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On-Bill Financing Program - Loan Terms Calculations 1 <br />PREPARED FOR: <br />Gary L. Levingston <br />Offer Manager, Financial Solutions Element <br />Customer Energy Efficiency 8 Solar Division <br />Southern California Edison, an Edison International Company <br />Completion DatelTime: 2116111 3:D4 PM <br />Universal Project Number: PSAP-10-004891 <br />Customer Number: 1-000-0071-30 <br />Service Account Number: 3-001-3272-76 <br />OBF Application Receipt Date: 11/112010 <br />Project Type(s) : Customized <br />Market Segment: Govt & Inst <br />Business Name: CITY OF SANTA ANA <br />Reference Name: S. SHELTON / EDINGER LED <br />Address: 1501 1/2 S SHELTON ST <br />City, CA Zip: SANTA ANA, CA 92707 <br />I -ESTIMATED LOAN TERMS- <br />ACTUAL TERMS WILL BE CALCULATED BASED ON FINAL <br />REVIEW AND VERIFICATION OF THE PROJECT INSTALLATION <br />REPORT <br />LTC1 completed as of 2/16111 due to recently collected and approved <br />tariff rate, therefore, this loan app will be not be Wait-Listed as per <br />program management <br />PROJECT ECONOMIC SUMMARY EXPLANATION^, . <br /> <br /> Total electricity charges divided by the amount of electricity purchased <br />A.) AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) $0.0820 during previous 12 months <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />B.A. Estimated Annual Kilowatt Hour Savings (kWh) 20,805.00 For Customize, from OBF Application, calculated b Customer <br /> For Express Pending, SCE calculations based on Mess solution code <br />B.2. Estimated Annual Dollar($) Savings (B.1 x A) $ 1,706.01 Ann KWh savings x ave rate = $ savings <br />B.3. Estimated Monthly Dollar($) Savings (B.2 / 12) $ 142.17 Monthly $ savings <br />C.) COSTS <br />C.1. Estimated Total Project Cost 19,845.00 From OBF Application <br />C.2. Estimated Total Rebate/Incentive 1,040.25 From OBF Application <br />C.3. Estimated Potential Loan Amount (Net Amount) $ 18,804.75 Maximum eligible loan amount <br />D.) LOAN <br />D.1. Net Amount for Potential Financing $ 18,804.75 C.3 <br />D.2. Monthly Loan Repayment Amount 142.17 B.3 <br />D.3. Estimated loan term (Months) 132.3 Time required to repay loan - months <br />D.4. Estimated loan term (Years) 11.1) Time required to repay loan - 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 Lenath of Loan Test <br />E.3.1.Markel Segment Loan Length Limit <br />E.3.2. Within Market Segment Loan Length Limit? <br />E.4. Expected Useful Life (EUL)' Loan Length Limit Test <br />E.4.1, Applicable Measure EUL <br />E.4.2. Within EUL Loan Length Limit? <br />E.5. EXCEPTION ANALYSIS (If Test 1 andor Test 2 Yields aEXCEPTION ANALYSIS (If Test andor Test 2 Yilds a E.51. 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 />N Is D.3 within limit Y/N? <br /> <br />144 EUL of measure with greatest kWh contribution <br />Y Is D.3 within limit Y/N? <br /> <br />$ 142.17 <br /> 17,060.10 <br /> 120 <br /> 10 <br />'Expected Useful Life (EUL): Each measure is expected to perform satisfactorily for a period of time, An EUL for each energy eficiency measure is assigned <br />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 4 <br />LED Street Lights <br />25F-27