Schedule of Credit Risk Profile Based on Payment Activity

The following table reflects the outstanding loans by class of customer, none of which would be considered “non-performing.”



	As of
Outstanding Loans by Class of Customers	June 30, 2025			December 31, 2024
	Millions
Commercial/Industrial	$	29		$	38
Residential		2			2
Total		31			40
Current Portion (included in Accounts Receivable)		(15	)		(17	)
Noncurrent Portion (included in Long-Term Investments)	$	16		$	23

The solar loans originated under the remaining Solar Loan Programs are comprised as follows:

           
          Programs

          Balance as of June 30, 2025

          Funding Provided

          Residential Loan Term

          Non-Residential
Loan Term

           
          Millions

Solar Loan II

$

15

prior to 2015

10 years

15 years

Solar Loan III

16

prior to 2022

10 years

10 years

Total

$

31

The average life of loans paid in full is 8 years, which is lower than the loan terms of 10 to 15 years due to the generation of SRECs being greater than expected and/or cash payments made to the loan. Payments on all outstanding loans were current as of June 30, 2025 and have an average remaining life of approximately 2 years. There are no remaining residential loans outstanding under the Solar Loan I and II programs and less than $1 million of commercial loans outstanding under the Solar Loan I program.

Schedule of Financial Receivables [Line Items]

Schedule of Lease Receivables, Net of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based on Counterparty Credit Rating

The corresponding receivables associated with the lease portfolio are reflected as follows, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.



	Lease Receivables, Net of Non-Recourse Debt
Counterparties' Standard & Poor's (S&P) Credit Rating as of June 30, 2025	As of June 30, 2025
	Millions
AA	$	6
A-		149
BBB+		23
Total	$	178