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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 & Solar Division <br />Southern California Edison, an Edison intemational Company <br />Completion DaterTime: 2116111 3:15 <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 />3-001-3272-77 <br />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: 801 112 N MAIN ST <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 2116111 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) $0.0820 during previous 12 months <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />8.1. Estimated Annual Kilowatt Hour Savings (kWh) 11,650.00 IFor Customize, from OBF Application, calculated by Customer <br />For Express Pending, 5CE calculations based on Meas solution code <br />B.2. Estimated Annual Dollar($) Savings (B.1 x A) $ 955.30 Ann KWh savings x ave rate = $ savings <br />B.3. Estimated Monthly Dollar($) Savings (B.2/12) $ 79.61 Month/ $$ savin s <br />C.) COSTS <br />C.1. Estimated Total Project Cost 10,290.00 From OBF Application <br />C2. Estimated Total Rebate/Incentive 582.50 From OBF Application <br />C.3. Estimated Potential Loan Amount (Net Amount) $ 91707.50 Maximum eligible loan amount <br />D.) LOAN _ <br />D.1. Net Amount for Potential Financing $ 9.707.50 C.3 <br />D.2. Monthly Loan Repayment Amount 79.61 B.3 <br />D.3. Estimated loan term (Months) 121.9 Time required to repay loan - months _ <br />DA. Estimated loan term (Years) 10.2 Time requred to repay loan - ears <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 $ 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 YIN? <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 (EUL)• Loan Length Limit Test <br />E.4.1. Applicable Measure EUL <br />E.4.2. Within ELL Loan Length Limit? <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,5A. 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. c E.2.3, YIN? <br />120 CIA=60 G&1=120 <br />N Is D.3 within limit YIN? <br /> <br /> EUL of measure with greatest kWh contribution <br />144 <br />y Is D.3 within limit YIN? <br /> <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 <br />assigned by the California Energy Commission (CEC). The EUL for the measure involved in the energy efficiency project. <br />Agreements to Provii??=U..31Fund Exhibit 8 <br />1 Fn Street Liahts