On the Guarantee & Maintenance Preferences page you can select two sets of preferences, that will be filled by default on every new system you create:

• Systems < 30kWp
• Systems ≥ 30kWp

You can then customize and change the Guarantee & Maintenance Settings for each individual system.

The system level Guarantee & Maintenance Settings will have an impact on how system reports and end customer offers are populated.

Make sure to save your changes before exiting the page.

Contract Term

• Contract terms are in blocks of 5 years to match the performance guarantee terms.
• When Autarco provides an O&M Service, the term for the performance guarantee and O&M is the same. In fact, there is just one single contract.

Beneficiary

• The Beneficiary is who Autarco is providing the service to.
• When Autarco provides an O&M Service, the Beneficiary of the performance guarantee and O&M is the same. In fact, there is just one single contract.

What happens when Dealer is the beneficiary?

• This may happen if the Dealer wants to backstop a performance guarantee they have issued themselves.
• The Dealer is responsible to meet the Beneficiary obligations in the Autarco contract. If the Dealer chooses to be the beneficiary then Autarco will not directly contact with the end customer.

Guarantee Type

• kWh
  • New and improved kWh guarantee as of 17 June 2021.
  • Option for Standard and Premium.
  • Higher guaranteed yields.
  • Prices fixed per kWp.
• PR (>30kWp only)
  • New type of guarantee as of 17 June 2021.
  • Option for Standard and Premium.
  • Annual payouts or every 5yrs.
• Legacy kWh
  • Only available for old systems and existing sales agreements as of 17 June 2021.
  • Extensions charged as % of guarantee value.

Compensation

• The rate that underperformance will be paid at.
• €0.03/kWh to €0.30/kWh.
• Changes to compensation rate result in linear changes to Performance Guarantee Cost.

Insurance Level

• Standard
  • A kWh guarantee issued by Autarco with portfolio level insurance.
  • €2.00/kWp based on Compensation of 0.10/kWh.
• Premium
  • A kWh guarantee issued by the kWh Guarantee Fund foundation with system level insurance backed by Lloyd’s of London.
  • ~100% insured. Difference between guaranteed and insured held as cash reserve in the Fund.
  • €4.00/kWp based on Compensation of 0.10/kWh.

O&M Provider < 30kWp

• There is no mandatory O&M contract for systems < 30kWp, but the Beneficiary of any performance guarantee has obligations that must be met. In particular the “Minimum Maintenance Requirements”
• The Dealer can choose to provide the O&M Service or to make the Beneficiary themselves responsible.

O&M Provider ≥ 30kWp

• For systems ≥ 30kWp a professional O&M contract matching the term of performance guarantee is mandatory.
• Autarco offers an O&M Service for systems ≥ 30kWp.
• Dealers have freedom to choose to do O&M themselves, or offer Autarco O&M.

Autarco O&M: O&M Level

• When Autarco provides the O&M Service there are two levels to choose from;
  • Basic: Scheduled maintenance services and notifications when additional action is required to meet the minimum maintenance requirements of performance guarantees.
  • Premium: All inclusive service to meet the minimum maintenance requirements of performance guarantees.  (*some exclusions apply according to t&c)
• When Autarco provides the O&M Service we will invoice the Beneficiary directly.
• More information on Autarco O&M

A Conditional Contract can be generated at any time prior to submitting the system for registration. To create a Conditional Contract,

1. from the System Page go to ‘Asset Management’ -> ‘Guarantee & Maintenance’ (OR) Click on the Performance Guarantee description in the system information section.
2. Click on Print Conditional Contract in the top right.

Conditional Contracts have no legal validity and are just for informational purposes only.

The contract reflects the current Guarantee & Maintenance Settings as well as the Digital Twin at the time of the contract creation.

After Registration is complete and we have verified the system is performing as expected, we will issue the final contract for acceptance. The final contract and the conditional contract will be identical if there are no changes to Digital Twin or the Guarantee & Maintenance Settings.

Guarantee Certificates will only be available after the Beneficiary has accepted a final contract.

Dealers are eligible for two types of recurring revenue;

• Contract Commissions
• Performance Bonus

How can I earn commissions?

• 10% of the cost of performance guarantee for systems <30kWp
• 10% of cost of total contract when Autarco is the O&M provider.
• When Dealer is the O&M provider for systems >30kWp, no commission is paid. The Dealer can set their own price in this situation knowing that O&M is a mandatory condition of our performance guarantees.

When are commissions paid?

• Commissions become due at the start of each 5 year guarantee period after the annual payment is received from the beneficiary for that year.
• Commissions will be paid quarterly.

Dealers are eligible for two types of recurring revenue;

• Contract Commissions
• Performance Bonus

How can I earn a Performance Bonus

• When a system with a performance guarantee performs with an EPI >100% over a guarantee period the Dealer will receive a bonus equal to 10% of the guarantee cost.
• We provide this bonus to encourage Dealers to ensure that the designs and installs are done to the highest quality standard.

When are commissions paid?

• Commissions become due at the maturity of each guarantee period provided the EPI > 100%
• Commissions will be paid at the end of each quarter that they become due.