Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) [Insert EEM #1. Add additional rows as necessary] [Insert EEM Cost] $00.00 [Insert Cost Savings] [Insert EEM Payback] TOTALS: [Insert Total Project Cost] [Insert Loan Amount] [Insert Total Annual Energy Cost Savings] [Insert Overall Payback] *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table 1. If Borrower does not complete one or more of the measures or deviates from the quantities and specifications listed in Table 1, the Commission Project Manager will calculate the maximum Loan amount supported by the Project. The Loan amount will be determined by the lesser of: 1) multiplying the annual energy cost savings by [Insert Maximum Simple Payback Period]; 2) total Project costs; or 3) approved Loan amount. Borrower shall notify the Commission Project Manager in writing if Borrower expects any information in Table 1 to change. Energy Commission staff will advise Borrower of the procedure to approve any changes. Written documentation is required for any changes to the information included in this Attachment. If the Borrower has received disbursements exceeding the maximum Loan amount supported by the Project, the Borrower shall refund the difference to the Energy Commission within 30 days of notification. EXHIBIT B PROMISSORY NOTE LOAN NUMBER: [Insert Loan #] PRINCIPAL AMOUNT: $[Insert Loan Amt] INTEREST RATE: [Interest Rate]%
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) Install a 70 kWdc solar PV system at Pine Hill Elementary School $246,400 $246,400 $21,620 11.4 Upgrade existing exterior lighting to LED lighting at Pine Hill Elementary School $11,200 $11,200 $1,571 7.1 TOTALS: $257,600 $257,600 $23,191 11.1 *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table 1.
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) Install a 310 kWdc solar PV system at Rio Vista Elementary School $1,122,250 $1,021,560 $51,078 20.0 Install a 185 kWdc solar PV at Mt. San Jacinto High School $667,920 $621,920 $31,096 20.0 TOTALS: $1,790,170 $1,643,480 $82,174 20.0 *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table 1.
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) Retrofit Interior and Exterior Lighting to LEDs at Three Sites $161,784 $50,040 $3,336 15.0 Installation of Solar PV Systems Totaling 24.4 kWdc at Three Sites $111,436 $106,743 $6,279 17.0 TOTALS: $273,220 $156,783 $9,615 16.3 *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table 1. If Borrower does not complete one or more of the measures or deviates from the quantities and specifications listed in Table 1, the California Energy Commission (CEC) project manager will calculate the maximum loan amount supported by the project. The loan amount will be determined by the lesser of: 1) multiplying the annual energy cost savings by 16.3 years; 2) total project costs; or 3) approved loan amount. The Borrower shall notify the CEC project manager in writing if Borrower expects any information in Table 1 to change. CEC staff will advise Borrower of the procedure to approve any changes. Written documentation is required for any changes to the information included in this attachment. If the Borrower has received disbursements exceeding the maximum loan amount supported by the project, the Borrower shall refund the difference to the CEC within 30 days of notification. RESOLUTION NO: 00-0000-0 STATE OF CALIFORNIA STATE ENERGY RESOURCES CONSERVATION AND DEVELOPMENT COMMISSION RESOLUTION - RE: RIM OF THE WORLD RECREATION AND PARK DISTRICT RESOLVED, that the State Energy Resources Conservation and Development Commission (CEC) adopts the staff CEQA findings contained in the Agreement or Amendment Request Form (as applicable); and
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) Civic Auditorium: Install 109.4-kW Rooftop Solar PV Array $690,897 $690,897 $40,641 17.0 Front Street Garage: Install 218.9 -kW Carport Solar PV Array $863,345 $863,345 $50,785 17.0 Xxxxxx Xxxx Park: Install 121-kW Carport Solar PV Array $661,572 $661,572 $38,916 17.0 Xxxxxx Xxxx Park: LED Lighting Retrofit $208,410 $208,410 $13,894 15.0 TOTALS: $2,424,224 $2,424,224 $144,236 16.8 *The simple payback is based on the loan amount. The Borrower shall implement each measure listed in Table 1. If the Borrower does not complete one or more of the measures or deviates from the quantities and specifications listed in Table 1, the California Energy Commission (CEC) project manager will calculate the maximum loan amount supported by the project. The loan amount will be determined by the lesser of: 1) multiplying the annual energy cost savings by 17; 2) total project costs; or 3) approved loan amount. The Borrower shall notify the CEC project manager in writing if the Borrower expects any information in Table 1 to change. CEC staff will advise the Borrower of the procedure to approve any changes. Written documentation is required for any changes to the information included in this attachment. If the Borrower has received disbursements exceeding the maximum loan amount supported by the project, the Borrower shall refund the difference to the CEC within 30 days of notification. October 2022 Page 2 of 2 City of Santa Xxxx RESOLUTION NO: 22-1012-01hi STATE OF CALIFORNIA STATE ENERGY RESOURCES CONSERVATION AND DEVELOPMENT COMMISSION RESOLUTION: City of Santa Xxxx RESOLVED, that the State Energy Resources Conservation and Development Commission (CEC) adopts the staff CEQA findings contained in the Agreement or Amendment Request Form (as applicable); and RESOLVED, that the CEC approves Agreement 004-22-ECI with the City of Santa Cruz (City) for a $2,424,224 loan at one percent simple interest to install three solar photovoltaic (PV) arrays totaling 449.3 kilowatts (kW) at three city sites and upgrade existing lighting to high efficiency LED lighting at one city site.Upon project completion, it is estimated to reduce about 721,424 kW-hour of grid electricity consumption in the first year of solar production, saving approximately $144,236 in utility costs per year. The loan repayment term is approximately 17 years, which is within ECAA p...
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) Install 132 kWdc Photovoltaic PV System at the Corporation Yard $463,733 $463,733 $38,702 11.98 years TOTALS: $463,733 $463,733 $38,702 11.98 years *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table 1.
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) City Hall 36.0 kW PV Array $628,592 $628,592 $39,038 16.1 Xxxx Xxxxxxx 115.2 kW PV Array $187,611 $187,611 $12,229 15.3 Xxxxxx Xxxxxx 27.0 kW PV Array $156,596 $156,596 $9,983 15.7 WastewaterTreatment Plant 625 kW PV Array $2,027,201 $2,027,201 $119,452 17.0 TOTALS: $3,000,000 $3,000,000] $180,772 16.6 *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table 1.
Summary of Project Cost and Savings. Project Measure Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) 65.239 kW-AC Photovoltaic Array at SAE High School 000 X. Xxxxx Ave. $251,385 $251,385 $34,694 7.2 96.123 kW-AC Photovoltaic Array at SAE Middle School 000 X. Xxxx Xx. $359,437 $359,437 $36,714 9.8 TOTALS: $610,822 $610,822 $71,408 8.6 *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) Install a 132 kW solar PV system at Monroe Elementary School $652,260 $652,260 $37,847 17.2 Install a 150 kW solar PV system at Xxxxxx Xxxxx Elementary School $733,792 $733,792 $41,173 17.8 Install a 240 kW solar PV system at Xxxxxx Xxxxxx Xxxx Xx. Elementary School $1,087,099 $1,087,099 $61,062 17.8 TOTALS: $2,473,151 $2,473,151 $140,082 17.7 *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table 1.
Summary of Project Cost and Savings. Project Measure Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) 582 kW-AC Photovoltaic car ports at Palo Verde High School $1,978,800 $1,978,800 $140,238 14.1 295 kW-AC Photovoltaic car ports at Xxxxx X Xxxxxxx School $1,003,000 $1,003,000 $75,101 13.4 TOTALS: $2,981,800 $2,981,800 $215,339 13.8 *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table
