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On-Bill Financing Program - Loan Terms <br />PREPARED FOR: <br />Gary L. Levingston <br />Offer Manager, Financial Solutions Element <br />Customer Energy Efficient & Solar Division <br />Soutrem California Edison, an Edison International Company <br />Completion Daterrime: 2116/11 2:21 PM <br />Universal Project Number: PSAP-10-004891 <br />Customer Number: 1-000-0071-30 <br />Service Account Number: 3-001-3272-70 <br />OBF Application Receipt Date: 11/1/2010 <br />Project Type(s) : Customized <br />Market Segment: Govt & Inst <br />Business Name: CITY OF SANTA ANA <br />Reference Name: E. OXFORD/ MAIN LED <br />Address: 118 1/2 E OXFORD <br />City, CA Zip: SANTA ANA, CA 92701 <br />1 <br />"'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 2/16!11 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 />Total electricity charges divided by the amount of electricity purchased <br />A) AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) $0.0820 during previous 12 months <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />B.1. Estimated Annual Kilowatt Hour Savings (kWh) 11,650.00 For Customize, from OBF Application, calculated by Customer <br />For Express Pending, SCE calculations based on Meas solution code <br />6.2. Estimated Annual Dollar($) Savings (B.1 x A) $ 955.30 Ann KWh savings x eve rate = $ savings <br />B.3. Estimated Monthly Dollar($) Savings (B.2112) $ 79.61 Monthly $ savings <br />C.) <br />C.2. Estimated Total Rebate/Incentive <br />C.3. Estimated Potential Loan Amount (Net Amount) <br />D.) <br />D.2. Monthly Loan Repayment Amount <br />D.3. Estimated loan term (Months) <br />DA. Estimated loan term (Years) <br />E.1. Market Segment Amount of Loan Test (Maximum Loan Amount per Service Account) <br />From OBF Application <br />From OBF Application <br />Maximum eligible loan amount <br />C.3 <br />B.3 <br />Time required to repay loan -months <br />Time required to repay loan - years <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? <br />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 Markel Segment Loan Length Limit? <br />EA. Expected Useful Life IEULI' Loan Length Limit Test <br />EA. I. Applicable Measure EUL <br />Max total loans amount per customer <br />Previous loans reserveo <br />$ Remaining loan funds available <br />Y Is D.1. < E.2.3. Y/N? <br />120 CIA = 60 G & i = 120 <br />N Is D.3 within limit Y/N? <br />144 EUL of measure with greatest kWh contribution <br />E.4.2. Within EUL Loan Length Limit? <br />Y Is D.3 within limit Y/N? <br />E.5. 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 />$ 79.61 <br />$ 9.553.00 <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 efficiency 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 6 <br />LED Street Lights 25F-29 <br />E.) LOAN LIMIT TESTS