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25F - AGMT - LED STREET LIGHTS
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08/24/2011
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25F - AGMT - LED STREET LIGHTS
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Last modified
1/3/2012 3:41:27 PM
Creation date
8/16/2011 11:39:58 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
25F
Date
8/24/2011
Destruction Year
2016
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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 international Company <br />Completion Daterrime: 2116/11 4:20 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 />3-001-3272-87 <br />11/1/2010 <br />Project Type(s) : Customized <br />Market Segment: Govt & Inst <br />Business Name: CITY OF SANTA ANA <br />Reference Name: S. CHESTNUT / MAIN LED <br />Address: 110 112 E CHESTNUT AVE <br />City, CA Zip: SANTA ANA, CA 92701 <br />-ESTIMATED LOAN TERMS- ' <br />I ACTUAL TERMS WILL BE CALCULATED BASED ON FINAL I <br />REVIEW AND VERIFICATION OF THE PROJECT INSTALLATION <br />REPORT <br />LTC1 completed as of 2116/11 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 EXP4AKATION <br />Total electricity charges divided by the amount of electricity purchased <br />A.) AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) $0.0820 during previous 12 months <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />B.1. Estimated Annual Kilowatt Hour Savings (kWh) 21,638.00 For customize, from OBF Application, calculated by Customer <br />For Express Pending, SCE calculations based on Meas solution code <br />B.2. Estimated Annual Dollar($) Savings (B.1 x A) $ 1,774.32 Ann KWh savings x ave rate = $ savings <br />B.3. Estimated Monthly Dollar($) Savings (B.2 / 12) $ 147.86 Monthly savings <br />C.) COSTS <br />C.1. Estimated Total Project Cost 19,110.00 From OBF Application <br />C.2. Estimated Total Rebate/Incentive 1,081.90 From OBF Application <br />C.3. Estimated Potential Loan Amount (Net Amount) $ 18,028.10 Maximum eligible loan amount <br />D.) <br />D.2. Monthly Loan Repayment Amount <br />D.3. Estimated loan term (Months) <br />0.4. Estimated loan tern (Years) <br />E.) LOAN LIMIT TESTS <br />E.I. Market Segment Amount of Loan Test (Maximum Loan Amount per Service Account) <br />C.3 _ --? <br />Time required to repay y 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 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 Sediment 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 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.S.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. 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 Y/N? <br /> <br />$ 147.86 <br />$ 17,743.16 <br /> 120 <br /> 10 <br />'Expected Useful Life (EUL). Each measure is expected to perform satisfactorily for a period of time. An ELL for each energy efficiency measure is assigned <br />by the California Energy Commission (CEC). The ELL for the measure involved in the energy efficiency project. <br />Agreements to Provide, Install and Fund Exhibit 13 <br />LED Street Lights 25F-36
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