Clear SkiesSavings and Reliability with Propane Autogas

Steven Dollsteven@clearskies.co

Complete Fleet Solution

● Convert fleet vehicles to run on Propane● Arrange onsite or offsite fueling● Monitor savings

No upfront cost to fleet owner, we make back our investment through shared savings

Propane taxi fleets in Baltimore, Pittsburgh and Las Vegas

Portland, Oregon School Buses

Law enforcement in Virginia, North Carolina and Georgia

Target market● light duty gasoline vehicles● fleets of 20-200 vehicles● return daily to a central location

40,000Companies

1.6mVehicles

$9bFuel sales

$5bPotential projects

The problem

● No integrated solution

● Upfront capital cost

The Clear Skies Solution

Complete package● Vehicle

conversions● Fueling station● Financing● Monitoring

No upfront cost● Fleet owner gets

guaranteed savings on day #1

● We make back our investment over time in fuel sales

Alternative Fuels are held back by business model, not technology

In 2005 SunEdison introduced a “no upfront cost” business model for commercial rooftop solar. This unlocked a huge market opportunity, now over $2B per year.

Clear Skies is introducing a similar model. Fleet managers tell us that alternative fuels including propane are positioned for similar explosive growth.

Rooftop Solar● $2.2B per year● 85% use a “no

upfront cost” model

The Clear Skies model● No upfront cost to

customer● ~ $3,500 for each

vehicle conversion● 1 to 2 year payback● Contract similar to a

mobile phone● Monitoring through fuel

cards

● Project finance via $20m-50m fund (SPV) to capitalize new projects, same model as rooftop solar

● Fuel price hedging between gasoline and propane

Team

Steven DollMechanical engineer and Oxford MBA

Tony PavloMechanic and alternative fuels specialist

We’re Bootstrapping

Seeking our first customers...● will get preferential attention and contract

terms● in exchange for partnering with us to unlock

this market

Also mentors and industry partners

Clear SkiesSavings and Reliability with Propane Autogas

Steven Dollsteven@clearskies.co202-386-0190

Thank you...