Summary of Project Cost and Savings Sample Clauses

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.
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) RESOLUTION NO: 20-0408-5b 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 FURTHER BE IT RESOLVED, that the Executive Director or his/her designee shall execute the same on behalf of the CEC.
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) RESOLUTION: Malaga County Water District RESOLVED, that the State Energy Resources Conservation and Development RESOLVED, that the CEC approves Agreement 003-22- ECI with the Malaga County Water District for a $2,466,565 loan at one percent interest to install two solar PV arrays totaling 388.9 kW at the district’s wastewater treatment facility and the Xxxxxx Community Center. The project is estimated to generate 742,985 kWh annually, saving the district approximately $163,396 per year; and FURTHER BE IT RESOLVED, that the Executive Director or their designee shall execute the same on behalf of the CEC.
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings ($) Simple Payback* (years) TOTALS $2,838,826.00 $2,838,826 $ 190,823 14.9 RESOLUTION NO: 21-0512-5c 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 003-20-ECI with Mariposa County for a $2,838,826 loan at one percent interest to install LED lighting at eight county sites and install carport solar PV systems totaling 376 kW at four separate county facilities. The proposed project is estimated to save annually 919,257 kWh and FURTHER BE IT RESOLVED, that the Executive Director or his/her designee shall execute the same on behalf of the CEC.
Summary of Project Cost and Savings. Energy Efficiency Measures Estimated Total Project Cost ($) Energy Commission Loan Estimated Annual Energy Cost Savings ($) Simple Payback* (Years) Totals $3,222,308 $3,000,000 $254,955 11.8 RESOLUTION: Yosemite Community College 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 RESOLVED, that the CEC approves Agreement 005-22-ECI with the Yosemite Community College District for a $3,000,000 loan at one percent simple interest to upgrade lighting fixtures to high efficiency LED lighting and install lighting controls at Modesto Junior College East Campus and Modesto Junior College West Campus. Upon project completion it is estimated to reduce about 2,276,384 kW-hour per year, saving approximately $254,955 in utility costs per year. The loan repayment term is approximately 12 years, which is within ECAA program requirements; and FURTHER BE IT RESOLVED, that the Executive Director or their designee shall execute the same on behalf of the CEC.
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 10.3 kWdc Rooftop Solar PV Array at Community Center $53,380 $53,380 $3,141 17.0 Install a 103.4 kW dc Ground- Mounted Solar PV Array at Waste Water Treatment Plant $512,199 $512,199 $31,618 17.0 Install a 34.2 kWdc Carport Structure Solar PV Array at Well #3 $149,078 $149,078 $10,325 17.0 Install a 34.2 kWdc Carport Structure Solar PV Array at Well #4 $161,232 $161,232 $11,581 17.0 Replace a HVAC System at Community Center $4,305 $4,305 $287 15.0 Roof Restoration with a Cool Roof at Community Center $1,934 $1,710 $114 15.0 TOTALS: $882,128 $881,904 $57,066 15.5 *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 17 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. STATE OF CALIFORNIA STATE ENERGY RESOURCES‌ RESOLUTION - RE: BIOLA COMMUNITY SERVICES DISTRICT RESOLVED, that the CEC approves Agreement 015-19-ECI with Biola Community Services District for a $881,904 loan at one percent interest and adopting staff's determination that this action is exempt from CEQA. The proposed project includes the installation of four solar photovoltaic systems totaling 182.1 kilowatts direct current at four sites, the retrofit of an HVAC system, and retrofit a cool roof. The project is estimated to save the District 299,979 kWh of electricity, resulting in annual energy cost savings of $57,066. The simple payback on the loan amount is approximately 15.5 years; and
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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 PV Panels $5,022,458 $3,000,000.00 $450,487 TOTALS: $5,022,458 3,000,000.00 $450,487 6.7 *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. Energy Efficiency Measures Estimated Total Project Cost Energy Commission Loan Estimated Annual Energy Cost Savings Simple Payback* (Years) RESOLUTION NO: 22-0216-10b 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 003-21-ECI with the City of San Leandro (City) for a $1,284,140 loan to install HVAC and LED lighting upgrades at its 14 sites. The project is estimated to reduce about 550,871 kWh of grid electricity consumption annually, saving the City roughly $112,402 in utility costs per year; and FURTHER BE IT RESOLVED, that the Executive Director or their designee shall execute the same on behalf of the CEC.
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] $00.00 [Insert Cost Savings] [Insert EEM Payback] TOTALS: [Insert Total Project Cost] [Insert Loan Amount] [Insert Total Annual Energy Cost Savings] [Insert Overall Payback] *The simple payback is based on the Loan amount. The Borrower shall implement each measure listed in Table 1. If Borrower does not complete one or more of the measures or deviates from the quantities and specifications listed in Table 1, the Commission Project Manager will calculate the maximum Loan amount supported by the Project. The Loan amount will be determined by the lesser of: 1) multiplying the annual energy cost savings by [Insert Maximum Simple Payback Period]; 2) total Project costs; or 3) approved Loan amount. Borrower shall notify the Commission Project Manager in writing if Borrower expects any information in Table 1 to change. Energy Commission staff will advise Borrower of the procedure to approve any changes. Written documentation is required for any changes to the information included in this Attachment. SAMPLE If the Borrower has received disbursements exceeding the maximum Loan amount supported by the Project, the Borrower shall refund the difference to the Energy Commission within 30 days of notification. SAMPLE 1. For value received, the undersigned, (hereinafter referred to as the “Borrower”), promises to pay to the order of the State of California, Energy Resources Conservation and Development Commission (hereinafter referred to as the “Energy Commission”), at its principal place of business at 0000 Xxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxxxx 00000, or at such other place as the Energy Commission may designate the principal sum of [Spell Out Loan Amount] dollars ($[Insert Loan Amount]) or such lesser amount as shall equal the aggregate amount disbursed to the Borrower by the Energy Commission pursuant to the above- referenced Energy Conservation Assistance Act Loan Agreement (the “Loan Agreement”) between the Borrower and the Energy Commission, together with interest thereon at the rate of Insert Interest Rate]% percent per annum on the unpaid principal, computed from the date of each disbursement to the Borrower. Principal, together with interest thereon, is due and payable in semiannual installments as specified in the Estimated Amortization Schedule, attached he...
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