REFERRAL MANAGEMENT AND ELIGIBILITY DETERMINATION

Orient the community-based nonprofit organization or business to the requirements for eligibility, selection and participation in the CERI Program. Key action at this stage includes orienting and providing information to determine initial eligibility.

ANALYSIS AND SELECTION OF POTENTIAL CUSTOMERS

Analyze the estimated capacity of the solar system based on the consumption of the Capacity Customer, estimate necessary investment, identify availability of required documents, select the Capacity Customer and validate their interest in continuing. Actions include:

● Preliminary techno-economic analysis: technical and financial evaluation of the project, energy consumption analysis, estimated annual energy production, estimated potential savings, estimated equipment cost, net present value, cash flow and financial need to determine technical and economic feasibility of the project.
● Availability of documents: verification of the documentation required to move forward in the program process.
● Validation of Power Client Interest: obtaining the Power Client's approval to continue in the Program by signing a participation agreement.

Note: The FCPR reserves the right in its sole discretion to continue the Power Client to the next Flowering Stage (Stage III) if it determines that the conditions, characteristics or technical or financial capacity do not exist to ensure future compliance with the obligations of the CERI Program, or if it determines that other criteria are not met in accordance with the CERI Program. 

DETERMINATION OF FINANCIAL SUPPORT

Support for the Potential Client to have the technical information and recommended subsidy/donation amount prior to the loan application. Loan application documentation is submitted by the Potential Client to the selected financial institution and branch office.

Actions at this stage include:

● Selection of contractor, quotation of the cost of the solar energy system and signing of installation contract with selected contractor.
● Validation of documents required prior to funding application.
● Determination of the amount to be funded (including determination of the amount of grant, and donation when they are non-profit organizations).
● Submission of the loan application to the selected financial institution and branch of the program by the Power Client.
● Decision of the financial institution on the loan application.

IMPLEMENTATION AND MONITORING

In the last stage, once the financing is approved, the solar system is installed at the CERI Client. The actions include:
● Installation of renewable energy system.
● Programmatic evaluation of the solar energy system, satisfaction assessment and other programmatic details to maintain a recurring flow of information from the CERI Client to the FCPR.