Laserfiche WebLink
On-Bill Financing Program - Loan Terms Calculations 1 <br />PREPARED FOR: <br />Gary L. Levingston <br />_Offer Manager, Financial Solutions Element <br />Customer Energy Eff?crency 8 Solar Division <br />Southern Caltlomra Edison, an Edison International Company <br />Completion Date/Time: 2/16/11 4:42 PM <br />Universal Project Number: PSAP-10-004891 <br />Customer Number: 1-000-0071-30 <br />Service Account Number: 3-027-9664-57 <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: N. MAIN LED <br />Address: 300 3/4 N MAIN ST LS3 <br />City, CA Zip: SANTA ANA, CA 92701 <br />-ESTIMATED LOAN TERMS"' I <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 />Total electricity charges divided by the amount of electricity purchased <br />A.) AVERAGE ELECTRIC BILLING RATE - past 12 months (Cents/kWh) $0.0820 during previous 12 months <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />B.I. Estimated Annual Kilowatt Hour Savings (kWh) 8,322.00 For customize, from OBF Application, calculated b Customer <br />For Express Handing, SCE calculations based on Meas solution code <br />8.2. Estimated Annual Dollar($) Savings (B.1 x A) $ 682.40 Ann KWh savings x eve rate = S$ savings <br />B.3. Estimated Monthly Dollar($) Savings (6.2112) $ 56.87 (Monthly $$ savings <br />C.) COSTS <br />C.1. Estimated Total Project Cost <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.) LOAN LIMIT TESTS <br />E.1. Market Segment Amount of Loan Test (Maximum Loan Amount per Service Account) <br />E.1.1 Market Segment Minimum/Maximum Loan Amount <br />E.1.2 Within Market Segment Limit? <br />From OBF Application <br />From OBF Application <br />Maximum eligible loan amount <br />1 C.3 <br />8.3 <br />Time required to repay loan -months <br />Time requred to repay loan -years -I <br />$ 1,000,000.00 Min/Max loan amount per service account <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 Market Segment Loan Length Limit? <br />EA. Expected Useful Life (EULI' Loan Length Limit Test <br />E.A.I. Applicable Measure EUL <br />E.4.2. Within EUL Loan Length Limit? <br />E.5. EXCEPTION ANALYSIS (If Test 1 and/or lest 2 yields a "No- .1 <br />E.5.1. Monthly Loan Repayment Amount <br />E.52 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 YIN? <br />144 ELL of measure with greatest kWh contribution <br />N Is D.3 within limit Y/N? <br />$ 56.87 <br />$ 5,824.04 <br />120 <br />'Expected Useful Life (EUL): Each measure is expected to perform satisfactorily for a period of time. An EUL for each energy effciency 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 7 <br />LED Street Lights 25F-30