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On -Bill Financing Program - Preliminary Loan Term Calculation (LTC1) <br />Completion DatefTime: 4/28/201612:54 PM <br />Project Number: <br />353-16-0500834360 <br />Service Account: <br />3-001-3275-20 <br />Customer Number: <br />1-0-000-7130 <br />Customer Account <br />Number: 2-22-264-5319 <br />OBF Application Receipt Date: 2/29/2016 <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 />NEWHOPE LIBRARY <br />Address: <br />122 N NEWHOPE ST <br />City, CA IJp: <br />SANTA ANA, CA 92703 <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 $71,785.28 <br />First month payment is $598.21 <br />119 subsequent monthly payments $588.21 <br />EXPLANATION <br />A- AVERAGE ELECTRIC BILLING RATE — past 12 months (Cents/kWh) <br />$ 0.25256 <br />Based on Billing History <br />Exception Analysis Loan Minimum Requirement Test <br />E.1.1. Market Segment Minimum Loan Amount <br />B. ENERGY EFFICIENCY PROJECT SAVINGS <br />5.000 <br />Minimum Loan Amount per Service Account or Bundle <br />B.1. Estimated Annual Kilowatt Hour Savings (kWh) <br />28,423.1 <br />From Approved Pmject Application <br />B.2. Estimated Annual Dollar($) Savings <br />$ 7,178.54 <br />Estimated Annual kWh Savings x Average Rate = $ savings (B.1 x A) <br />B.3. Estimated Monthly Dollar($) Savings <br />$ 598.21 <br />Estimated Monthly $ Savings (B.2 /12) <br />C. COSTS <br />C.1. Estimated Total Project Cost $ 93,548.97 <br />C.2. Excess Pmject Cost $ - <br />C.3. Estimated Total Rebate/Incentive $ 6,389.97 <br />CA. Other $ <br />C.5. Estimated Potential Loan Amount (Gross Amount) $ 87,159.00 <br />C.6. LTC1 Reserved Amount <br />C.7. LTC2 Reserved Amount <br />D. LOAN <br />D.2. Monthly Loan Repayment Amount <br />D.3. Actual loan term (Months) <br />DA, Actual loan tens (Years) 12.2 <br />E. LOAN LIMIT TESTS <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) -(CA) <br />From LTC1 calculation following Approved Project Application <br />LTC2 Loan Amount per policy cannot be greater than LTC1 amount <br />Lesser of (C.5) or (C.6) or (E.1.2) or (E.2.3) or other rules appy <br />(B.3) <br />Time required to repay loan in months (Subject to <br />exception analysis below) <br />Time required to repay loan in years: (10.3) /12 <br />E.I. Market Segment Amount of Loan Test (Min/Max Loan Amount) <br />Exception Analysis Loan Minimum Requirement Test <br />E.1.1. Market Segment Minimum Loan Amount <br />$ <br />5.000 <br />Minimum Loan Amount per Service Account or Bundle <br />E.1.2. Market Segment Maximum Loan Amount <br />$ <br />250,000 <br />Com, Ind, Ag = $100.000, G&I = $250,000 <br />E.1.3. Within Market Segment Limit? <br />$ <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 />$ <br />598.21 <br />Based on minimum loan requirement of $5K and supplemental <br />E.2.1. Service Account Loan Amount Limit <br />$ <br />250,000 <br />(E.1.2) or $1M for G&I Facility <br />E.2.2. Previous Loans Reserved for this Service Account <br />$ <br />71,785.20 <br />Total of previous OBF loans + reservations <br />E.2.3. Estimated Amount Eligible for Loans <br />$ <br />250,000.00 <br />(E.2.1) - (E.2.2), If <0, then 0. <br />E.2.4. Within Available Amount? <br />Y <br />Is D.l. < E.2.3. YM? <br />E.3. Length of Loan Test <br />E.3.1. Loan Length Limit (months) <br />E.3.2. Within Loan Length Limit? <br />120 CIA (lighting) = 36, CIA (non -lighting) = 60, G&I = 120 months <br />N Is D.3 within limit Y/N? <br />EA. Expected Useful Life (EUL)* Loan Length Limit Test <br />EA.1. Applicable Measure EUL (months) 120 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.S. EXCEPTION ANALYSIS (If any EA thru EA. yields a "No") <br />Exception Analysis Loan Minimum Requirement Test <br />Does the loan amount from Exception Analysis meet the $5K loan <br />minimum requirement? YES <br />E.5.1. First Payment Amount <br />$ <br />598.21 <br />E.5.2. Subsequent Monthly Loan Repayment Amount <br />$ <br />598.21 <br />Based on minimum loan requirement of $5K and supplemental <br />E.5.3. Subsequent Monthly Payments <br />119 <br />Exception Analysis, this amount qualifies for an estimated OBF <br />E.5.4. Net Amount for Financing <br />$ <br />71,785.20 <br />loan. <br />E .1"Uaz(ulLHe(EM)Each meeauresegacleE tcgRorm seralaGORlytaraperoC orllma. An EULlar <br />eacheneyyeXcencymeawmkowyneRbyllre Celdomh Enmgy Cammi bn(CEC). <br />LTC ID: 10302 <br />22C-19 <br />