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On-Bill Financing Program - Loan Terms Calculations 1 <br />PREPARED FOR: <br />Gary L. Levingston <br />OBer Manager, Financial Solutions Elemenl <br />Customer Energy EI(rciency & Solar Division <br />Soulhern California Edison, an Edison International Company <br />Completion DatelTime: 2/16/112:32 PM <br />Universal Project Number: <br />Customer Number: <br />Service Account Number: <br />OBF Application Receipt Date <br />PSAP-10-004891 <br />1-000-0071-30 <br />3-001-3272-71 <br />11/l/2010 <br />Project Type(s) : Customized <br />Market Segment: Govt & Inst <br />Business Name: CITY OF SANTA ANA <br />Reference Name: S. ROSS/ EDINGER LED <br />Address: 1504 1/2 S ROSS ST <br />City, CA Zip: SANTA ANA, CA 92707 <br />r- —ESTIMATED LOAN TERMS"' <br />ACTUAL TERMS WILL BE CALCULATED BASED ON FINAL REVIEW <br />AND VERIFICATION OF THE PROJECT INSTALLATION REPORT <br />1_TC1 completed as of 2/16/11 due to recently collected and approved to <br />rate, therefore, this loan app will be not be Wait-Listed as per program <br />management. <br />PROJECT ECONOMIC SUMMARY EXPLANATION.:, <br /> <br /> Total electncity charges divided by the amount of electricity purchased 1 <br />A) AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) $0.0820 during ious 12 months _JI <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />B.I. Estimated Annual Kilowatt Hour Savings (kWh) 15.812.00 For Customize, from OBF Application, calculated b Customer <br /> For Express Pending, SCE calculations based on by Maas solution code <br />B.2. Estimated Annual Dollar($) Savings (B.1 x A) $ 1.296.58 Ann KWh savings x ave rate = $$ savings <br />B.3. Estimated Monthly Dollar($) Savings (B.2 / 12) $ 108.05 (Monthly $? savings ?_ <br />C.) COSTS <br />C.1. Estimated Total Project Cost 13,230.00 From OBF Application <br />C.2. Estimated Total Rebate/Incentive 790.60 From OBF Application <br />C.3. Estimated Potential Loan Amount (Net Amount) $ 12,439.40 Maximum eligible loan amount <br />D.) LOAN <br />D.1. Net Amount for Potential Financing $ - 12,439.40 C.3 <br />D.2. Monthly Loan Repayment Amount 108.05 6.3 <br />D.3. Estimated loan term (Months) 115.1 Time required to repay an - months <br />DA. Estimated loan term (Years) 9.6 Time required to repay an -years <br />E.) LOAN LIMIT TESTS <br />E.I. Market Segment Amount of Loan Test (Maximum Loan Amount per Service Account) <br />E, 1.1 Market Segment Minimum/Maximum Loan Amount $ 1,000,000.00 Min/Max loan amount per service account <br />E.1.2.Within Market Segment Limit? Y Is D.1 within loan amount limits Y/N? <br />E.2. Customer Loan Limit Test (Previous Loans for this Customer) <br />E.2.1. Customer Loan Amount Limit <br />E.2.2. Previous Loans Reserved for this Customer <br />E.2.3. Estimated Amount Eligible for Loans <br />E.2.4. Within Available Amount? <br />E.3. Market Segment Length of Loan Test <br />E.3.1.Market Segment Loan Length Limit <br />E.3.2. Within Market Segment Loan Length Limit? <br />E.4. Expected Useful Life IEUL)' Loan Length Limit Test <br />E.4.1. Applicable Measure EUL <br />E.4.2. Within EUL Loan Length Limit? <br />E.S. EXCEPTION ANALYSIS (If Test 1 and/or Test 2 yields a "No".) <br />E.5.1. Monthly Loan Repayment Amount <br />E.5.2. Net Amount for Financing <br />E.5.3. Max Allowable Loan Terms (Months) <br />E.5.4. Max Allowable Loan Terms (Years) <br /> Max total loans amount per customer <br /> Previous loans reserved <br />$ Remaining loan funds available <br />Y Is D.1. - E.2.3. Y/N? <br />120 CIA=60 G&1=120 <br />Y Is D.3 within limit Y/N? <br /> <br /> EUL of measure with greatest kWh contribution <br />144 <br />y Is D.3 within limit Y/N? <br /> <br /> <br />r r <br /> <br />'Expected Useful Life (EUL): Each measure is expected to perform satisfactorily for a period of time. An EUL for each energy efficiency measure is <br />assigned by the California Energy Commission (CEC). The EUL for the measure involved in the energy efficiency project. <br />Agreements to Provide, Install and Fund Exhibit 3 <br />LED Street Lights 25F-26