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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: 2116111 4:09 PM <br />Universal Project Number: PSAP -10- 004891 <br />Customer Number: 1- 000 - 0071 -30 <br />Service Account Number: 3- 001 - 3272 -86 <br />OBF Application Receipt Date: 11/112010 <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: 2143 1/2 S MAIN ST <br />City, CA Zip: SANTA ANA, CA 92707 <br />I —ESTIMATED LOAN TERMS­ I <br />ACTUAL TERMS WILL BE CALCULATED BASED ON FINAL <br />REVIEW AND VERIFICATION OF THE PROJECT INSTALLATION <br />REPORT <br />LTC1 completed as of 2116/11 due to recently collected and approved <br />tariff rate, therefore, this loan app will be not be Wail - Listed as per <br />program management. <br />PROJECT ECONOMIC SUMMARY <br />` ElAT1C1N'� <br />Previous loans reserved <br />$ <br />zs <br />Y <br />Total9lpectricity charges divided by the amount of electricity purchased <br />120 <br />CIA =60 G &1 =120 <br />dudn rewous 72 months <br />A.) AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) <br />$0.0820 <br />B.) ENERGY EFFICIENCY PROJECT SAVINGS <br />ELL of measure with greatest kWh contribution <br />144 <br />13.1. Estimated Annual Kilowatt Hour Savings (kWh) <br />15,812.00 <br />For Customize, from OBF Application, calculated by Customer _ <br />Is D.3 within limit YIN? <br />For Express Pending, SCE calculations based on Mess solution code <br />B.2. Estimated Annual Dollar($) Savings (B.1 x A) $ <br />1,296.58 <br />Ann KW h savings x aye rate = savings <br />B.3. Estimated Monthly Dollar($) Savings (8.2 / 12) $ <br />108.05 <br />IMonthly ss savings <br />!i <br />C.) COSTS <br />C.I. Estimated Total Project Cost <br />C.2. Estimated Total Rebate /Incentive <br />C.3. Estimated Potential Loan Amount (Net Amount) <br />From OBF Application -' <br />From OBF Application <br />Maximum eligible loan amount <br />D.) LOAN <br />D.I. Net Amount for Potential Financing $ 14.644.40 C.3 <br />D.2. Monthly Loan Repayment Amount 108.05 13.3 <br />D.3. Estimated loan term (Months) 135.5 Time required to repay loan - months <br />DA. Estimated loan term (Years) 1 .3 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 $ 1,000,000.00 <br />Min /Max loan amount per service account <br />E.1.2.Within Market Segment Limit? <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 Seament 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.41 . Applicable Measure EUL <br />E.4.2. Within EUL Loan Length Limit? <br />E.5. EXCEPTION ANALYSIS (If Test 1 andlor 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 />Y Is D.1 within loan amount limits Y /N? <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 16 <br />LED Street Light25C_39 <br />Max total loans amount per customer <br />Previous loans reserved <br />$ <br />Remaining loan funds available <br />Y <br />Is D.1. < E.2.3. Y /N? <br />120 <br />CIA =60 G &1 =120 <br />N <br />Is D.3 within limit Y /N? <br />ELL of measure with greatest kWh contribution <br />144 <br />Y <br />Is D.3 within limit YIN? <br />$ <br />108.05 <br />$ <br />12,965.84 <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 16 <br />LED Street Light25C_39 <br />