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The Energy Efficiency Retrofit Loan Program [the "Program") is funded <br />by California utility customers and administered by Pacific Gas and <br />Electnc Company [PG&E] under the auspices of the California Public <br />Utilities Commission [CPUCl. The Program provides qualified PG&E <br />customers with a means to finance energy-efficient [EE] retrofit projects <br />implemented under select PG&E EE Programs [the "Qualified <br />Program")' The loans issued under the Program are interest-free, <br />unsecured ,oans to fully 0' partially reimburse qualified PG&E <br />custon-:ers for the costs they Incur in connection with a qualified retrofit <br />pro;ect [the "Retrofit Project"L which term shall mean the energy <br />efficiency retrofit project described in Customer's relevant Energy <br />Efficiency Program Application. <br />Conditions for Eligibility: Participation in the Program is limited to <br />PG&E customers that meet the following conditions and satisfy <br />these conditions throughout the duration of the Retrofit Project up to <br />and including the date of Final Verification [defined below:n Section <br />8): lal the PG&E customer must be a business ["Commercial <br />Customer") or a federal. state, county or local government agency <br />l"Government Customer"): Commercial Customers and <br />Government Customers are collectively referred to as "Customer;" <br />[b) Customer currently receives service from PG&E at the location of <br />the Retrofit Project [the "Location"); Ie] Customer has continually <br />maintai:led an active PG&E account for the previous 2/+ months and <br />has u minimum of 12 months of historical metered energy usage at <br />Customer's current Location; [dl at the time the Customer's <br />Program Application is Approved and Customer's Loan Agreement is <br />executed, and at the time the loan is to be funded following <br />completion of the Retrofit Project and satisfaction of all other <br />requirements of the Loan Agreement, Customer must be In good <br />credit standing, as determined by PG&E through credit review which <br />may Include a commercial credit check and a bill history review, <br />whch may be based upon the following and other criteria: <br />a. No 24-hour disconnection notices In the last 12 months; <br />b. No returned payrllents within the last 12 months; <br />c. No more than 1 payment anangernent 111 the last 12 rponlhs; <br />d. No broken payment arr-allgernents within the last 12 months; <br />e, No depOSit assessed Within the last 12 months; and <br />f. The Retrofit Project ql,alifies and Custome'-is eligible for <br /> <br />an Incentive under the QUdlified Program, <br /> <br />MaximumLoaft,'term,flQt <br />to exceed the,~p~cted <br />U.seful Ufe lEU!..] olthe <br />measures <br />Loan Features: The loans offered undel-the Prograrr are Interest­ <br />free 10%] and free of any fees, late payment penalties or other <br />charges. The loan terms and conditions are set to provide Simple <br />payback from energy savlrlgs during the maximum allowed loan <br />term, and are calculated by dividing the loan arrount (etigible project <br />cost less Qualified Program Incentivesl by the estimated monthly <br />energy savings resulting from the Retrofit Project. The ensuing <br />number of monthly payments must not exceed the MaXimum Loan <br />Term set forth in chart below ["Loan Amount and Term limitations''). <br />Eligibility: Prior to purchaSing and installing any energy-efficient <br />measures or equipment under the Qualified Program, Customer <br />must satisfy the eligibility requirements of boU-the Program and <br />Qualified Program, Because energy efficiency projects in progress <br />are ineligible under the Program, Customer must have an inspection <br />of the Retrofit Project and Locat;on conducted and completed by <br />PG&E before commencing any work or purchasing any eauipment <br />for the Retrofit Project. <br />Inspection: PG&E will assist Customers In understanding the energy <br />efficiency measures avail.able under the Qualified Prograrr and wll~ <br />answer their questions concerning thiS Program, After Customer <br />has decided upon the measures that comprise the Retrofit Project, <br />PG&E will request a'l engineering reView, pedorm an inspection at <br />the Location, calculate the Loan Terms and prepare the Loan <br />Documents, Thereafter, PG&E will provide Customer With a copy of <br />the Inspection report, a Loan Agreement, the Application, the <br />applicable On-Bill Financing (OBF) Gas and/or Electric Rate <br />Schedule and Loan Calculation Summary Sheet !collectively, the <br />"Loan Documents"]' <br />Loan Documents: If the terms of the loan are acceptable, Customer­ <br />shall execute the Loan Documents and return them to PG&E prior to <br />the commencement of the Retrofit Project. Incomplete or Incorrect <br />applications cannot be and lTlay n"sult in tfle de~ay 01 <br />PG&E's appmval and possible disqualiilcation from the Program, <br />Customer' may withdraw ttllS Application for any r'eason Without <br />penalty by sending wl-itten notice to PG& E, <br />Customer's Responsibilities for Contractor and Vendor: Upon <br />PG&E's notification to Customer that the Retrofit Project 15 <br />for the Program, Customer may begin the Retrofrt Project pursuant <br />to the contract agr-eed upon by Customer', its contractor or-vendor, <br />PG&E does not endorse or recommec:d any particular contractor or <br />vendor nof' does PG& E r'ev;ew any contractor or vendor proposals, <br />Rather, Customer shall be solely responSible for I-ev'ewlng the <br />feasibility of the contractor's and vendor's proposalisJ and verifYing <br />their respective qualifications, prrcng, energy savings, warranties <br />and the terms and conditions of the corltractor's and/or verldor's <br />contract with Customer. <br />'Resldentia! customers are ineligible. <br />Page 1 of 2