Customer Financing. a) RGS believes that the future sales for Powerhouse 3.0 will be significant and to achieve meaningful sales growth, facilities need to be arranged to facilitate customer financing. RGS proposes to: i) Utilize current financing relationships with 3rd party financing providers to offer: (1) Loan options that incorporate various terms and corresponding rates (2) Lease options ii) Endeavor to see that customers can get financing for both the cost of the Powerhouse 3 shingles as well as the additional expense of the re-roof. (1) We believe that this “one stop” financing solution enabling customers to wrap up the entire project into one convenient payment will greatly enhance the value proposition to customers, resulting in greater sales success.
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Sources: Technology License Agreement, Technology License Agreement (Real Goods Solar, Inc.)