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Exhibit 1 <br /> Pricin <br /> 1. Initial Term:Thirty (30)years,beginning on the Commercial Operation Date(the"Initial Term"). <br /> 2. Additional Terms: Up to one(1)terms of five(5)years each beginning on the expiration of the Initial Term(each an"Additional <br /> Term"). <br /> 3. System Removal Payment: In the event that Purchaser is required to remove the System pursuant to the provisions of this <br /> Agreement prior to the thirtieth(30'11)Contract Year for any reason other than a termination of the Term as the result of an Event <br /> of Default by Seller,Purchaser shall pay to Seller(the "System Removal Payment")an amount equal to the amount set forth in <br /> the applicable contract year in the table in Section 5 of Exhibit 2 below,less ten percent(10%)of the proceeds that Seller receives <br /> from the sale or salvage of the System(if any),provided that in no event shall the System Removal Payment be less than zero <br /> 4. Purchase Option: Purchase has the option to purchase the system at the purchase cost shown in Section 6 of Exhibit 2 at any time <br /> after the 5th year of operation. <br /> 5. Contract Price: <br /> Contract Year PPA Rate($/kWh) <br /> 1 $0.0989 <br /> 2 $0.1006 <br /> 3 $0.1024 <br /> 4 $0.1042 <br /> 5 $0.1060 <br /> 6 $0.1079 <br /> 7 $0.1097 <br /> 8 $0.1117 <br /> 9 $0.1136 <br /> 10 $0.1156 <br /> 11 $0.1176 <br /> 12 $0.1197 <br /> 13 $0.1218 <br /> 14 $0.1239 <br /> 15 $0.1261 <br /> 16 $0.1283 <br /> 17 $0.1305 <br /> 18 $0.1328 <br /> 19 $0.1351 <br /> 20 $0.1375 <br /> 21 $0.1399 <br /> 22 $0.1424 <br /> 23 $0.1449 <br /> 24 $0.1474 <br /> 25 $0.1500 <br /> 26 $0.1526 <br /> 27 $0.1553 <br /> 28 $0.1580 <br /> 29 $0.1608 <br /> 30 $0.1636 <br /> The first Contract Year shall commence on the Commercial Operation Date,and each subsequent Contract Year shall commence <br /> on the anniversary of the Commercial Operation Date. <br /> {7794548:1 SEIA C&I PPA,version 2.0 <br />