Agmt03 Clothes Washer Rebate - Laserfiche WebLink

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