City of Santa Maria
Sustainable Solutions Turnkey Implementation Project Pro Forma
Year
PG&E Annual
Lighting Savings
($)
PG&E Annual
HVAC Savings
($)
PG&E Annual
Heating
Penalty ($)
Annual
Maintenance
Savings ($)
Total Annual
Savings ($)
Annual
Payment ($)
Net Annual
Savings ($)
Net Cumulative
Savings ($)
1 $433,574 $13,007 -$3,039 $43,357 $486,900 $408,707 $78,192 $78,192 2 $455,253 $13,658 -$3,191 $40,973 $506,692 $408,707 $97,985 $176,177 3 $478,016 $14,340 -$3,351 $38,241 $527,246 $408,707 $118,539 $294,717 4 $501,917 $15,057 -$3,519 $35,134 $548,590 $408,707 $139,882 $434,599 5 $527,012 $15,810 -$3,695 $31,621 $570,749 $408,707 $162,042 $596,641 6 $553,363 $16,601 -$3,879 $27,668 $593,753 $408,707 $185,046 $781,687 7 $581,031 $17,431 -$4,073 $23,241 $617,630 $408,707 $208,923 $990,609 8 $610,083 $18,302 -$4,277 $18,302 $642,411 $408,707 $233,704 $1,224,313 9 $640,587 $19,218 -$4,491 $12,812 $668,125 $408,707 $259,418 $1,483,731 10 $672,616 $20,178 -$4,715 $6,726 $694,806 $204,354 $490,452 $1,974,183 11 $706,247 $21,187 -$4,951 -$7,062 $715,421 $715,421 $2,689,604 12 $741,559 $22,247 -$5,199 -$9,269 $749,338 $749,338 $3,438,942 13 $778,637 $23,359 -$5,459 -$11,680 $784,858 $784,858 $4,223,801 14 $817,569 $24,527 -$5,731 -$14,307 $822,057 $822,057 $5,045,858 15 $858,448 $25,753 -$6,018 -$17,169 $861,014 $861,014 $5,906,872 16 $901,370 $27,041 -$6,319 -$20,281 $901,811 $901,811 $6,808,684 17 $946,439 $28,393 -$6,635 -$23,661 $944,536 $944,536 $7,753,220 18 $993,760 $29,813 -$6,967 -$27,328 $989,278 $989,278 $8,742,498 19 $1,043,448 $31,303 -$7,315 -$31,303 $1,036,134 $1,036,134 $9,778,632 20 $1,095,621 $32,869 -$7,681 -$35,608 $1,085,201 $1,085,201 $10,863,833 TOTAL $14,336,551 $430,097 -$100,504 $80,407 $14,746,551 $3,882,718 $10,863,833
Note 1: PG&E savings to accrue starting early 2026 as buildings are converted to LED lighting - escalated at 5% annually.
Note 2: Per review with Brett Fulgoni, maintenance savings to accrue starting early 2026 as the City discontinues purchase of fluorescent and HID lighting components.
Note 3: Annual payments based on PG&E/OBF agreement calculated as the sum of monthly payments: Years 1 to 9 (12 mos @ $34,058.93); Year 10 (6 mos @ $34,058.93).
Note 4: First monthly payment projected for 2 to 3 months following completion of construction (approx Jan 2027).
Attachment G