Ownership Benefits and Renewable Energy Incentives Sample Clauses

Ownership Benefits and Renewable Energy Incentives. At the request of the Company, Homeowner shall execute and deliver any application, agreement or other document(s) as may be necessary for the Company to obtain any Renewable Energy Incentives or Ownership Benefits within ten (10) business days of Homeowner's receipt thereof. Notwithstanding anything to the contrary in this Agreement, the Company shall transfer any environmental attributes (including tax credits, offsets, allowances, certificates and other such rights) allocable to the PV System or energy produced thereby to the Local Electric Utility as and to the extent necessary to permit Homeowner's participation in a net metering arrangement with such Local Electric Utility as described in Section 2.06, or as otherwise required by the Local Electric Utility. Without the prior written consent of the Company, Homeowner shall not enter into any agreement with the Local Electric Utility that would entitle such Local Electric Utility to claim any Renewable Energy Incentives or Ownership Benefits.
Sample 1
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Ownership Benefits and Renewable Energy Incentives. At the request of the Company, Homeowner shall execute and deliver any application, agreement or other document(s) as may be necessary for the Company to obtain any applicable Renewable Energy Incentives or Ownership Benefits within ten (10) business days of Homeowner's receipt thereof. As a result of the Renewable Energy Incentives retained by Company in connection with its ownership of the PV System (including, without limitation, any rebates), the following categories of costs to Homeowner have been eliminated or reduced, as applicable, pursuant to the terms of this Agreement: (1) no down payment to enter into this Agreement; (2) reduced ongoing monthly payments (by discount to the stated Reference Rate); (3) no annual automatic increase in SunStreet Rate; (4) no cost for solar system monitoring (including mobile device accessibility); (5) no cost for regular maintenance of the PV System (including cleaning, servicing, and/or repairs); (6) no payment for insurance of PV System; and (7) no transfer fee to assign this Agreement to a subsequent homebuyer. . If the Company has or will apply for any rebates under the California Energy Commission's New Solar Home Partnership, the estimated amount of such rebate is set forth on Exhibit X. Notwithstanding anything to the contrary in this Agreement, the Company shall transfer any environmental attributes (including tax credits, offsets, allowances, certificates and other such rights) allocable to the PV System or energy produced thereby to the Local Electric Utility as and to the extent necessary to permit Homeowner's participation in a metering arrangement with such Local Electric Utility as described in Section 2.06, or as otherwise required by the Local Electric Utility. Without the prior written consent of the Company, Homeowner shall not enter into any agreement with the Local Electric Utility that would entitle such Local Electric Utility to claim any Renewable Energy Incentives or Ownership Benefits.
Sample 1

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