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On -Bill Financing Program - Preliminary Loan Term Calculation (LTC1) <br />Completion Datel7ime: <br />7/22/2016 9',50 AM <br />Project Number: <br />353-16-0500868635 <br />Service Account: <br />3-016-8126-01 <br />Customer Number: <br />1-0-000-7130 <br />Customer Account Number: <br />2-22-264-5319 <br />OBF Application Receipt Date: <br />6/7/2016 <br />Project Type(s): <br />Customized <br />Market Segment: <br />Government and Institutions <br />Business Name: <br />SANTA ANA, CITY OF <br />Reference Name: <br />PENDING ED PRP -SANTA ANA CIVIC CTR PKG <br />Address: <br />24 CIVIC CENTER PLZ <br />City, CA Zip: <br />SANTA ANA, CA 92701-4058 <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 $45,319.07 <br />First month payment is $565.31 <br />72 subsequent monthly payments $621.58 <br />EXPLANATION <br />A. AVERAGE ELECTRIC BILLING RATE --past 12 months (Cents/kWh) <br />$ 0.19398 Based on Billing History <br />B. ENERGY EFFICIENCY PROJECT SAVINGS <br />B.I. Estimated Annual Kilowatt Hour Savings (kWh) <br />38,452.2 From Approved Project Application <br />B.Z. Estimated Annual Dollar($) Savings <br />$ 7,458.96 Estimated Annual kWh Savings x Average Rate = $ savings (B.1 x A) <br />B.S. Estimated Monthly Dollar($) Savings <br />$ 621.58 Estimated Monthly $ Savings (B.2 /12) <br />C. COSTS <br />C.1. Estimated Total Project Cost $ 54,111.30 <br />C.2. Excess Project Cost $ - <br />C.3. Estimated Total Rebate/Incentive $ 8,792.23 <br />C.4. Other $ <br />C.5, Estimated Potential Loan Amount (Gross Amount) $ 45,319.07 <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 />D.I. Gross Amount for Potential Financing $ 45,319.07 Lesser of (C.5) or (C.6) or (E.1.2) or (E.2.3) or other rules apply <br />D.2. Monthly Loan Repayment Amount $621.58 (B.3) <br />D.3. Actual loan term (Months) 73 Time required to repay loan In months (subject to <br />exception analysis below) <br />DA. Actual loan term (Years) 5.1 Time required to repay loan in years: (D.3) /12 <br />E. LOAN LIMIT TESTS <br />E.I. Market Segment Amount of Loan Test (Min/Max Loan Amount) <br />E.1.1. Market Segment Minimum Loan Amount $ 5,000 Minimum Loan Amount per Service Account or Bundle <br />E.1.2. Market Segment Maximum Loan Amount $ 250,000 Com, Ind, Ag = $100,000, G&I = $250,000 <br />E.1.3. Within Market Segment Limit? Y 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 $ 250,000 (E.1.2) or $1 M for G&I Facility <br />E,2.2. Previous Loans Reserved for this Service Account $ Total of previous OBF loans + reservations <br />E.2.3. Estimated Amount Eligible for Loans $ 250,000.00 (E.2.1) - (E.2.2), If < 0, then 0. <br />E2.4. Within Available Amount? Y Is D.1. < E.2.3. Y/N? <br />E.3. Lenath 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? Y Is D.3 within limit Y/N? <br />EA. Expected Useful Life (EUL)* Loan Length Limit Test <br />E.A.I. Applicable Measure EUL (months) 144 EUL in months of measure with greatest kWh contribution <br />E.4.2. Within EUL Loan Length Limit? <br />Is D.3 within limit Y/N? <br />E.S. EXCEPTION ANALYSIS (If any E.1 thru EA. yields a "No") Exception Analysis Loan Minimum Requirement Test <br />Does the loan amount from Exception Analysis meet the $5K loan <br />minimum requirement? YES <br />E.5.1. First Payment Amount $ 565.31 <br />E.5.2. Subsequent Monthly Loan Repayment Amount $ 621.58 I Based on minimum loan requirement of $SK and supplemental <br />E.5.3. Subsequent Monthly Payments 72 i Exception Analysis, this amount qualifies for an estimated OBF i <br />E.5.4. Net Amount for Financing $ 45,319.07 loan. <br />'Expeoted Useful Lire (EUL-) Each measure At expeoled to perform intlas Umlly for a period of time An EUL for <br />each energy aacienoy m armeis ssigned by the California Energy Commisslen(CEC). <br />LTC ID: 10776 <br />22A-11 <br />