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On -Bill Financing Program - Loan Terms Calculations 1 <br />PREPARED FOR: <br />Gary L. Levingston <br />C.1. Estimated Total Project Cost <br />Offer Manager, Financial Solutions Element <br />rom OBF Application <br />Customer Energy Efficiency 8 Solar Division <br />332.90 <br />Southern California Edison, an Edison lntemational Company <br />Completion Date /Time: 2116/11 3:58 PM <br />$ 11,427.10 <br />Universal Project Number: <br />PSAP -10- 004891 <br />Customer Number: <br />1- 000 - 0071 -30 <br />Service Account Number: <br />3- 001 - 3272.82 <br />OBF Application Receipt Date: <br />1111/2010 <br />Project Type(s) : <br />Market Segment: <br />Business Name: <br />Reference Name: <br />Address: <br />City, CA Zip: <br />Customized <br />Govt & Inst <br />CITY OF SANTA ANA <br />N. MAIN LED <br />2515 112 N MAIN ST <br />SANTA ANA, CA 92705 <br />PROJECT ECONOMIC SUMMARY <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 2/16/11 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 />} i PxP..LANATION... <br />Total electricity charges divided by the amount of electricity purchased <br />A. AVERAGE ELECTRIC BILLING RATE— past 12 months Cents /kWh during previous 12 months ✓' <br />P ( ) $0.0820 <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />B.1. Estimated Annual Kilowatt Hour Savings (kWh) 6,658.00 1 For Customize, from OBF Application, calculated by Customer <br />or Express Pending, SCE calculations based on Maas solution code <br />8.2. Estimated Annual Dollar($) Savings (B.1 x A) <br />B.3. Estimated Monthly Dollar($) Savings (B.2 / 12) <br />$ 545.96 Ann KWh savings x ave rate = $$ savings <br />$ 45.50 Monthly $savings �, <br />C.) COSTS <br />C.1. Estimated Total Project Cost <br />11,760.00 <br />rom OBF Application <br />C.2. Estimated Total Rebate /Incentive <br />332.90 <br />From OBF Application <br />C.3. Estimated Potential Loan Amount (Net Amount) <br />$ 11,427.10 <br />Maximum eligible loan amount <br />D.) LOAN <br />D.1. Net Amount for Potential Financing <br />$ 11.427.10 <br />JC.3 i <br />D.2. Monthly Loan Repayment Amount <br />45.50 <br />1B.3 <br />D.3. Estimated loan term (Months) <br />291-2— <br />Time required to repay loan - months <br />D.4. Estimated loan term (Years) <br />20.9 <br />Time required to repay loan - years <br />E.) LOAN LIMIT TESTS <br />E.1. Market Segment Amount of Loan Test (Maximum Loan Amount per Service Account) <br />E.1.1 Market Segment Minimum /Maximum Loan Amount Min /Max loan amount per service account <br />9 $ 1,000,000.00 <br />E.1.2.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 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 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 fEUL)' Loan Length Limit Test <br />E.4.1. Applicable Measure EUL <br />EA 2. Within EUL Loan Length Limit? <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 />Max total loans amount per customer <br />Previous loans reserved <br />$ Remaining loan funds available <br />y Is D.1. < E.2.3. Y/N? <br />120 CIA =60 G81 =120 <br />N Is D.3 within limit YIN? <br />144 EUL of measure with greatest kWh contribution <br />y Is D.3 within limit YIN? <br />$ 45.50 <br />$ 5,459.56 <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 12 <br />LED Street Lights 25F -35 <br />