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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 DatefTime: _2/16/11 3:26 PM <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 />Universal Project Number: PSAP-10-004891 <br />Customer Number: 1-000-0071-30 <br />Service Account Number: 3-001-3272-79 LTCt completed as this 2/16111 due to recently collected and approved <br />tariff rate, therefore, this loan oan app will be not Wait-Listed as per program <br />OBF Application Receipt Date: 11/1/2010 management. <br />Project Type(s) : Customized <br />Market Segment: Govt & inst <br />Business Name: CITY OF SANTA ANA <br />Reference Name: S. MAIN LED <br />Address: 934 112 S MAIN ST <br />City, CA Zip: SANTA ANA, CA 92701 <br /> <br />PROJECT ECONOMIC SUMMARY _ EXPLANATION <br /> <br /> Total electricity charges divided by the amount of electricity purchased <br /> during previous 12 months <br />A) AVERAGE ELECTRIC BILLING RATE -- past 12 months (CentsikWh) $0.0820 _ - J <br /> <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />8.1. Estimated Annual Kilowatt Hour Savings (kWh) 19,972.00 For Customize, from OBF Application, calculated by Customer <br /> For Express Pending, SCE calculations based on Meas solution code _I <br />B.2. Estimated Annual Dollar($) Savings (B.1 x A) $ 1,637.70 Ann K h savings x eve rate = $ savings <br />B.3. Estimated Monthly Dollar($) Savings (B.2112) $ 136.48 Monthl $ savings <br />C.) COSTS <br />CA. Estimated Total Project Cost 18,375.00 From OBF APPlication _ <br />C.2. Estimated Total Rebate/Incentive 998.60 From OBF Application <br />C.3. Estimated Potential Loan Amount (Net Amount) $ 17,376.40 Maximum eligible loan amount <br />D.) <br />D.2. Monthly Loan Repayment Amount <br />D.3. Estimated loan term (Months) <br />D.4. Estimated loan term (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 <br />E.1.2.Within Market Segment Limit? Y <br />E.2. Customer Loan Limit Test (Previous Loans for this <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 Lenath 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.5.3. Max Allowable Loan Terms (Months) <br />E.5.4_ Max Allowable Loan Terms (Years) <br />C.3 <br />8.3 <br />Time required to repay loan - months <br />Time required to repay loan - years <br />Min/Max loan amount per service account <br />Is DA within loan amount limits Y/N? <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 0.3 within limit Y/N? <br /> <br /> EUL of measure with greatest kWh contribution <br />144 <br />Y Is D.3 within limit YRJ? <br />$ 136.48 <br />16,377.04 <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 14 <br />LED Street Lig15F-A7