DIAZ Solar

Prepared by: J Diaz For: Brian Woods Quote#:163385

1300 369 040 1195 S Colorado Blvd, Valid until: Oct 18
john@diazsolar.com Denver, CO 80246, United 2020
States

Solar Energy System Proposal

Dear Brian,

Thank you for the opportunity to present your Solar Energy System proposal.

Best Regards,
John Diaz
DIAZ Solar

DIAZ Solar Inc Phone: +1 303-756-8430

Email: jason@diazsolar.com
2911 Colorado Blvd, Idaho
Springs, CO 80452, United States Web: www.diazsolar.com
DIAZ Solar
Diaz Solar is a solar retailer and we aim to render our customers with exceptional solar solutions for residential and
commercial purposes. We take pride in helping American families reducing their power bills & carbon footprint.

Our dedicated team of solar system designers and installer will work with you passionately to personalize solar system
which will provide reliable solar energy for years to come. All our panels, inverters and installation comes with industry
approved and standard product and service warranty.

Recommended System Option

6.6kW $1,493 $7,700 $ 4,000
System Estimated Total System Net System
Size Annual Price including Price including
Electricity Bill taxes taxes
Savings

System Hardware
Solar Panels Inverter
Seraphim Energy Group Inc. Growatt New Energy Technology Co., Ltd.
6.600 kW Total Solar Power 5.000 kW Total Inverter Rating
20 x 330 Watt Panels (SRP-330-BMB) 1 x MIN 5000TL-X
11,680 kWh per year

Warranties: 15 Year Panel Product Warranty, 25 Year Panel Performance Warranty

Extra Specification:-

1. Extra charge for tile roofer is included in the final quote.

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DIAZ Solar
System Performance

GENERATION (kWh/day) CONSUMPTION (kWh/day)

50

40
35.9 36.4 35
32.4 32.4
33.4 30.8 31 30.5
28 28.7 29.8

160%
30

Energy From 20
Solar

10

0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

System Performance Assumptions: System Total losses: 16.2%, Inverter losses: 2.5%, Optimizer losses: 0%, Shading losses: 0%, Performance Adjustment: 0%,
Output
Calculator: None. Panel Orientations: 20 panels with Azimuth 6 and Slope 20.

Environmental Benefits
Solar has no emissions. It just silently generates pure, clean
energy.

Each Over System

Year Lifetime
160% 9 tons 278,067 199
1,787
Of CO₂, SOₓ &NOₓ Avoided CO₂ per Car km Trees Long haul
year avoided planted flights
avoided

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DIAZ Solar
How your system works
Generating Excess Partially Offset Night
Solar Usage
HOME
HOME HOME

SOLAR GRID SOLAR GRID SOLAR GRID

Electricity Bill Savings

First Year Quarterly Bill Savings Lifetime Bill Savings

$35,000 Lifetime Bill Savings$34,570
$600 $30,000
$500 $25,000
Quarterly Electricity

$400 $20,000
$15,000

$300 Old Bill

$10,000
Spend

$200
$5,000
$100
New Bill $0
$0 1 5 10 15 20

Savings Feed-in Tariff

Electricity Consumption Utility Bill Utility Bill Estimated Savings

Quarter Solar Generation
(before solar) (before solar) (after solar) (from solar)

Jan - Mar 1,739 kWh 2,944 kWh $542 $165 $377

Apr - Jun 1,909 kWh 2,651 kWh $587 $239 $347

Jul - Sep 2,005 kWh 2,960 kWh $613 $229 $384

Oct - Dec 1,645 kWh 3,124 kWh $519 $134 $384

Tariff not specified, using Residential Home Your Way Anytime (Ergon Energy 11) based on location.

Your projected energy cost is calculated by considering a 3.0% increase in energy cost each year, due to trends in the raising cost of energy. This
estimate is based on your selected preferences, current energy costs and the position and orientation of your roof to calculate the eficiency of the
system. Projections are based on estimated usage of 7300 kWh per year, assuming Residential Home Your Way Anytime (Ergon Energy 11) Electricity
Tariff.

Your electricity tariff rates may change as a result of installing the system. You should contact your electricity retailer f or further information.

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DIAZ Solar
Net Financial Impact Credit Card/Bank Transfer
Payment Option: Credit Card/Bank Transfer

$34,570 - $4,000 = $30,570

Utility Bill Net System Estimated Net Savings
Savings Cost

Cumulative Savings From Going Solar Annual Savings From Going Solar
$40,000 $4,000
Net Savings $30,570
$30,000 $3,000
$20,000 $2,000
$10,000 $1,000
$0 $0
$-10,000 Payback 2 years, 8 months $-1,000
$-20,000 $-2,000
$-30,000 $-3,000
$-40,000 $-4,000 Initial Investment
2020 2024 2029 2034 2039 2020 2024 2029 2034 2039

$14,056 3.0 years 764% 38.6%

Discounted Total Return Rate of Return
Net Present Payback Period on Investment on Investment
Value

Utility Annual System Costs

Utility Bill Total Energy Net Cumulative
Electricity Solar Savings Including
Savings Impacts
Year (before Bill Spend
Consumption Generation (after
solar) (After) (from solar) Incentives
solar)

2020 7,300 kWh 11,680 kWh $2,262 $769 $769 $1,493 $4,000 $-2,506 $-2,506

2021 7,300 kWh 11,628 kWh $2,330 $817 $817 $1,513 -- $1,513 $-993

2022 7,300 kWh 11,575 kWh $2,400 $866 $866 $1,533 -- $1,533 $540

2023 7,300 kWh 11,523 kWh $2,472 $917 $917 $1,555 -- $1,555 $2,095

2024 7,300 kWh 11,471 kWh $2,546 $969 $969 $1,577 -- $1,577 $3,672

2025 7,300 kWh 11,420 kWh $2,623 $1,023 $1,023 $1,599 -- $1,599 $5,272

2026 7,300 kWh 11,368 kWh $2,702 $1,078 $1,078 $1,623 -- $1,623 $6,896

2027 7,300 kWh 11,317 kWh $2,783 $1,135 $1,135 $1,648 -- $1,648 $8,544

2028 7,300 kWh 11,266 kWh $2,866 $1,193 $1,193 $1,673 -- $1,673 $10,217

2029 7,300 kWh 11,216 kWh $2,952 $1,253 $1,253 $1,699 -- $1,699 $11,917

2030 7,300 kWh 11,165 kWh $3,041 $1,314 $1,314 $1,726 -- $1,726 $13,643

2031 7,300 kWh 11,115 kWh $3,132 $1,377 $1,377 $1,754 -- $1,754 $15,398

2032 7,300 kWh 11,065 kWh $3,226 $1,442 $1,442 $1,783 -- $1,783 $17,182

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DIAZ Solar
Utility
Utility Bill Total Energy Annual System Costs
Electricity Solar Bill Net Cumulative
Year (before Spend Savings Including
Consumption Generation (after Savings Impacts
solar) (After) (from Incentives
solar)
solar)

2033 7,300 kWh 11,015 kWh $3,323 $1,509 $1,509 $1,813 -- $1,813 $18,996

2034 7,300 kWh 10,966 kWh $3,422 $1,577 $1,577 $1,844 -- $1,844 $20,841

2035 7,300 kWh 10,916 kWh $3,525 $1,648 $1,648 $1,877 -- $1,877 $22,718

2036 7,300 kWh 10,867 kWh $3,631 $1,721 $1,721 $1,910 -- $1,910 $24,628

2037 7,300 kWh 10,818 kWh $3,740 $1,795 $1,795 $1,944 -- $1,944 $26,573

2038 7,300 kWh 10,769 kWh $3,852 $1,872 $1,872 $1,980 -- $1,980 $28,553

2039 7,300 kWh 10,721 kWh $3,968 $1,951 $1,951 $2,016 -- $2,016 $30,570

Estimates do not include replacement costs of equipment not covered by a warranty. Components may need replacement after their warranty period.
Financial discount rate assumed: 6.75%

Quotation
Payment Option: Credit Card/Bank Transfer

20 x Seraphim Energy Group Inc. 330 Watt Panels (SRP-330-BMB)

1 x MIN 5000TL-X (Growatt New Energy Technology Co., Ltd.)

Total System Price $7,700.00 Including $700.00 TAXES

STC Point of Sale Discount $3,700.00 STC Quantity: 100.0 @ STC Price: $37.0, TAXES free.

Purchase Price $4,000.00 Including $700.00 TAXES

Signature

Name Date

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DIAZ Solar
Terms and conditions signed on this page is a part of an agreement between THE TRUSTEE FOR ASEES TRUST
Trading as “Diaz Solar” referred as “We”, “Us”, “Our” or “Ours” and the customer named on this Quote/contract
as “you” or “your”.

1. Customer
Declarations:

You declare that

1.1 You are over the legal age of 18 years.

1.2 You are one of theregisteredownersofthepropertyattheinstallationaddressandyournameison the title deed of

the Installation Address.

1.3 You have never received or have never been approved for any rebate, financial assistance solar credit or small-
scale technology certificate for small generation solar power system at the Installation Address.

2. Payment

2.1. Diaz Solar must have the final payment prior to OR on the day of the installation by credit card or
cheque. If you prefer Electronic Fund transfer (EFT), the transaction must be completed 48 Hours prior to
installation, and you must provide us with written proof of the transfer. The customer must provide credit card
details/ cheque / EFT receipt to us prior to the installation. Installation will not be carried out unless payment has
been received by us.

2.2 You are agreeing to pay us the STCs as part payment for your system. The STCs will be paid directly to us or a Diaz
Solar agent. If the Of ice of Clean Energy Regulator (http:/ ret.cleanenergyregulator.gov.au/) determines you are
not eligible to receive STCs, and therefore Diaz Solar is unable to receive the STCs as part payment, you will be
liable to pay Diaz Solar the value of the STCs, as determined by market rates.

2.3 If you are not eligible for STCs, or if you wish to claim the STCs incentive yourself, the complete payment
(including trading costs of the STCs) of the system is due before installation.

2.4 You acknowledge that if you breach any conditions of the STCs incentive regulations, you may be financially
liable to the Of ice of Clean Energy Regulator. (http:/ ret.cleanenergyregulator.gov.aul). If you commit any
breach of the Incentive Regulation, you acknowledge that DIAZ Solar will not be liable for the breach.

2.5 Diaz Solar or our agent will arrange for the complete documentation and processing of the sale of STCs. You
acknowledge that the price of STCs is governed by market movements and the REC guidelines. If the market price falls
below a certain price, we may decide to delay the installation until the price rises to a higher level. We may also
refuse to carry out installation and refund your complete deposit, if the market price falls below certain price, as
determined by us at our own absolute discretion.

2.6 If you fail to pay any amount that is due and payable under this agreement, we will be entitled to charge interest on
the unpaid amount at the current Reserve Bank target cash rate plus 2%.You will also have to pay us any costs associated
with the recovery of such unpaid amounts.

2.7 Title and ownership of the solar system will vet in you upon DIAZ Solar receiving complete payment from you for
the cost of the solar system.

2.8 Failure to pay the complete amount may result in Diaz Solar taking legal action against you and it will
void all warranties.

3. Authority of access to
property

3.1. You authorize us and our contractors, employees and installers, full access to the property at all reasonable
times to carry out all work associated with the installation of your solar system including site Inspections, the
signing of required paper work, the delivery and installation of the PV solar system, and connection to the grid.

3.2 Your co-operation is required to enable site inspections/installation to occur at the earliest possible time which
is convenient to Diaz Solar and its contractors.

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DIAZ Solar
4. Liabilities and Risk

4.1 The ownership and insurance risk of the PV solar system passes to you upon installation and DIAZ Solar receiving full
payment for the solar system. It is your responsibility to ensure that your property insurance adequately covers the cost
of your PV solar system.

4.2 You acknowledge Diaz Solar accepts no liability or responsibility for your STCs incentive as administered by the Of ice
of Clean
Energy Regulator (http:/ ret. cleanenergyregulator.gov.au/).

4.3 You acknowledge we accepts no liability or responsibility for your STCs Bonus, also known as the "feed in
tariff incentive" as administered by the relevant State or Territory government.

4.4 We accepts no responsibility for any damage or loss caused to your property by the installer which has not been
caused by the installer's negligence. All our installers are subcontractors who are required by us to have appropriate third-
party damage insurance, under relevant state and territory laws. We will work with you and the installer to rectify any
damage caused to your property by the installer's negligence.

4.5 You acknowledge that our installers will not be responsible for any damage caused to old and brittle roofing tiles
that may be cracked or damaged during installation.

4.6 DIAZ Solar will not be liable for any unexpected costs which may arise in relation to the removal and handling of
asbestos at your property to carry out the installation of the solar system.

5. Meter

5.1 Diaz Solar quote does not include the costs of any wiring or any associated work required to connect your inverter to
a meter box which is remotely located from the inverter. (i.e. where the meter box is not attached to the same
structure as the inverter such as the house or the garage.) In the event that the meter box is located remotely from the
inverter location and such costs are not provided for in the relevant Diaz Solar quote, you will be required to arrange and
pay for the performance of this electrical work separately from the installation of the solar system.

5.2 Additional minimum charges may be applicable such as to split the system in more than one row, horizontally fixing
array, and extra charges for meter box upgrade, switchboard upgrade, new wiring if applicable.

6. Delivery and Installation

6.1 We will make every reasonable effort to install your system in a timely manner. However, we will not be bound to
meeting estimated or proposed delivery, installation or system completion dates as we have no control over for
example, worldwide materials availability, peaks in demand created by changes in government legislation,
inclement weather and/or other forms of force majeure. Delayed installation or grid connection is not a valid
reason for claiming a refund or compensation from us. Please note that no responsibility for the delay in installation is
acceptable if customer details (including installation site) are incorrect.

6.2 Delays in installation are not grounds for cancellation and Diaz Solar is not liable to you for any perceived loss as a
result of these delays.

6.3 If difficulties with site access are encountered that were not notified to us at the time of quote from us to you,
additional costs incurred in ensuring the safety of our installers must be payable by the customer.

6.4 Before the installation can commence, and modifications to your roof take place, you are required to arrange
payment with the scheduling department for the balance payment of the system and that the goods remain the
property of Diaz Solar until your payment or finance payment, if applicable, is received.

6.5 A Home owner must be present during installation to sign the mandatory declaration assigning the STCs to Diaz Solar,
as per the renewable Energy Act (2000). Should the installer arrive on the agreed date and the home owner is not
present, a rescheduling fee of
$200.00 will apply and the installation will be delayed.

6.6 If you have any preference regarding panel/Inverter placement, you are required to inform the installer when they
arrive on property.

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DIAZ Solar
6.7 If you are not present at the property during the time of installation, you are required to authorize an adult to be
present at the property to sign all document and assume complete responsibility.

6.8 Upon signing the agreement, any requests for modifications to the material/equipment will incur an admin
charge from Diaz Solar. A new quote will be generated for any changes required.

7. Privacy Policy
7.1 You agree to provide us with your personal information required for the eficient functioning of Diaz Solar on
your behalf, in particular for the accurate completion of the paperwork for the STCs incentive (selling the STCs) and
network connection to the grid.

7.2. Diaz Solar will provide your information to its contractors, employees and installers only as required to effectively
perform their duties.

7.3 We will provide your information, on your behalf to the relevant bodies for the processing the STCs incentive (selling
the STCs), to the electricity distributor for connecting your PV Solar system to the grid and if required to your electricity
retailer.

7.4 Unless otherwise agreed with you, Diaz Solar will not provide your personal information to any third parties other
than those mentioned above. You must sign all necessary documents on the date of installation for the performance of
all party's obligations under this agreement.

7.6 We will not sell your personal information under any circumstances.

8. Product Warranties

The system comes with up to 5 Years installation warranty from us in conjunction with the manufacturer's warranty.
Warranty booklet will be presented to you at installation which outlines that the solar system requires servicing every
two years by a licensed solar installer. Diaz Solar does not provide any kind of warranties on the Monitoring system
which comes with the inverter.

9. Cooling off Period

You understand that under Australian Consumer Law and relevant State Building Acts you are entitled to a cooling-off
period of ten
(10) working days where required. All notifications must be received by Diaz Solar in writing via email, fax or post.

10. Finance

10.1 Diaz Solar offers various loans/finance plans in association with solar finance companies. If required, Diaz Solar
will provide refer you directly to the finance company to get approval for it.

10.2 Financing is not available on advertised specials unless agreed with us in writing. Terms and Condition of repayment
of finance and will be provided by the Finance Company.

11. Termination

11.1 We may terminate this contract with you if either of the following occurs:

11.1.1 You do not abide by the terms and conditions.

11.1.2 There are delays in the Diaz Solar process causing supplier prices to increase; in which case full deposit will be
refunded.

11.1.3 Diaz Solar has full authority to cancel the installation if installation can't be possible. Customer will receive full
refund of any deposit paid.

11.1.4 You may terminate this agreement or contract within the first 5 business working days of proposal date. You may
be eligible to get a refund of deposit after deducting administration charges. We normally procure the material or
equipment required within two weeks of receiving the signed copy of the contract. You would have to pay material cost
and $350 administration charges if the job is cancelled after 5 business working days of receiving the signed copy of
contract.

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