|
On -Bill Financing Program - Preliminary Loan Term Calculation (LTC1)
<br />Completion Date /Time:
<br />4/12/2016 2:08 PM
<br />Project Number:
<br />353.16- 0500834485
<br />Service Account:
<br />3- 00b3274.03
<br />Customer Number:
<br />1 -0.000 -7130
<br />Customer Account Number:
<br />2 -31 -644 -7051
<br />OBF Application Receipt Date: 3/112018
<br />Project Type(s) :
<br />Customized and Deemed
<br />Market Segment:
<br />Government and Institutions
<br />Business Name:
<br />SANTA ANA, CITY OF
<br />Reference Name:
<br />PRP- SANTA ANA MCFADDEN LEARNING CENTER
<br />Address:
<br />2627 W MCFADDEN AVE
<br />City, CA Zip:
<br />SANTA ANA, CA 92704
<br />PROJECT ECONOMIC SUMMARY
<br />ACTUAL TERMS WILL BE CALCULATED
<br />BASED ON FINAL REVIEW AND VERIFICATION
<br />OF THE PROJECT INSTALLATION REPORT
<br />LTC1 Reserved Amount is $74,277.60
<br />First month payment Is $618.98
<br />119 subsequent monthly payments $618.98
<br />EXPLANATION
<br />A. AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents /kWh)
<br />$ 0.24208
<br />Based on Billing History
<br />B. ENERGY EFFICIENCY PROJECT SAVINGS
<br />C.3. Estimated Total Rebate /Incentive
<br />$ 7,351.66
<br />B.I. Estimated Annual Kilowatt Hour Savings (kWh)
<br />30,682,9
<br />From Approved Project Application
<br />B.2. Estimated Annual Dollar($) Savings
<br />$ 7,427.72
<br />Estimated Annual kWh Savings xAverage Rate is $ savings (B.1 xA)
<br />B.3. Estimated Monthly Dollar($) Savings
<br />$ 618.98
<br />Estimated Monthly $ Savings (B.2 / 12)
<br />C. COSTS
<br />C.1. Estimated Total Project Cost
<br />$ 104,761.43
<br />C.2. Excess Project Cost
<br />$ -
<br />C.3. Estimated Total Rebate /Incentive
<br />$ 7,351.66
<br />C.A. Other
<br />$
<br />C.5. Estimated Potential Loan Amount (Gross Amount)
<br />$ 97,409,77
<br />C.6. LTC1 Reserved Amount
<br />C.7. LTC2 Reserved Amount
<br />From Approved Project Application
<br />Based on 20% Basic Lighting Cap Rule
<br />From Approved Project Application
<br />(C.1) - (C.2) - (C.3) - (C.4)
<br />From LTC1 calculation following Approved Project Application
<br />LTC2 Loan Amount per policy cannot be greater than LTC1 amount
<br />D. LOAN
<br />$ 250,000
<br />Com, Intl, Ag = $100,000, G &I = $250,000
<br />D.1. Gross Amount for Potential Financing
<br />$ 97,409,77
<br />Lesser of (C5) or IDS) or IF 1.2) or (E2.3) or other rules apply
<br />D.2. Monthly Loan Repayment Amount
<br />$618,98
<br />(B.3)
<br />D.3. Actual loan term (Months)
<br />158
<br />Time required to repay loan In months (subject to
<br />E.2.2, Previous Loans Reserved for this Service Account
<br />$
<br />exception analysis below)
<br />D.A. Actual loan term (Years)
<br />13,2
<br />Time required to repay loan in years. (D.3) /12
<br />E. LOAN LIMIT TESTS
<br />Y
<br />Is D.I. s, E.2.3. Y /N?
<br />E.1. Market Segment Amount of Loan Test (Min /Max Loan Amount)
<br />E.1.1. Markel Segment Minimum Loan Amount
<br />$ 5,000
<br />Minimum Loan Amount per Service Account or Bundle
<br />E.1.2. Market Segment Maximum Loan Amount
<br />$ 250,000
<br />Com, Intl, Ag = $100,000, G &I = $250,000
<br />E.1.3, Within Market Segment Limit?
<br />Y
<br />Is D.1 within loan amount limits Y /N?
<br />E.2. Customer Loan Limit Test (Previous Loans for this Service Account)
<br />E.2.1, Service Account Loan Amount Limit
<br />$ 250,000
<br />(E.1.2) or $1 M for G &I Facility
<br />E.2.2, Previous Loans Reserved for this Service Account
<br />$
<br />Total of previous OBF loans + reservations
<br />E.2.3. Estimated Amount Eligible for Loans
<br />$ 250,000.00
<br />(E.2.1) - (E.2.2), If s, 0, then 0.
<br />E.2.4. Within Available Amount?
<br />Y
<br />Is D.I. s, E.2.3. Y /N?
<br />E.3. Length of Loan Test
<br />E.3.1, Loan Length Limit (months) 120 CIA (lighting) = 36, CIA (non - lighting) = 60, G &I = 120 months
<br />E.3.2. Within Loan Length Limit?
<br />E.4. Expected Useful Life (EUL)* Loan Length Limit Test
<br />N Is D.3 within limit Y /N?
<br />E.4.1. Applicable Measure EUL (months) 144 EUL in months of measure with greatest kWh contribution
<br />E.4.2. Within EUL Loan Length Limit? Y Is D.3 within limit Y /N?
<br />E.5. EXCEPTION ANALYSIS (If any E.1 thru E.4. yields a "No ") Exception Analysis Loan Minimum Requirement Test
<br />Does the loan amount from Exception Analysis meet the $6K loan
<br />minimum requirement? YES
<br />E.5, 1. First Payment Amount $ 618.98
<br />E.5.2. Subsequent Monthly Loan Repayment Amount $ 818.98 '. Based on minimum loan requirement of $SK and supplemental
<br />E.5.3. Subsequent Monthly Payments 119 Exception Analysis, this amount qualifies for an estimated OBF
<br />E.5.4. Net Amount for Financing $ 74,277.60 loan,
<br />- Ervected Uaammte reULL Each measure Is evpemed to perform aatleraobrny for a period of tons An ELL mr
<br />each energy eMOlency measure Is assigned by us California Energy Commission ecor),
<br />251 -13
<br />LTC [in 10270
<br />
|