Fairfield-Suisun Unified School DistrictASHRAE Level 2 Energy Audit Report

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2 FINANCIAL ANALYSIS

Please refer to the attached Financial Summary and Financial Cash Flow Analysis sheets.

The following financial analysis provides a high-level project summary of implementation costs, energysavings, and associated return-on-investment. Also, the financial analysis provides annual income andexpense amounts based on procurement of energy measures through Proposition 39 funds as well asa low interest energy financing program for all remaining projects based on the interest rates as statedin the analysis.

The analysis provides an annual cash flow for the given term followed by finance assumptions anddetailed energy measure information.

2.1 Financial Summary

2.2 Financial Cash Flow Analysis

FINANCIAL SUMMARY

Fairfield-Suisun Unified School District

Energy Efficiency Measure Total Project Total Utility/Other SimpleType Cost Savings/Yr Incentives Payback SIR

Building Controls 263,056$ 101,836$ -$ 2.6 4.26HVAC 11,141,405$ 425,907$ -$ 26.2 0.43Lighting 2,961,622$ 318,719$ 16,375$ 9.2 1.44Exterior Lighting Controls 350,571$ 15,955$ -$ 22.0 0.89Pool Pump VFDs 17,355$ 4,811$ -$ 3.6 4.15Vending Controls 10,182$ 2,959$ 2,200$ 2.7 1.97Engineering/PM/Other 203,490$ -$ -$ 0.00

Total 14,947,681$ 870,187$ 18,575$ 17.2 0.71

($75,059)

$945,245

$0

$348,560

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15 Year Total Project Savings $16,184,526

$2,293,250

$2,814,876

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FINANCIAL CASH FLOW ANALYSIS

Fairfield-Suisun Unified School District

YearEnergy Savings

Operational Savings

Utility Incentives

Other Incentives

Total Income

Maintenance Services

Other Services

Annual Payment

Total Expense

Annual Cash Flow

Cumulative Cash Flow

1 521,627$ 348,560$ -$ -$ 870,187$ -$ -$ (945,245)$ (945,245)$ (75,059)$ (75,059)$ 2 537,275$ 359,017$ -$ -$ 896,292$ -$ -$ (945,245)$ (945,245)$ (48,953)$ (124,012)$ 3 553,394$ 369,787$ -$ -$ 923,181$ -$ -$ (945,245)$ (945,245)$ (22,064)$ (146,076)$ 4 569,995$ 380,881$ -$ -$ 950,876$ -$ -$ (945,245)$ (945,245)$ 5,631$ (140,445)$ 5 587,095$ 392,307$ -$ -$ 979,403$ -$ -$ (945,245)$ (945,245)$ 34,157$ (106,287)$ 6 604,708$ 404,077$ -$ -$ 1,008,785$ -$ -$ (945,245)$ (945,245)$ 63,540$ (42,748)$ 7 622,849$ 416,199$ -$ -$ 1,039,048$ -$ -$ (945,245)$ (945,245)$ 93,803$ 51,056$ 8 641,535$ 428,685$ -$ -$ 1,070,220$ -$ -$ (945,245)$ (945,245)$ 124,975$ 176,030$ 9 660,781$ 441,546$ -$ -$ 1,102,326$ -$ -$ (945,245)$ (945,245)$ 157,081$ 333,111$ 10 680,604$ 454,792$ -$ -$ 1,135,396$ -$ -$ (945,245)$ (945,245)$ 190,151$ 523,262$ 11 701,022$ 468,436$ -$ -$ 1,169,458$ -$ -$ (945,245)$ (945,245)$ 224,213$ 747,475$ 12 722,053$ 482,489$ -$ -$ 1,204,542$ -$ -$ (945,245)$ (945,245)$ 259,297$ 1,006,772$ 13 743,715$ 496,963$ -$ -$ 1,240,678$ -$ -$ (945,245)$ (945,245)$ 295,433$ 1,302,205$ 14 766,026$ 511,872$ -$ -$ 1,277,898$ -$ -$ (945,245)$ (945,245)$ 332,653$ 1,634,858$ 15 789,007$ 527,228$ -$ -$ 1,316,235$ -$ -$ (945,245)$ (945,245)$ 370,990$ 2,005,848$

Totals 9,701,686$ 6,482,840$ -$ -$ 16,184,526$ -$ -$ (14,178,678)$ (14,178,678)$ 2,005,848$

Total Project Cost 14,947,681$ Internal Rate of Return 0.9%Capital Contribution 4,419,503$ Discount Rate 4.0%Utility Rebate/Incentive 18,575$ Net Present Value ($3,207,471)Net Project Amount 10,509,603$ Interest Rate 4.00%Program Term (Yrs) 15.0 Annual Payment (945,245)$ Energy Cost Escalation 3.0%Total Program Savings 16,184,526$ Maintenance Cost Escalation 3.0%

Total Project Electrical Natural Gas Other Maintenance Total Utility Other SimpleMeasures Cost Savings/Yr Savings/Yr Savings/Yr Savings/Yr Savings/Yr Incentives Incentives PaybackBuilding Controls 263,056$ 97,493$ 4,343$ -$ -$ 101,836$ -$ -$ 2.6HVAC 11,141,405$ 147,372$ -$ -$ 278,535$ 425,907$ -$ -$ 26.2Lighting 2,961,622$ 248,694$ -$ -$ 70,025$ 318,719$ 16,375$ -$ 9.2Vending Controls 10,182$ 2,959$ -$ -$ -$ 2,959$ 2,200$ -$ 2.7Project Development -$ -$ -$ -$ -$ -$ -$ -$ Totals 14,947,681$ 517,284$ 4,343$ -$ 348,560$ 870,187$ 18,575$ -$ 17.2

*Financial Analysis assumes Proposition 39 Allocation funds as a simple capital contribution and market interest rate of 4% for illustrative purposes.

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