Pacific Gas and LOCAL AGENCY AND DISTRICT
CUSTOMERS
Electric Company®
ON-BILL FINANCING LOAN AGREEMENT
The undersigned Local Agency or District' Customer ("Customer") has contracted for the provision of energy efficiency/demand response equipment and services (the "Work") which qualify for one or more of PG&E's applicable rebate or incentive programs. Subject to the conditions (including the process for Adjustment and preconditions to funding) set forth below, Pacific Gas and Electric Company ("PG&E") shall extend a loan (the "Loan") to Customer in the amount of the loan balance (the "Loan Balance") pursuant to the terms of this On-Bill Financing Loan Agreement ("Loan Agreement") To request the Loan, Customer has submitted a completed On-Bill Financing Application and associated documentation as required by PG&E (the "Application"). Collectively the Application and this Loan Agreement (including any Adjustment hereunder) comprise the "Agreement".
1. Customer shall arrange for its Contractor, as identified at the end of this Agreement ("Contractor"), to provide the Work as described in the Application.
2. The estimated Loan Balance is set forth below. The total cost of the Work as installed, rebate/incentive for qualifying energy efficiency measures, Loan Balance, monthly payment, and loan term specified in this Loan Agreement may be adjusted, if necessary, after the Work and the post-installation inspection described in the Application and/or herein are completed (the "Adjustment"). The Adjustment will be calculated using the actual total cost of the Work, as installed, and the estimated energy savings (as described in the Application) of such Work. In no event will the Loan Balance be increased without Customer's written consent, even if Customer is eligible for such increased Loan Balance.
Moreover, in no event will the Loan Balance exceed the maximum loan amount stipulated in the Application. Customer understands that in order to be eligible for the Loan, the initial Loan Balance for Work may not fall below the minimum loan amount, nor may the payback period exceed the maximum payback period. Accordingly, if after the Adjustment, the Loan Balance falls below the minimum loan amount or if the simple payback period exceeds the program maximum payback period, each as described in the Application, PG&E shall have no obligation to extend the Loan, as the Work would not meet program requirements. The Adjustment described in this paragraph will be communicated to the Customer in writing and will automatically become part of this Loan Agreement, except that any proposed increase in the Loan Balance will only become part of this Loan Agreement upon Customer's written consent to such increase.
3. PG&E shall have no liability in connection with, and makes no warranties, expressed or implied, regarding the Work. The Parties acknowledge and agree that PG&E is only providing the Local Agency or District cited here with financing. The Customer has independently hired contractors ("Local Agency or District Contractors") to perform the work on behalf of the Customer to qualify for financing. The Customer acknowledges and agrees that the Local Agency or District Contractors are not third party beneficiaries to this agreement between the Customer and PG&E. To the extent authorized by law and subject to appropriation of the Legislature, the Customer agrees that it will look only to Local Agency or District Contractors for any claims related to the installed equipment or its performance and that PG&E shall have no responsibility or liability, except for the payment of the loan proceeds, and the Customer shall indemnify PG&E for any claims made by the Local Agency or District Contractors against PG&E.
4. Customer represents and warrants that (a) Customer is receiving this Loan solely for Work obtained in connection with Customer's business and not for personal, family or household purposes; (b) Customer, if not an individual or a government agency, is duly organized, validly existing and in good standing under the laws of its state of formation, and has full power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Customer is duly qualified and in good standing to do business in all jurisdictions where such qualification is required; (c) this Loan Agreement has been duly authorized by all necessary proceedings, has been duly executed and delivered by Customer and is a valid and legally binding agreement of Customer duly enforceable in accordance with its terms; (d) no consent, approval, authorization, order, registration or qualification of or with any court or regulatory authority or other governmental body having jurisdiction over Customer is required for, and the absence of which would adversely affect, the legal and valid execution and delivery of this Loan Agreement, and the performance of the transactions contemplated by this Loan Agreement; (e) the execution and delivery of this Loan Agreement by Customer hereunder and the compliance by Customer with all provisions of this Loan Agreement: (i) will not conflict with or violate any Applicable Law; and (ii) will not conflict with or result in a breach of or default under any of the terms or provisions of any loan agreement or other contract or agreement under which Customer is an obligor or by which its property is bound; and (f) all factual information furnished by Customer to PG&E in the Application and pursuant to this Agreement is true and accurate.
5. The Application must include the Federal Tax Identification Number or Social Security Number of the party who will be the recipient of the checks for the rebate/incentive or any Loan proceeds. Checks may be issued directly to the Customer or its designated Contractor or both, for the benefit of the Customer, as specified below. Customer acknowledges that PG&E will not be responsible for any tax liability imposed on the Customer or its contractor in connection with the transactions contemplated under the Agreement, whether by virtue of the Loan contemplated under the Agreement, or otherwise, and Customer shall indemnify PG&E for any tax liability imposed upon PG&E as a result of the transactions contemplated under the Agreement.
' Local Agency or District as defined in California Government Code §50001 and §58004.
Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019
6. Upon completion of the Work, Customer shall send a written confirmation of completion to PG&E's On-Bill Financing Program Administrator at the address listed in Section 15. Within 60 days after receiving the confirmation, PG&E (a) will conduct a post installation inspection and project verification, including review of invoices, receipts and other documents as required by PG&E to verify the correctness of any amounts claimed by Customer; and (b) will adjust, if necessary, the total cost, incentive, Loan Balance, monthly payment, and loan term as stated above. Customer shall give PG&E reasonable access to its premises and the Work. If the Work conforms to all requirements of the Agreement and all amounts claimed by Customer as Work costs are substantiated to PG&E's reasonable satisfaction, PG&E will issue a check ("Check") to Customer or Contractor (as designated by Customer in Section 15) for all amounts PG&E approves for payment in accordance with the Agreement. The date of such issuance is the "Issuance Date". If the Check is issued to Customer, Customer shall be responsible for paying any outstanding fees due to Contractor for the Work. If the Check is less than the amount due from Customer to Contractor, Customer shall be responsible for the excess due to the Contractor.
7. Customer shall repay the Loan Balance to PG&E as provided in this Loan Agreement irrespective of whether or when the Work is completed or whether the Work is in any way defective or deficient, and whether or not the Work delivers energy efficiency savings to Customer.
8. The monthly payments will be included by PG&E on the Account's regular energy service bills, or by separate bill, in PG&E's discretion.
Regardless whether the monthly payments are included in the regular utility bill or a separate loan installment bill, the following repayment terms will apply:
a. The Customer agrees to repay to PG&E the Loan Balance in the number of payments listed below and in equal installments (with the final installment adjusted to account for rounding), by the due date set forth in each PG&E utility bill or loan installment bill rendered in connection with Customer's account (identified by the number set forth below) ("Account"), commencing with the bill which has a due date falling at least 30 days after the Issuance Date. b. If separate energy service bills and loan installment bills are provided, amounts due under this Loan Agreement as shown in the loan installment bill shall be deemed to be amounts due under each energy services bill to the Account, and a default under this Loan Agreement shall be treated as a default under the Account. c. If the Customer is unable to make a full utility bill payment in a given month, payment arrangements may be made at PG&E's discretion.
d. Any partial bill payments received for a month will be applied in equal proportion to the energy charges and the loan obligation for that month, and the Customer may be considered in default of both the energy bill and the loan e. Further payment details are set forth below.
9. Any notice from PG&E to Customer regarding the Program or the transactions contemplated under the Loan Agreement may be provided within a PG&E utility bill or loan installment bill, and any such notices may also be provided to Customer at the address below or to the Customer's billing address of record in PG&E's customer billing system from time to time, and in each case shall be effective five (5) days after they have been mailed.
10. The Loan Balance shall not bear interest.
11. Customer may, without prepayment penalty, pay the entire outstanding loan balance in one lump sum payment provided the customer first notifies PG&E by telephoning the toll free phone number (1-800-468-4743), and by sending written notice to PG&E On-Bill Financing Program Administrator at the address listed below, in advance of making the lump sum payment. Accelerated payments that are received from Customer without PG&E's prior approval may, at PG&E's sole discretion, be applied proportionally to subsequent energy charges and Loan repayments and PG&E shall have no obligation to apply accelerated payments exclusively to reduction of the outstanding Loan.
12. The entire outstanding Loan Balance will become immediately due and payable, and shall be paid by Customer within 30 days if: (i) the Account is closed or terminated for any reason; (i) Customer defaults under the Agreement; (i) Customer sells the equipment forming part of the Work to any third party; or (iv) Customer becomes Insolvent. Customer becomes "Insolvent" if: (i) Customer is unable to pay its debts as they become due or otherwise becomes insolvent, makes a general assignment for the benefit of its creditors, or suffers or permits the appointment of a receiver for its business or assets or otherwise ceases to conduct business in the normal course; or (i) any proceeding is commenced by or against Customer under any bankruptcy or insolvency law that is not dismissed or stayed within 45 days.
13. Customer understands that without limiting any other remedy available to PG&E against Contractor or Customer, failure to repay the Loar Balance in accordance with the terms of the Agreement could result in shut-off of utility energy service, adverse credit reporting and collection procedures, including, without limitation, legal action.
14. If there is any conflict among the documents comprising the Agreement, the following order of priority shall apply: 1. this Loan Agreement; 2. the Application; 3. any documents attached to the Application. 2 Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019
15. LOCAL AGENCY OR DISTRICT REQUIREMENT
a. All Payment Obligations Subject to Appropriation
The Customer acknowledges that the cost incurred pursuant to this Loan Agreement will be part of the monthly bill for electric use. All payment obligations and the Work replacement obligations of the Customer under this Loan Agreement or any related agreement or application is subject to appropriation by the Legislative body belonging to Local Agency or District cited in this loan agreement.
b. No Lien or Encumbrance; Subordination:
(1) Notwithstanding any other provision in this Loan Agreement - , PG&E acknowledges that nothing in this Loan Agreement shall constitute a mortgage, charge, assignment, transfer, pledge, lien or encumbrance upon either the Work or any part of the buildings, structures or related facilities in which the Work is constructed, installed or situated (collectively, the "Related Facilities"). Accordingly, PG&E agrees it will not record or file any instrument that would indicate or imply it has a security interest in the Related Facilities, including but not limited to a UCC-1. (2) In addition to the preceding paragraph (a), if this Loan Agreement were ever construed or deemed to create any such encumbrance, then: (i) this Loan Agreement shall be junior and subordinate and subject in all respects to the terms and conditions of any and all leases, and indentures related to lease revenue bonds issued by the Local Agency or District cited here or any other issuer of bonds on behalf of the Local Agency or District concerning the Related Facilities entered into in the past, the present or the future (the "Senior Security Documents"); and (i) any term or condition of this Loan Agreement relating to any right, title or interest in the Related Facilities or other benefits derived there from shall be in all respects junior and subordinate to, and subject to the terms of, the Senior Security Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019
16. Loan Particulars.
This table is to be completed by PG&E
Total Cost Incentive Customer Loan Balance' Monthly Payment Term? Number of Buy- Down (months) Payments
(if applicable)
$ 29,584.46 $ - 29,584.46 $ 290.04 102 102
(ecade payable to custom. Note Contractor check can be issued) or Contractor X
17. The in the exerase is unsal or subject to such modications as the Calformia Public Vies Commission may direct from time to [Federal Tax ID or Social Security #, Customer Federal Tax ID or Social Security #, Contractor 94-6000335 [80-0196823
PG&E Account # / Service Agreement #
0783031547 / 0782004174
Account Name, Customer Name, Contractor
418 N FRANKLIN SAme: CITY OF FORT BRAGG- EcoGreen Solutions, Corey Brophy Project ID: Population Non-Res OBF - 52317 (City Hall)
Customer Address (For OBF Check Delivery) Contractor Address (For OBF Check Delivery) 27671 La Paz Rd, Suite 100
- Laguna Niguel CA 192677
Name and Title of Authorized Representative of Contraid Tile of Authorized Representative of Customer
Full Name & Title Corey Brophy, EcoGreen Solutions
Signature of Authorized Representative of Customer
Full Signature
Date
Date Signed
ACCEPTED: Pacific Gas and Electric Company
By Date
PG&E On-Bill Financing Authorized Representative
' The Loan Balance shall not exceed two-hundred fifty thousand dollars ($250,000), except where, in PG&E's exceed wa-hundred fity thousand dolars 8260,00) but shal not exceed four milton dolars (5,00,00).
The loan term in months will be established by PG&E at the time of the OBF Loan Agreement initiation. Th aximum loan term shall be one hundred and twenty (120) month:
4 Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019 On-Bill Financing Program (OBF)
Loan Calculation Summary Sheet
Simple project payback per meter
Customer Name: CITY OF FORT BRAGG - 416 N FRANKLIN ST
Project Number: FA ID 014044
Calculations from:
Original
(C) ESTIMATED ESTIMATED SIMPLE
Customer Down Payment CUSTOMER CUSTOMER ESTIMATED
CUSTOMER AVERAGE ANNUAL
PROJECT COST FOR REBATES or INCENTIVES TOTAL LOAN AVERAGE RATE ANNUAL GAS ANNUAL ENERGY PAYBACK or Buy-Down RATE PER Therm ENERGY
MEASURES AMOUNT SAVINGS COST SAVINGS IN YEARS
PER kWh SAVINGS
(kWh) (Therm)
29,584.46 $ 29,584.46 $ 0.31 $ 11,392.60 3,510.94 8.43
PAYBACK IN MONTHS CUSTOMER FIXED ESTIMATED
LOAN TERM (MONTHS) MONTHLY
BASED ON EXPECTED (mutated for bill MONTHLY LOAN ENERGY COST
ENERGY SAVINGS PAYMENT SAVINGS
101 102 290.04 292.58
(C) = (From utility bill) Total $ amount (12-month) / Total kWh (same 12-month) (D) = (From utility bill) Total $ amount (12-month) / Total therm (same 12-month) Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019
16. Loan Particulars.
This table is to be completed by PG&E
Total Cost Incentive Customer Loan Balance ' Monthly Payment Term? Number of Buy- Down (months) Payments
(if applicable)
$ 21,361.64 $ 21,361.64 $ 300.87 71 71
heck Made Payable to Customer • or Contractor )
customer to select payment method. Note that only one check can be issued
17. Thie in the erase is balle subject to such modifications as the California Public Uities Commission may direct from time to [Federal Tax ID or Social Security #, Customer Federal Tax ID or Social Security #, Contractor 94-6000335 [80-0196823
PG&E Account # / Service Agreement #
0783031547 0783031140
Account Name, Customer Name, Contractor
Primary Customer Name: CITY OF FORT BRAGG EcoGreen Solutions, Corey Brophy 00 W CYPRESS ST
Project ID: City of Fort Bragg- WWTP
Customer Address (For OBF Check Delivery) Contractor Address (For OBF Check Delivery) 27671 La Paz Rd, Suite 100
Laguna Niguel CA 192677
Name and Title of Authorized Representative of Contraid Tile of Authorized Representative of Customer
Full Name & Title Corey Brophy, EcoGreen Solutions
Signature of Authorized Representative of Customer
Full Signature
Date
Date Signed
ACCEPTED: Pacific Gas and Electric Company
By Date
PG&E On-Bill Financing Authorized Representative
' The Loan Balance shall not exceed two-hundred fifty thousand dollars ($250,000), except where, in PG&E's exceed wa-hundred fity thousand dolars 8260,00) but shal not exceed four milton dolars (5,00,00).
The loan term in months will be established by PG&E at the time of the OBF Loan Agreement initiation. Th aximum loan term shall be one hundred and twenty (120) month:
4 Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019 On-Bill Financing Program (OBF)
Loan Calculation Summary Sheet
Simple project payback per meter
Customer Name: CITY OF FORT BRAGG - 100 W CYPRESS ST
Project Number: FA ID 014046
Calculations from:
Original
CUSTOMER (c) ESTIMATED ESTIMATED ESTIMATED SIMPLE
PROJECT COST FOR REBATES or INCENTIVES Customer Down Payment TOTAL LOAN CUSTOMER CUSTOMER AVERAGE ANNUAL ANNUAL GAS ANNUAL ENERGY PAYBACK or Buy-Down AVERAGE RATE ENERGY
MEASURES AMOUNT PER kWh RATE PER Therm SAVINGS SAVINGS COST SAVINGS IN YEARS (kWh) (Therm)
21,361.64 $ 21,361.64 $ 0.21 $ 17,129.32 3,664.11 5.83
PAYBACK IN MONTHS CUSTOMER FIXED ESTIMATED
LOAN TERM (MONTHS) MONTHLY
BASED ON EXPECTED (1 month added for bill MONTHLY LOAN ENERGY COST ENERGY SAVINGS neutrality) PAYMENT SAVINGS
70 71 300.87 305.34
(C) = (From utility bill) Total $ amount (12-month) / Total kWh (same 12-month) (D) = (From utility bill) Total $ amount (12-month) / Total therm (same 12-month) Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019
16. Loan Particulars.
This table is to be completed by PG&E
Total Cost Incentive Customer TLoan Balance ' Monthly Payment Term? Number of Buy- Down (months) Payments
(if applicable)
$ 12,204.12 $ - 12,204.12 s 190.69 64
Custome to plect payne stamed. Not fat only one check can be sued).
17. The in the exerase is unsal or subject to such modications as the Calformia Public Vies Commission may direct from time to [Federal Tax ID or Social Security #, Customer Federal Tax ID or Social Security #, Contractor 94-6000335 80-0196823
PG&E Account # / Service Agreement #
0783031547 0784723117
Account Name, Customer Name, Contractor
imary Customer Name: CITY OF FORT BRAGG EcoGreen Solutions, Corey Brophy 1301 CEDAR S
Pate 1D: Gily of Fort Brag - Public Works Yard and
Customer Address (For OBF Check Delivery) Contractor Address (For OBF Check Delivery) 27671 La Paz Rd, Suite 100
- Laguna Niguel CA 192677
Name and Title of Authorized Representative of Contract Tile of Authorized Representative of Customer
Full Name & Title Corey Brophy, EcoGreen Solutions
Signature of Authorized Representative of Customer
Full Signature
Date
Date Signed
ACCEPTED: Pacific Gas and Electric Company
By Date
PG&E On-Bill Financing Authorized Representative
' The Loan Balance shall not exceed two-hundred fifty thousand dollars ($250,000), except where, in PG&E's exceed wa-hundred fity thousand dolars 8260,00) but shal not exce four milton dolars (S,00,00).
The loan term in months will be established by PG&E at the time of the OBF Loan Agreement initiation. Th aximum loan term shall be one hundred and twenty (120) month:
4 Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019 On-Bill Financing Program (OBF)
Loan Calculation Summary Sheet
Simple project payback per meter
Customer Name: CITY OF FORT BRAGG - 31301 CEDAR ST
Project Number: FA ID 014048
Calculations from:
Original
(C) ESTIMATED ESTIMATED ESTIMATED SIMPLE
Customer Down Payment CUSTOMER CUSTOMER ANNUAL
PROJECT COST FOR REBATES Or INCENTIVES or Buy-Down TOTAL LOAN AVERAGE RATE CUSTOMER AVERAGE ENERGY ANNUAL GAS ANNUAL ENERGY PAYBACK MEASURES AMOUNT RATE PER Therm SAVINGS COST SAVINGS IN YEARS PER kWh SAVINGS
(kWh) (Therm)
12,204.12 $ 12,204.12 $ 0.28 $ 8,458.07 2,327.01 5.24
PAYBACK IN MONTHS CUSTOMER FIXED ESTIMATED
LOAN TERM (MONTHS) MONTHLY
BASED ON EXPECTED (1 month added for bill MONTHLY LOAN ENERGY COST ENERGY SAVINGS neutrality) PAYMENT SAVINGS
63 64 190.69 193.92
(C) = (From utility bill) Total $ amount (12-month) / Total kWh (same 12-month) (D) = (From utility bill) Total $ amount (12-month) / Total therm (same 12-month) Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019
16. Loan Particulars.
This table is to be completed by PG&E
Total Cost Incentive Customer Loan Balance ' Monthly Payment Term 2 Number of Buy- Down (months) Payments
(if applicable)
$ 43,020.78 $ - 43,020.78 s 367.70 117 117
Custome to pact payne stamed. Mole that only one check an be lasued.
17. The in the exerase is unsal or subject to such modications as the alformia Public Vies Commission may direct from time 10 [Federal Tax ID or Social Security #, Customer Federal Tax ID or Social Security #, Contractor 94-6000335 [80-0196823
PG&E Account # / Service Agreement #
0783031547 0785356934
Account Name, Customer Name, Contractor
Primary Customer Name: CITY OF FORT BRAGG EcoGreen Solutions, Corey Brophy, Program 250 CYPRESS ST Manager
Project ID: City of Fort Bragg-Police Department
FA ID: 014047
Customer Address (For OBF Check Delivery) Contractor Address (For OBF Check Delivery) 416 North Franklin Street 27671 La Paz Rd, Suite 100
Fort Bragg ICA T95437 Laguna Niguel CA 192677
Customed Tile of Authorized Representative of Can Tie outrized Representative of Full Name & Title John Smith, Public Works Directo Soliongphy, Program Manager, EcoGreen City of Fort Bragg
Signature of Authorized Representative of Customer
Full Signature
Date
Date Signed
ACCEPTED: Pacific Gas and Electric Company
By Date
PG&E On-Bill Financing Authorized Representative
Address:
On-Bill Financing Program
Mail Code N6G
Pacific Gas and Electric Company
PO Box 770000
San Francisco, CA 94177-0001
1 kimum team tem sal we one sated and en 12) mime or the BF Loan Agreement intiation. The 4 Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019 On-Bill Financing Program (OBF)
Loan Calculation Summary Sheet
Simple project payback per meter
Customer Name: CITY OF FORT BRAGG - 250 CYPRESS ST
Project Number: FA ID 014047
Calculations from:
Original
ESTIMATED (F)
CUSTOMER (c) ESTIMATED ESTIMATED SIMPLE
PROJECT COST FOR REBATES or INCENTIVES Customer Down Payment TOTAL LOAN CUSTOMER CUSTOMER AVERAGE ANNUAL ANNUAL GAS ANNUAL ENERGY PAYBACK or Buy-Down AVERAGE RATE ENERGY
MEASURES AMOUNT RATE PER Therm SAVINGS SAVINGS COST SAVINGS IN YEARS (kWh) (Therm)
43,020.78 $ 43,020.78 $ 0.24 $ 18,868.47 4,434.41 9.70
PAYBACK IN MONTHS CUSTOMER FIXED ESTIMATED
LOAN TERM (MONTHS) MONTHLY
BASED ON EXPECTED MONTHLY LOAN ENERGY COST
ENERGY SAVINGS mutated or ble PAYMENT
SAVINGS
116 117 367.70 369.53
(C) = (From utility bill) Total $ amount (12-month) / Total kWh (same 12-month) (D) = (From utility bill) Total $ amount (12-month) / Total therm (same 12-month) Form 79-1194
Advice 4085-G/5517-E
Automated Document - Preliminary Statement Part A April 2019 Pacific Gas and Electric Company
Energy Efficiency Retrofit Loan Program
PCSI
Financing Supplement to the Energy
Efficiency Retrofit Program Application
The Energy Efficiency Retrofit Loan Program (the "Program") is funded 2. Loan Features: The loans offered under the Program are interest- by California utility customers and administered by Pacific Gas and free (0%) and free of any fees, late payment penalties or other Electric Company (PG&E) under the auspices of the California Public charges. The loan terms and conditions are set to provide simple Utilities Commission (CPUC). The Program provides qualified PG&E payback from energy savings during the maximum allowed loan customers with a means to finance energy-efficient (EE) retrofit projects term, and are calculated by dividing the loan amount (eligible project implemented under select PG&E EE Programs (the "Qualified cost less Qualified Program Incentives) by the estimated monthly Program". The loans issued under the Program are interest-free, energy savings resulting from the Retrofit Project. The ensuing unsecured loans to fully or partially reimburse qualified PG&E number of monthly payments must not exceed the Maximum Loan customers for the costs they incur in connection with a qualified retrofit Term set forth in chart below ("Loan Amount and Term Limitations"). project (the "Retrofit Project"), which term shall mean the energy 3. Eligibility: Prior to purchasing and installing any energy-efficient efficiency retrofit project described in Customer's relevant Energy measures or equipment under the Qualified Program, Customer Efficiency Program Application. must satisfy the eligibility requirements of both the Program and
1. Conditions for Eligibility: Participation in the Program is limited to Qualified Program. Because energy efficiency projects in progress PG&E customers that meet the following conditions and satisfy are ineligible under the Program, Customer must have an inspection these conditions throughout the duration of the Retrofit Project up to of the Retrofit Project and Location conducted and completed by and including the date of Final Verification (defined below in Section PG&E before commencing any work or purchasing any equipment 8): (a) the PG&E customer must be a business ("Commercial for the Retrofit Project.
Customer") or a federal, state, county or local government agency 4. Inspection: PG&E will assist Customers in understanding the energy ("Government Customer").* Commercial Customers and
efficiency measures available under the Qualified Program and will Government Customers are collectively referred to as "Customer;" answer their questions concerning this Program. After Customer (b) Customer currently receives service from PG&E at the location of has decided upon the measures that comprise the Retrofit Project, the Retrofit Project (the "Location"); (c) Customer has continually PG&E will request an engineering review, perform an inspection of maintained an active PG&E account for the previous 24 months and the Location, calculate the Loan Terms and prepare the Loan has a minimum of 12 months of historical metered energy usage at Documents. Thereafter, PG&E will provide Customer with a copy of Customer's current Location; (d) at the time the Customer's the inspection report, a Loan Agreement, the Application, the Program Application is Approved and Customer's Loan Agreement is applicable On-Bill Financing (OBF) Gas and/or Electric Rate executed, and at the time the loan is to be funded following Schedule and Loan Calculation Summary Sheet (collectively, the completion of the Retrofit Project and satisfaction of all other "Loan Documents"). requirements of the Loan Agreement, Customer must be in good credit standing, as determined by PG&E through credit review which 5. Loan Documents: If the terms of the loan are acceptable, Customer may include a commercial credit check and a bill history review, shall execute the Loan Documents and return them to PG&E prior to which may be based upon the following and other criteria: the commencement of the Retrofit Project. Incomplete or incorrect applications cannot be processed and may result in the delay of a. No 24-hour disconnection notices in the last 12 months; PG&E's approval and possible disqualification from the Program. b. No returned payments within the last 12 months; Customer may withdraw this Application for any reason without c. No more than 1 payment arrangement in the last 12 months; penalty by sending written notice to PG&E. d. No broken payment arrangements within the last 12 months; Customer's Responsibilities for Contractor and Vendor: Upon e. No deposit assessed within the last 12 months; and PG&E's notification to Customer that the Retrofit Project is eligible f. The Retrofit Project qualifies and Customer is eligible for for the Program, Customer may begin the Retrofit Project pursuant an incentive under the Qualified Program. to the contract agreed upon by Customer, its contractor or vendor.
PG&E does not endorse or recommend any particular contractor or vendor nor does PG&E review any contractor or vendor proposals.
Loan Amount and Term Limitations
Rather, Customer shall be solely responsible for reviewing the Interest 0%, with no additional fees or charges feasibility of the contractor's and vendor's proposalls) and verifying their respective qualifications, pricing, energy savings, warranties Minimum Loan Amount $5.000 and the terms and conditions of the contractor's and/or vendor's contract with Customer.
Maximum Loan Amount Commercial Customer:
$100,000 / premises
Government Customer:
$250,000/ meter
Maximum Loan Term, not Commercial Customer: 60 months
to exceed the Expected
Government Customer: 120 months
Useful Life (EUL) of the
measures
*Residential customers are ineligible.
7. PG&E Disclaimers: CUSTOMER'S DESIGN OF THE RETROFIT I b. If the changes to the Retrofit Project are such that it no longer PROJECT AND SELECTION AND USE OF ENERGY EFFICIENCY meets the Program's payback criteria or other conditions, the EQUIPMENT, MEASURES AND SELECTION OF CONTRACTORS AND Retrofit Project will be considered ineligible, the Loan Agreement will VENDORS IS AT CUSTOMER'S SOLE DISCRETION AND AT be terminated and no loan proceeds will be disbursed.
CUSTOMER'S SOLE RISK. TO THE EXTENT PERMITTED BY c. IF PG&E DETERMINES, IN ITS ABSOLUTE DISCRETION, THAT
APPLICABLE LAW, PG&E EXPRESSLY AND SPECIFICALLY CUSTOMER'S CREDIT HAS DETERIORATED OR HAS OTHERWISE
DISCLAIMS ANY LIABILITY IN RESPECT OF ANY ADVICE, PLACED CUSTOMER'S REPAYMENT OF THE LOAN AT RISK, THE
INFORMATION OR OTHER INSTRUCTION PROVIDED BY OR ON LOAN PROCEEDS SHALL NOT BE ISSUED, EVEN THOUGH THE
BEHALF OF PG&E TO CUSTOMER IN CONNECTION WITH THE RETROFIT PROJECT MAY HAVE BEEN SATISFACTORILY QUALIFIED PROGRAM, PROGRAM OR RETROFIT PROJECT. PG&E COMPLETED AT CUSTOMER'S EXPENSE.
DOES NOT WARRANT OR BEAR ANY RESPONSIBILITY FOR ANY OF
9. Disbursements: Subject to and following PG&E's satisfactory Final THE FOLLOWING:
Verification, an incentive check and the loan proceeds will be issued a. THE WORK PERFORMED BY CUSTOMER'S CONTRACTORS) OR
to Customer or, at Customer's written direction, to Customer's VENDORS), THAT THE RETROFIT PROJECT IS APPROPRIATE FOR contractor or vendor.
THE LOCATION;
10. General Provisions:
b. THE RETROFIT WILL RESULT IN OR YIELD ANY ENERGY
EFFICIENCY SAVINGS OR A SPECIFIC AMOUNT OF ENERGY a. Applications for loans under the Program will be accepted from qualified Customers on a first-come, first-served basis until the
EFFICIENCY SAVINGS OR OTHER REDUCTION IN CUSTOMER'S
funds allocated by PG&E for the Program are no longer available.
PG&E UTILITY BILL AFTER COMPLETION OF THE RETROFIT
The Program may be modified or terminated by the CPUC or PG&E PROJECT;
at any time and without prior notice. However, termination of the c. THE CONTRACTOR'S OR VENDOR'S SERVICES WILL BE TIMELY, Program following execution of a Loan Agreement by Customer will
COMPLETE OR ERROR-FREE, OR THAT DEFECTS IN THE RETROFIT not affect that Loan Agreement, or, if Customer thereafter satisfies PROJECT WILL BE CORRECTED BY SUCH INDIVIDUALS; all Program conditions, the disbursement. d. ANY ERRORS, OMISSIONS, DEFECTS OR DELAYS IN THE DESIGN b. The loan proceeds may only be used to pay or reimburse OR CONSTRUCTION OF THE RETROFIT PROJECT OR THE Customer for implementing or installing energy-efficient measures
OPERATION OF ANY ENERGY EFFICIENCY MEASURES INSTALLED
or equipment through the Qualified Program.
AT THE LOCATION.
c. If there is any conflict between the terms of any document relating
8. Verification: Upon completion of the Retrofit Project, Customer shall to the Program, the Loan Documents shall control.
request PG&E's post-completion inspection and final verification that d. For all retrofit projects, including but not limited to streetlight, the Retrofit Project has been completed in conformity with the HVAC and lighting retrofits, Customer acknowledges and
requirements of the Qualified Program and that customer remains understands that Customer is able to use the installation vendor or eligible (the "Final Verification").
contractor of their choice.
a. If there has been any change to the Retrofit Project's scope, cost and/or incentives available under the Qualified Program or energy savings, Customer will be required to enter into a Loan Modification Agreement with PG&E, which may include new contract terms reflecting the changes in the Retrofit Project. (If a Loan Modification Agreement is required, it shall be deemed part of the "Loan Documents.")
I have read, understand and agree to all of the Energy Efficiency Retrofit Loan Program requirements and terms and conditions set forth in this Program description. I understand that loan calculations will be based on pre-inspection results and on the applicable program documentation, and that my agency/company must meet all eligibility criteria and requirements in order to participate in the Program.
Any unapproved changes to project scope, costs or run hours, or to my agency's/company's creditworthiness, between the time the Loan Documents are accepted and signed and the Retrofit Project is completed and the project's and my agency's/company's continued eligibility are verified, could result in loan ineligibility.
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Legal Name of Business (i.e., the formal name on your tax return] Authorized Representative's Printed Name →
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→ Federal Tax ID Number:
• Social Security Number:
FOR PG&E USE ONLY:
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Retrofit Program Application Number OBF Application Number POSE PG&E prints its materials with soy based inks ey on recycled paper. e