option agreement. 4. A Memorandum of Heated Solar Water Service Agreement & Roof Release confirming that petitioner had leased to HEH the roof of his premises “for purposes including but not limited to operating the solar water heating system.” 5. A Solar Partnership Agreement (the partnership agreement) in which HEH agreed to pay petitioner $650 uponPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
Last modified: May 25, 2011