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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: 2/16111 2:43 PM <br />Universal Project Number: PSAP -10- 004891 <br />Customer Number: 1- 000- 0071 -30 <br />Service Account Number: 3- 001 - 3272 -73 <br />OBF Application Receipt Date: 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: 1807 1/2 N MAIN ST <br />City, CA Zip: SANTA ANA, CA 92706 <br />' — ESTIMATED LOAN TERMS"' <br />ACTUAL TERMS WILL BE CALCULATED BASED ON FINAL <br />REVIEW AND VERIFICATION OF THE PROJECT INSTALLATION <br />REPORT <br />LTC1 completed as of 2/16111 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 <br />ia?X��� <br />k ytg > <br />V'_ <br />Total electricity charges divided by the amount of electricity purchased <br />A) AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) <br />$0.0820 <br />dudng previous 12 months <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />B.1. Estimated Annual Kilowatt Hour Savings (kWh) <br />19,972.00 <br />For Customize, from OBF Application, calculated b Customer <br />For Express Pending, SCE calculations based on Meas solution code <br />B.2. Estimated Annual Dollar($) Savings (B.1 x A) <br />$ 1,637.70 <br />Ann KWh savings x aye rate = $ savings - - - -� <br />8.3. Estimated Monthly Dollar($) Savings (8.2 / 12) <br />$ 136.48 <br />Monthly $$ savings <br />C.) COSTS <br />C.1. Estimated Total Protect Cost <br />19,110.00 <br />ication <br />From OBF Application <br />C.2. Estimated Total Rebate /Incentive <br />998.60 <br />�- <br />From OBF AppBcadon <br />C.3. Estimated Potential Loan Amount (Net Amount) <br />$ 16,111.40 <br />Maximum eligible loan amount <br />D.) LOAN <br />D.1. Net Amount for Potential Financing $ 18,111.40 C.3 <br />D.2. Monthly Loan Repayment Amount 136.48 B.3 _ <br />D.3. Estimated loan term (Months) 132.7 ITime required to repay loan - months <br />DA. Estimated loan term (Years) 11.1 1 Time required repay loan - years <br />E.) LOAN LIMB TESTS <br />II 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 ban amount per service account <br />E.1.2.Within Market Segment Limit? <br />II Customer Loan Limit Test (Previous Loans for this Customer) <br />Y Is 0.1 within loan amount limits YIN? <br />E.2.1. Customer Loan Amount Limit Max total loans amount per customer <br />E.2.2. Previous Loans Reserved for this Customer Previous loans reserved <br />E.2.3. Estimated Amount Eligible for Loans $ Remaining loan funds available <br />E.2A Within Available Amount? Y Is D.1. c E.2.3. YIN? <br />II Market Segment Length of Loan Test <br />E.3.1.Market Segment Loan Length Limit 120 CIA = 60 G&1=120 <br />E.3.2, Within Market Segment Loan Length Limit? N Is D.3 within limit Y /N? <br />EA. Expected Useful Life III Loan Lenath Limit Test <br />E.4.1 Applicable Measure EUL 144 EUL of measure with greatest kWh contribution <br />EA 2. Within EUL Loan Length Limit? y Is D.3 within limit YIN? <br />E.5. EXCEPTION ANALYSIS (If Test 1 and /or Test 2 yields a "No ".) <br />E5.1. 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 />$ 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 <br />assigned 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 10 <br />LED Street Lig25F-33 <br />