Example: a 10 Kw PV System (US) Achieves 12 Tons of CO2 Reductions Per Year

RE Systems Owner Page 1 of 4

As an RE System Owner, you have invested in the future of Renewable Energy resources. Today, many Renewable Energy systems qualify for Emission Reduction Credits (ERC's). ERC’s are used to help manage greenhouse gas build up in the atmosphere, and are becoming a global commodity. To register your systems for ERC’s, open an account at the International Carbon Bank and Exchange (ICBE).Your system may also qualify for Emission Reduction Credits (ERC's).

Make your contribution count!

Steps to register an RE System

1 Open an Account

2 Register RE System

Steps to activate credits

1 Pay activation fee; submit signed documentation

2 System verified by RE Professional

3 ERC's activated in account

4 ERC's can be banked, retired, or sold through the ICBE, ClimateSafe or CarbonExchange

Registration is FREE ! Estimate income potential using ERC calculator.

Open an account at the International Carbon Bank and Exchange® and start participating in global greenhouse gas management today. Registration documents system ownership, system performance, emissions avoided and other essentials needed to allocate Emission Reduction Credits (ERC's) for your Renewable Energy system. After certification, ERC's are deposited into your account at the end of each calendar or production year. Participants can use their on-line account to update energy production information and manage the transfer and sale of ERC's. Registration and activation are currently open to PV, ST, MH, and WT systems. Biomass, Geo-Thermal, fuel cells and others will be included in the future. Registration is FREE!!

Solar Thermal Photovoltaic Micro Hydro Wind Turbine (ST) (PV) (MH) (WT)

Accreditation Level Activation fee Insurance* Discount** ICBE*** System Owner Level 0, 1, and 2 can upgrade One-time, paid by % of ERC’s % of ERC’s % of ERC’s % of ERC’s at any time System Owner L 0 $0 0 0 0 0 10 25 60 Monitored L 1 $25 5 20 25 50 Unmonitored 5 15 75 Monitored L 2 $500 5 10 15 70 Unmonitored L 3 $5,000 5 5 5 85 *May vary with project risk level, etc. **May vary due to line losses, etc. ***May vary due to proje5ct size, etc.

Example: A 10 kW PV system (US) achieves 12 tons of CO2 reductions per year: Accreditation Level Insurance Discount ICBE System Owner t/CO2 t/CO2 t/CO2 t/CO2 Level 1 Monitored 0.6 1.2 3.0 7.2 Level 2 Monitored 0.6 0.6 1.8 9.0

Accreditation Levels Activation of RE Systems Definition of Terms

Level 0 registrations receive a ►Only active, energy producing systems can Accreditation = Review of all registration number. Participants can be submitted. documentation by ICBE and declaration upgrade to a higher level at any time. ►System owner guarantees that all system of credits into an account. Level 1 registrations are cost effective information is accurate at time of submission. Activation = Verification by RE for domestic hot water systems, small ►Timely notification to ICBE of changes in professional and accreditation by ICBE. PV systems, and for other small-size RE system energy production and ownership are Discounts = compensates for systems. part of regular account maintenance. uncertainties in emission production Level 2 registrations are cost effective figures, telemetry, etc. for medium-size systems; Hospital hot Activation of Credits ERC = Emission Reduction Credit. water boiler, PV systems 10kW and Insurance = an ERC reserve that larger ►Systems will be verified by RE Professional. assures buyers of ERC supply against Level 3 registrations are best suited for ►Additional verification fees may apply. equipment failure, natural disaster, large-scale RE applications, i.e. ►Activation fees are non-refundable. fraud, etc. commercial wind farms, etc. ►After activation, system owners can use their Monitored = A kWh, Amp Hour or other account at ICBE to retire, bank, re-invest, or cumulative meter that logs energy trade ERC's. production and time. RE Professional = The professional who verifies systems for the ICBE RE Database™.

The above ERC distribution formula will change over time with market conditions, changes in Insurance assessment, Discount assumptions, Fees, commission structure, practical experience, obligations to local, state and international laws, and other factors. It is our objective to provide buyers, brokers, and sellers the most accurate, efficient and equitable CarbonExchange in the marketplace.

About System Verification

Activation procedures for Level 1 Emissions Reductions:

Activation consists of 2 parts: System Verification and Emission Reduction Certification.

System verification can be performed by an RE Professional, an Independent Third Party (ITP), or other professional under contract with ICBE. Certification is done at the ICBE after reviewing system documentation and verification details, and comparing the system energy profile with location specific emission rates.

After all documents are collected and reviewed, and activation fees have been received, qualifying Emission Reductions become ERC's, and are activated in the system owner's account.

To qualify for Level 1 accreditation, the system owner must register the system, submit signed documents (which ICBE will send) along with proof of ownership (invoice/receipt will do in most cases), recent photographs and other information as described in the system registration form.

Verification is not included in the activation fee. The cost of verification varies per country, system location, system setup, and other factors. The ICBE facilitates verification through a network of providers that include RE Professionals, ITP's and other professionals.

Verification can take place right after installation when the professional is on the job site. This saves him or her a trip, and could be free of charge. If the professional has to come out to inspect the system, charges may apply.

When a group of registered systems in the same area can be verified on the same day, charges may be less than when the professional has to come out to inspect a single system. Below is a sample of (US) verification charges for residential ST & PV systems.

Location: Within a 30 mile radius of the RE Professional's home base Verification: Single system (ST & PV) Cost: $65

Location: Within a 30 mile radius of the RE Professional's home base Verification: 5 systems (ST & PV) Cost: $35 per system

So the cost goes down as the number of systems to be verified goes up.

Activation of credits for Levels 2 and 3: 1. Site visit for verification billed to owner by RE professional 2. RE professional sends signed documentation to ICBE, who then reviews it. 3. Credits are activated to be sold OR retired. Insurance and Discount ERC's are held in reserve accounts, and are not available for sale.

The standards for verification and verifiers are continually evolving. For current information and questions regarding verification, please call (USA) 352-367-1144.

PV = Photovoltaic ST = Solar Thermal MH = Microhydro WT = Wind Turbine t = Metric tonne