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4. 10 -t <br />Specific Terms <br />1. Energy Solutions shall establish a non - interest bearing bank account for the purposes <br />of accepting and holding rebate funds contributed by City and CPUC energy rebate <br />funds. <br />2. City shall determine and indicate a total program rebate commitment amount for the <br />duration of the program. City shall then provide a portion of such rebate funds to Energy <br />Solutions' non - interest bearing LightWash program account. City rebate funds provided <br />to Energy Solutions shall be based on estimated rebates to be paid over the following two <br />or three -month period (or shorter period if funded by electronic funds transfer) as <br />determined by City. <br />3. In operating the LightWash program, Energy Solutions shall receive, review, screen, <br />and enter LightWash program customer application data into an electronic database. <br />4. On a weekly basis, Energy Solutions shall batch and send an electronic file containing <br />a record for each rebate application from a customer of the City (the "application batch <br />report"). Each record shall contain data provided by the customer on the application <br />including, but not limited to account numbers, installing and billing addresses, model <br />number data, and purchase and installation dates. (See sample report attached below.) <br />5. The application batch report described in #4 above will be used by City for <br />verification of participant eligibility and approval. City shall review, revise as necessary, <br />and approve or deny each application record and return the modified file by email within <br />seven business days of receiving request from Energy Solutions. <br />6. Energy Solutions shall process such approved applications, and issue a combined <br />rebate payment of the CPUC energy rebate and the water rebate, on behalf of the City. <br />Energy Solutions shall issue checks within seven business days following approval by <br />City. Energy Solutions shall not use any portion of City rebate monies for administrative <br />expenses. Energy Solutions will not commingle City rebate monies with Energy <br />Solutions' corporate account. Each rebate check issued by Energy Solutions to approved <br />customers will include a statement that conveys the following information to the <br />customer: what the check is for (i.e. clothes washer rebate) who the funding agent is (i.e. <br />City and CPUC) and a congratulatory note thank them for their participation. <br />7. Energy Solutions shall provide an agency - specific monthly Rebate Fund Account <br />Statement to City. The statement shows beginning and ending balances for the City and a <br />summary of inflow and outflows during the month. As part of this statement, Energy <br />Solutions shall request additional funding from City in order to maintain a one or two <br />month balance in the non - interest bearing account, depending on funding method (e.g. <br />check versus wire transfer) <br />Page 2 of 4 Energy Solutions/LightWash <br />