CT-Solar-Lease---Solar-Dividends---Meter-Readings-Required-Now

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CT Solar Lease / Solar Dividends - Meter Readings Required Now

by Gemstone Lease Management, LLC on Mar 03, 2011

CT Solar Lease

Why am I receiving this message?

When you signed up for the Solar Dividends program as part of your CT Solar Lease, you agreed to be contacted via email.

As a participant in the CT Solar Lease Program, you agreed to participate in our Solar Dividends program. Solar Dividends represent a portion of the value CT Solar Leasing generates from the sale of Renewable Energy Certificates (REC). A REC is created for every 1,000 kilowatt hours of electric generation from your solar system. You agreed to submit a meter reading from your solar system at the end of each quarter.

When CT Solar Leasing sells REC's, it puts an amount based on the generation of your solar system, aside for your future use. You can use your Solar Dividends for future costs associated with your solar system. Further details are contained in the Terms and Conditions which are posted on the mysolardividends.com Website.

The success of the Solar Dividends program relies on each participant to do their part and enter a meter reading at the end of each quarter. Failure to do so will result in a loss of value in your Solar Dividends account.

In order to keep administrative costs low and provide you with more Solar Dividends, we will use e-mail as the primary tool for communicating with customers. You will receive at least one e-mail each quarter. Please do not remove your e-mail address from this list as it will require us to spend unnecessary time and expense to contact you via other means. Those costs will be charged against your Solar Dividends account balance.

Quarterly Meter Reading Due Now!

The quarterly meter reading from your solar system is due on or before March 20, 2011. If your system is not installed and operating, please ignore this reminder. Please go online today and enter a meter reading. As the deadline approaches, we will be sending out additional e-mail reminders and phone messages. To avoid these reminders, enter a reading early in the month and remember that entering a reading today will not affect your ability to enter another reading later in the month.

Important: If you are a Locus remote monitoring customer and have received this e-mail, please reply so that we can check your account and verify that an automated meter reading is available.

The most recent manual meter reading we have from your system is with a reading date of . If you believe this information is incorrect, please reply with an explanation.

Meter readings will continue to be due during each of the four Reporting Months at the end of each quarter. These months are March, June, September and December and will be called "Reporting Months". Importantly, at least one meter reading is due no later than the 20th of each Reporting Month. You may enter additional readings until the end of the Reporting Month but at least one reading must be entered on or before the 20th.

Instructions on how to access the Website were sent to you by postal mail. Please go to www.mysolardividends.com or www.datareadings.com and enter the username you were assigned along with the password. Your username should be your e-mail address where this notice was sent. If you have a problem logging in, click on the link next to the login box and someone will get back to. If your e-mail address has changed, please notify us at support@tier1generation.com.

Other Methods To Report Your Meter Reading

If you prefer not to utilize the website to enter your meter reading, there are several alternatives available.

Meter readings may be sent via e-mail to meter_readings@tier1generation.com Please be sure to include your full name; the meter reading; date that you took the reading; and the full physical address where the system is located. Please attach a digital photo of the meter if possible.

Meter readings may also be submitted to the Solar Dividends voice mailbox by calling 610-971-9500 and pressing extension 810. Please leave the information requested in the message.

Meter readings may also be sent by regular mail to Solar Dividends, C/O Gary Kleiman, 244 Chamounix Circle, Saint Davids, PA 19087. Please include all of the information requested for an e-mail submission so we can properly identify you and your system.

Solar Dividends Program Update

Customers with valid generation entered through December 2009 can now see a Solar Dividends balance on their manual input screen. Dividends earned in 2010 will be added to your total as the credits are sold in the market. All 2010 credits should be sold by mid-2011. Please remember that there is a significant lag between the sale of credits and the associated generation of your solar system.

CT Solar appreciates the fact that the vast majority of our customers are fulfilling their obligation to get meter readings into the system on a timely basis. This helps to keep administrative costs low.

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