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On -Bill Financing Program - Preliminary Loan Term Calculation (LTC1) <br />Completion Daterrime: 12/14/2016 6:48 AM <br />"' LTG1 — <br />Project Number: 353-16-0500831253 <br />ACTUAL TERMS WILL BE CALCULATED <br />Service Account: 3-005-5214-51 <br />BASED ON FINAL REVIEW AND VERIFICATION <br />Customer Number: 1-0-000-7130 <br />OF THE PROJECT INSTALLATION REPORT <br />Customer Account Number: 2-22-264-5319 <br />$ 407,795.14- <br />OBF Application Receipt Date: 2/16/2016 <br />$ 1,000,000 <br />E.2.2. Previous Loans Reserved for this Service Account <br />LTC1 Reserved Amount Is $407,795.14 <br />Project Type(s) : Customized and Deemed <br />First month payment Is $2,309.38 <br />Market Segment: Government and Institutions <br />118 subsequent monthly payments $3,436.32 <br />Business Name: SANTA ANA CITY OF <br />Reference Name: LTC -1 /PEND EDSANTA ANA -ADMIN AND MAINT <br />Address: 220 S DAISY AVE <br />City, CA Zip: SANTA ANA, CA 92703 <br />PROJECT ECONOMIC SUMMARY I` EXPLANATION <br />A. AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) $ 0.13640 Based on Billing History <br />B. ENERGY EFFICIENCY PROJECT SAVINGS <br />B.I. Estimated Annual Kilowatt Hour Savings (kWh) 302,315.4 From Approved Project Application <br />B.2. Estimated Annual Dollar($) Savings <br />B.3. Estimated Monthly Dollar($) Savings <br />C. COSTS <br />$ 41,235.82 Estimated Annual kWh Savings x Average Rale = $ savings (B.1 x A) <br />$ 3,436.32 Estimated Monthly$ Savings (B.2/12) <br />C.1. Estimated Total Project Cost <br />$ 477,664.09 <br />C.2. Excess Project Cost <br />$ - <br />C.3. Estimated Total Rebate/Incentive <br />$ 69,868.95 <br />CA. Other <br />$ <br />C.5. Estimated Potential Loan Amount (Gross Amount) <br />$ 407,795.14- <br />C.6. LTC1 Reserved Amount <br />C.7. LTC2 Reserved Amount <br />0.2. Monthly Loan Repayment Amount <br />D.3. Actual loan term (Months) <br />D.4. Actual loan tens (Years) 9.9 <br />E. LOAN LIMIT TESTS <br />E.1. Market Segment Amount of Loan Test (MInIMax Loan Amount) <br />E.I.I. Market Segment Minimum Loan Amount <br />$ 5,000 <br />E.1.2. Market Segment Maximum Loan Amount <br />Facility <br />E.1.3. Within Market Segment Limit? <br />Y <br />E.2. Customer Loan Limit Test (Previous Loans for this Service Account) <br />E.2.1. Service Account Loan Amount Limit <br />$ 1,000,000 <br />E.2.2. Previous Loans Reserved for this Service Account <br />$ <br />E.2.3. Estimated Amount Eligible for Loans <br />$ 1,000,000.00 <br />E.2.4. Within Available Amount? <br />Y <br />From Approved Project Application <br />Based on 20% Basic Lighting Cap Rule <br />From Approved Project Application <br />(C.1) -(C.2) -(C.3) -(CA) <br />From LTC1 calculation following Approved Project Application <br />LTC2 Loan Amount per policy cannot be greater than LTC1 amount <br />Lesser of (C:5) or (C.6) or (E.1.2) or (E.2.3) or other rules apply <br />(B.3) <br />Time required to repay loan in months (subject to <br />exception analysis below) <br />Time required to repay loan in years: (D.3) /12 <br />Minimum Loan Amount per Service Account or Bundle <br />Com, Ind, Ag = $100,000, G&1= $250,000 <br />Is D.1 within loan amount limits Y/N? <br />(E.1.2) or $110 for G&I Facility <br />Total of previous OBF loans+ reservations <br />(E.2.1) - (E.2.2), If < 0, then 0. <br />Is D.1. < E.2.3. Y/N? <br />E.3. Length of Loan Test <br />E.3.1. Loan Length Limit (months) 120 CIA (lighting) = 36, CIA (non -lighting) = 60, G&I = 120 months <br />E.3.2. Within Loan Length Limit? Y Is D.3 within limit Y/N? <br />EA. Expected Useful Life (EUL)* Loan Length Limit Test <br />E.4.1. Applicable Measure ELL (months) 144 ELL in months of measure with greatest kWh contribution <br />E.4.2. Within EUL Loan Length Limit? Y Is D.3 within limit Y/N? <br />E.5. EXCEPTION ANALYSIS (If any EA thru EA. yields a "No") Exception Analysis Loan Minimum Requirement Test <br />Does the loan amount from Exception Analysis meet the $5K loan <br />minimum requirement? YES <br />E.5.1. First Payment Amount $ 2,309.38 <br />E.5.2. Subsequent Monthly Loan Repayment Amount $ 3,436.32 Based on minimum loan requirement of $5K and supplemental <br />E.5.3. Subsequent Monthly Payments 118 Exception Analysis, this amount qualifies for an estimated OBF <br />E.5.4. Net Amount for Financing $ 407,795.14 loan. <br />'Eape UsefulLae(EUQ: EsOmeasurebespeaedmperformoerafzMdlforaponeorume, An EULfor <br />samemryyoff enrymeasmebawyre EyngC Teomu Eneryy Commi on(CEC). <br />LTC 10: 11170 <br />25C-23 <br />