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Repayment Contract document sample
Document Sample
Existing situation Situation after luminaires replacement
Average Average
price of price of
Lamp data Total bulb Total cost Lamp data Total bulb
Nominal Circuit circuit Nominal Circuit circuit
Type power, W power,W No power, kW Type power, W power,W No power, kW
Mercury (Hg) 400 480 106 50.9 151 16,006 Hg 400 480 10 4.8 151
HPS (Na) 400 440 60 26.4 240 14,400 Hg 250 300 7 2.1 109
Mercury (Hg) 250 300 576 172.8 109 62,784 Na 250 275 18 4.95 165.5
HPS (Na) 250 275 4 1.1 165.5 662 Na 250 275 4 1.1 165.5
HPS (Na) 150 165 99 16.3 176 17,424 Na 150 165 99 16.335 153.3
HPS (Na) 100 110 48 5.3 150 7,200 Na 150 165 286 47.19 153.3
Mercury (Hg) 125 140 37 5.2 71 2,627 Na 100 110 48 5.28 152.2
Mercury (Hg) 125 140 81 11.3 71 5,751 Na 100 110 272 29.92 152.2
HPS (Na) 70 77 137 10.5 124 16,988 Hg 125 140 19 2.66 71
Hg 125 140 37 5.18 71
Na 70 77 137 10.549 129.8
Na 70 77 201 15.477 129.8
TOTAL 1148 299.9 143842.0 1138 145.5
Existing situation After reconstruction
Number of bulbs Na Hg Total Na Hg Total
348 800 1,148 1065 73 1,138
Average price of bulb 162.9 109.0 125.3 145.8 85.6 141.9
Total value of bulbs 56,674 87,168 143,842 155,238 6,249 161,487
Life-time years 5 2.5 5 2.5 Hg lamp - 2,5 a. ja Na lamp 5 a. Mõlemaid tüüpi lampe on enne ja jääb ka pärast re
Total raplacement cost yearly 11334.8 34867.2 46,202 31047.58 2499.6 33547.2
Maintanance expense saving yearly 12,655 27.4%
Käibemaksuga lampide hinnad
Uued andmed
4 - eelnevalt rekonstrueeritud
Rohelisega on märgitud uued andmed, parandused ( ka uued valgustid)
10 - ei rekonstrueerita selle projektik raames
Peale valgustite vahetamist on valgustite arv 10 võrra väiksem (1138)
Lampide andmed, võttes arvesse ka juurdelisatavaid lampe (94 tk)
Existing situation Situation after luminaires replacement and
Average Average
price of price of
Lamp data Total bulb Total cost Lamp data Total bulb
Nominal Circuit circuit Nominal Circuit circuit
Type power, W power,W No power, kW Type power, W power,W No power, kW
Mercury (Hg) 400 480 106 50.9 151 16,006 Hg 400 480 10 4.8 151
HPS (Na) 400 440 60 26.4 240 14,400 Hg 250 300 7 2.1 109
Mercury (Hg) 250 300 576 172.8 109 62,784 Na 250 275 18 4.95 165.5
HPS (Na) 250 275 4 1.1 165.5 662 Na 250 275 4 1.1 165.5
HPS (Na) 150 165 99 16.3 176 17,424 Na 150 165 99 16.335 153.3
HPS (Na) 100 110 48 5.3 150 7,200 Na 150 165 286 47.19 153.3
Mercury (Hg) 125 140 37 5.2 71 2,627 Na 100 110 48 5.28 152.2
Mercury (Hg) 125 140 81 11.3 71 5,751 Na 100 110 272 29.92 152.2
HPS (Na) 70 77 137 10.5 124 16,988 Hg 125 140 19 2.66 71
Hg 125 140 37 5.18 71
Na 70 77 137 10.549 129.8
Na 70 77 201 15.477 129.8
Na 70 77 25 1.925 129.8
Na 100 110 42 4.62 152.2
Na 150 165 27 4.455 153.3
TOTAL 1148 299.9 143842.00 1232 156.5
Existing situation After reconstruction
Number of bulbs Na Hg Total Na Hg Total
342 806 1,148 1066 72 1,138
Average price of bulb 165.7 108.1 125.3 158.6 86.8 154.0
Total value of bulbs 56,674 87,168 143,842 169,014 6,249 175,263
Life-time years 5 2.5 5 2.5 Hg lamp - 2,5 a. ja Na lamp 5 a. Mõlemaid tüüpi lampe on enne ja jääb ka pärast re
Total raplacement cost yearly 11334.8 34867.2 46,202 33802.88 2499.6 36302.5
Maintanance expense saving yearly 9,900 21.4%
Juurdelisatavad lambid
Difference in
Total cost lamp
circuit
powers, kW
1,510
763
2,979
662
15,177
43,844
7,306
41,398
1,349
2,627
17,783
26,090
161,487 154.3
d tüüpi lampe on enne ja jääb ka pärast rekonstrueerimist.
Difference in
Total cost lamp
circuit
powers, kW
1,510
763
2,979
662
15,177
43,844
7,306
41,398
1,349
2,627
17,783
26,090
3,245
6,392
4,139
175,263 143.323
d tüüpi lampe on enne ja jääb ka pärast rekonstrueerimist.
Energy saving only after luminaires replacement (Alternative 1)
Before After Total Power consumption
Case *Lamps Power *Lamps Power difference in coefficient
no power, kW consumption, kWh power, kW consumption, kWh powers, kW Before
1 310.3 1168416.6 155.9 587236.1 154.32 1.00
2 310.3 952700.0 155.9 478818.9 154.32 0.815
3 310.3 952700.0 155.9 516767.8 154.32 0.815
Energy saving calculation baseline power consumption - prognosis of 2003 year consumption (limited power consumption in previou
*) Decorative and flood lighting luminaires power 10,39 kW is included
866088.0 952696.8
Energy saving
Case Baseline Annual power Consumption Power
no kWh saving, kWh after, kWh saving, %
1 952700 581180.4 371519.6 61.0
2 952700 473881.1 478818.9 49.7
3 952700 435932.2 516767.8 45.8 This case can be taken as basis for economical calc
Power concumption coefficient ( Real max power consumption/Calculated max power consimption - 253/310,3)
253 310.29
Energy saving after luminaires replacement and aditional installation luminaires (Alternative 2)
Before After Total Power copnsumption
Case *Lamps Power *Lamps Power difference in coefficient
no power, kW consumption, kWh power, kW consumption, kWh powers, kW Before
1 310.3 1168416.6 166.9 628662.1 143.32 1.00
2 310.3 952700.0 166.9 512596.7 143.32 0.815
3 310.3 952700.0 166.9 553222.7 143.32 0.815
Additional installation of luminaires and poles:
Number of additionally installed poles 94
Number of additionally installed luminaires 64
Total additional power from net, kW 10
Energy saving
Case Baseline Annual power Consumption Power
no kWh saving, kWh after, kWh saving, %
1 952700 539754.4 412945.6 56.7
2 952700 440103.3 512596.7 46.2
3 952700 399477.3 553222.7 41.9
36454.9
Total annual energy saving for Paide town, kWh
Alternative 1 435932.2
Alternative 2 399477.3
Power consumption Annual Annual Electricity Annual saving
coefficient operation energy saving, price, EEK/kWh in money terms, Remarks
After time, h kWh EEK/y
1.00 3766 581180.4 0.86 499815 Theoretical case
0.815 3766 473881.1 0.86 407538 Existing situation
0.88 3766 435932.2 0.86 374902 Estimated situation
mption (limited power consumption in previous years), kWh 952700
e can be taken as basis for economical calculations
onsimption - 253/310,3) 0.815
0.815
Power copnsumption Annual Annual Electricity Annual saving
coefficient operation energy saving, price, EEK/kWh in money terms, Remarks
After time, h kWh EEK/y
1.00 3766 539754.4 0.86 464189 Theoretical case
0.815 3766 440103.3 0.86 378489 Existing situation
0.88 3766 399477.3 0.86 343550 Estimated situation
Jrk Ühik Kogus Ühiku hind, EEK/ühik
Rekonstrueerimistööde nimetus Ühik Kogus Valmis- Paigaldus-
nr. komponendid töö
1 Olemasolevate valgustite vahetus, s.h tk 777
- 70 W tk 201 949.1 415.3
- 100 W tk 136 1586.2 415.3
- 100 W tk 136 2003.8 415.3
- 150 W tk 286 2064.7 415.3
- 250 W tk 18 2203.4 415.3
2 Täiendavate valgustite paigaldamine, s.h tk 94
- 70 W tk 25 949.1 415.3
- 100 W tk 21 1586.2 415.3
- 100 W tk 21 2003.8 415.3
- 150 W tk 27 2064.7 415.3
3 Täiendavate mastide paigaldamine, s.h tk 64
- puitmastid tk 29 1381.4 635.6
- terasmastid, s.h tk 35
-- kõrgusega 6 m tk 3 3266.5 1271.2
-- kõrgusega 8 m tk 14 4159.5 1525.4
-- kõrgusega 10 m tk 18 4811.4 1525.4
4 Olemasolevate mastide vahetus, s.h tk 32
- puitmastid (5% koguarvust) tk 20 1381.4 635.6
- raudbetoonmastid (2,5% koguarvust) tk 12 4159.5 1525.4
- terasmastid Keskväljakul ja Pärnuvälja t. tk 25 3266.5 1271.2
5 Paljasjuhtmete asendamine õhukaabliga j.m 8200 11.9 30.5
6 Uute ülekandeliinide paigaldamine, s.h j.m 2310
- õhukaabel j.m 1050 11.9 30.5
- maakaabel j.m 1260 25.4 274.6
7 Maakaablite asendamine, s.h j.m 1475
- 5% kogupikkusest j.m 600 25.4 274.6
- Keskväljak ja Pärnuvälja tänav j.m 875 25.4 274.6
8 Jaotuskilpide uuendamine tk 24
9 Projekteerimine ja muud kulud 10%
10 Ettenägematud kulud 10%
Kokku
11 Mastide vahetus Pärnu ja Tallinna tänavatel tk 120 4811.4 1525.4
(steel poles - 10 m)
12 Uue maakaabli paigaldamine Pärnu ja j.m 3490 25.4 274.6
Tallinna tänavatel
13 Projekteerimine ja muud kulud 10%
14 Ettenägematud kulud 10%
Kokku Pärnu ja Tallinna tänavad
KOKKU EELARVE
u hind, EEK/ühik Maksumus kokku, EEK
Kokku KM-ta KM-ga
1631819 1925546
1364.4 274240 323603
2001.4 272194 321189
2419.1 328993 388212
2479.9 709256 836922
2618.6 47136 55620
193898 228799
1364.4 34109 40249
2001.4 42030 49595
2419.1 50800 59945
2479.9 66958 79010
265757 313593
2016.9 58492 69020
207266 244573
4537.7 13613 16064
5684.9 79589 93915
6336.9 114064 134595
222001 261961
2016.9 40339 47600
5684.9 68219 80498
4537.7 113443 133863
42.4 250169 295200
422492 498540
42.4 44492 52500
300.0 378000 446040
442500 522150
300.0 180000 212400
300.0 262500 309750
10000 240000 283200
366864 432899
403550 476189
4439049 5238078
6336.9 760424 897300
300.0 1047000 1235460
180742 213276
198817 234603.6
2186983 2580640
6,626,032 7,818,717
4.1. Operation and Maintenance Cost Forecasts
Bulb expense Changing the bulbs Driving through the city
Time Average Total cost
consumed in price of Total expense corre.
Number of Total Expense of changing 1 Time changing a of changing a Total cost nominal
Year bulbs changed Average price bulbs bulb hours consumed bulb/ hour bulb Hours a year Price Expense Other maint. in real prices prices
1 - 174 - 0.25 - 200 - 32 200 6,400 90,000 96,400 96,400
2 24 174 4,176 0.50 12 200 2,400 32 200 6,400 90,000 102,976 106,065
3 24 174 4,176 0.50 12 200 2,400 32 200 6,400 90,000 102,976 109,247
4 24 174 4,176 0.50 12 200 2,400 32 200 6,400 90,000 102,976 112,525
5 24 174 4,176 0.50 12 200 2,400 32 200 6,400 90,000 102,976 115,900
6 1,150 174 200,100 0.25 288 200 57,500 32 200 6,400 90,000 354,000 410,383
7 24 174 4,176 0.50 12 200 2,400 32 200 6,400 90,000 102,976 122,959
8 24 174 4,176 0.50 12 200 2,400 32 200 6,400 90,000 102,976 126,647
9 24 174 4,176 0.50 12 200 2,400 32 200 6,400 90,000 102,976 130,447
10 24 174 4,176 0.50 12 200 2,400 32 200 6,400 90,000 102,976 134,360
11 1,150 174 200,100 0.25 288 200 57,500 32 200 6,400 90,000 354,000 475,746
4.2.1. 50% ESCO, 50% GRANT
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Electricity consumption KWh 986,342 883,865 866,088 952,700 752,961 553,223 553,223 553,223 553,223 553,223
Average price/kWh 0.81 0.81 0.82 0.85 0.88 0.90 0.93 0.96 0.99 1.01
Increase 0% 1% 1% 4% 3% 3% 3% 3% 3% 3%
Electricity expense 798,627 720,000 710,047 809,795 659,218 498,877 513,843 529,258 545,136 561,490
Maintenance exp. 317,184 236,512 251,849 308,004 96,400 106,065 109,247 112,525 115,900 410,383
Increase 0.0% -25.4% 6.5% 22.3% -68.7% 10.0% 3.0% 3.0% 3.0% 254.1%
Investments 218,000 47,207 382,451 370,181 7,222,375
USES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 7,977,992 604,942 623,090 641,783 661,037 971,873
ESCO financing - - - - 3,909,359 3,518,423 3,127,487 2,736,551 2,345,615 1,954,679
Required return on investment - - - - 13.0% 13.0% 13.0% 13.0% 13.0% 13.0%
Interest payment to ESCO with VAT - - - - 569,711 509,741 449,772 389,802 329,833 269,863
Principal Repayment to ESCO with VAT - - - - 461,304 461,304 461,304 461,304 461,304 461,304
Municipal budget (maint. + electricity) 1,333,811 1,003,719 1,344,347 1,487,980 755,618 604,942 623,090 641,783 661,037 971,873
Grant from EU - - - - 3,313,016 - - - - -
SOURCES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 7,977,992 604,942 623,090 641,783 661,037 971,873
Total payment from municipal budget* 1,333,811 1,003,719 1,344,347 1,487,980 1,786,633 1,575,988 1,534,166 1,492,890 1,452,174 1,703,041
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee, ESCO payment
4.2.2. 100% LOAN
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Electricity consumption KWh 986,342 883,865 866,088 952,700 752,961 553,223 553,223 553,223 553,223 553,223
Average price/kWh 0.81 0.81 0.82 0.85 0.88 0.90 0.93 0.96 0.99 1.01
Increase 0 0.6% 0.6% 3.7% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Electricity expense 798,627 720,000 710,047 809,795 659,218 498,877 513,843 529,258 545,136 561,490
Maintenance exp. 317,184 236,512 251,849 308,004 96,400 106,065 109,247 112,525 115,900 410,383
Increase 0% -25% 6% 22% -69% 10% 3% 3% 3% 254%
Investments 218,000 47,207 382,451 370,181 7,818,717 - - - - -
USES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 8,574,335 604,942 623,090 641,783 661,037 971,873
Loan amount from NIB 7,818,717 7,036,846 6,254,974 5,473,102 4,691,230 3,909,359
Contract fee 0.5% 39,094
Loan interest rate from NIB 3.80% 3.80% 3.80% 3.80% 3.80% 3.80%
Interest Payment to NIB 282,256 252,545 222,833 193,122 163,411 133,700
Principal Repayment to NIB 781,872 781,872 781,872 781,872 781,872 781,872
Municipal budget (maint. + electricity) 1,333,811 1,003,719 1,344,347 1,487,980 755,618 604,942 623,090 641,783 661,037 971,873
SOURCES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 8,574,335 604,942 623,090 641,783 661,037 971,873
Total payment from municipal budget* 1,333,811 1,003,719 1,344,347 1,487,980 1,858,839 1,639,358 1,627,796 1,616,777 1,606,320 1,887,445
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee
4.2.3. 50% LOAN, 50% ESCO
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Electricity consumption KWh 986,342 883,865 866,088 952,700 752,961 553,223 553,223 553,223 553,223 553,223
Average price/kWh 0.81 0.81 0.82 0.85 0.88 0.90 0.93 0.96 0.99 1.01
Increase 0.0% 0.6% 0.6% 3.7% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Electricity expense 798,627 720,000 710,047 809,795 659,218 498,877 513,843 529,258 545,136 561,490
Maintenance exp. 317,184 236,512 251,849 308,004 96,400 106,065 109,247 112,525 115,900 410,383
Increase 0% -25% 6% 22% -69% 10% 3% 3% 3% 254%
Investments 218,000 47,207 382,451 370,181 7,222,375 - - - - -
USES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 7,977,992 604,942 623,090 641,783 661,037 971,873
Loan amount from NIB - - - - 3,909,359 3,518,423 3,127,487 2,736,551 2,345,615 1,954,679
Contract fee 0.5% - - - - 19,547 - - - - -
Loan interest rate from NIB - - - - 3.8% 3.8% 3.8% 3.8% 3.8% 3.8%
Interest Payment to NIB - - - - 141,128 252,545 222,833 193,122 163,411 133,700
Principal Repayment to NIB - - - - 390,936 390,936 390,936 390,936 390,936 390,936
ESCO financing - - - - 3,313,016 2,981,714 2,650,413 2,319,111 1,987,810 1,656,508
Required return on investment - - - - 13.0% 13.0% 13.0% 13.0% 13.0% 13.0%
Interest payment of ESCO with VAT - - - - 482,806 431,984 381,162 330,341 279,519 228,697
Principal Repayment of ESCO with VAT - - - - 390,936 390,936 390,936 390,936 390,936 390,936
Municipal budget (maint. + electricity) 1,333,811 1,003,719 1,344,347 1,487,980 755,618 604,942 623,090 641,783 661,037 971,873
SOURCES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 7,977,992 604,942 623,090 641,783 661,037 971,873
Total payment from municipal budget* 1,333,811 1,003,719 1,344,347 1,487,980 2,180,970 2,071,343 2,008,958 1,947,118 1,885,839 2,116,143
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee, ESCO payment
4.2.4. Implication on Municipal Budget
Payment from municipal budget 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
50% ESCO, 50% GRANT 1,786,633 1,575,988 1,534,166 1,492,890 1,452,174 1,703,041 1,372,492 1,333,561 1,295,261 1,598,998
50% LOAN, 50%ESCO 1,858,839 1,639,358 1,627,796 1,616,777 1,606,320 1,887,445 1,587,154 1,578,482 1,570,441 1,904,436
100% Loan 2,180,970 2,071,343 2,008,958 1,947,118 1,885,839 2,116,143 1,765,030 1,705,536 1,646,673 1,929,847
I phase (50% loan, 50% ESCO), II
phase (50% grant, 50% loan) 1,494,054 1,289,861 1,653,021 1,611,836 1,587,001 1,853,749 1,539,080 1,516,030 1,493,611 1,813,228
4.2.1. 50% ESCO, 50% GRANT
2010 2011 2012 2013
Electricity consumption KWh 553,223 553,223 553,223 553,223
Average price/kWh 1.05 1.08 1.11 1.14
Increase 3% 3% 3% 3%
Electricity expense 578,335 595,685 613,556 631,962
Maintenance exp. 122,959 126,647 130,447 475,746
Increase -70.0% 3.0% 3.0% 264.7%
Investments
USES OF FUNDS 701,294 722,333 744,003 1,107,709
ESCO financing 1,563,743 1,172,808 781,872 390,936
Required return on investment 13.0% 13.0% 13.0% 13.0%
Interest payment to ESCO with VAT 209,893 149,924 89,954 29,985
Principal Repayment to ESCO with VAT 461,304 461,304 461,304 461,304
Municipal budget (maint. + electricity) 701,294 722,333 744,003 1,107,709
Grant from EU - - - -
SOURCES OF FUNDS 701,294 722,333 744,003 1,107,709
Total payment from municipal budget* 1,372,492 1,333,561 1,295,261 1,598,998
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee, ESCO payment
4.2.2. 100% LOAN
2010 2011 2012 2013
Electricity consumption KWh 553,223 553,223 553,223 553,223
Average price/kWh 1.05 1.08 1.11 1.14
Increase 3.0% 3.0% 3.0% 3.0%
Electricity expense 578,335 595,685 613,556 631,962
Maintenance exp. 122,959 126,647 130,447 475,746
Increase -70% 3% 3% 265%
Investments - - - -
USES OF FUNDS 701,294 722,333 744,003 1,107,709
Loan amount from NIB 3,127,487 2,345,615 1,563,743 781,872
Contract fee 0.5%
Loan interest rate from NIB 3.80% 3.80% 3.80% 3.80%
Interest Payment to NIB 103,989 74,278 44,567 14,856
Principal Repayment to NIB 781,872 781,872 781,872 781,872
Municipal budget (maint. + electricity) 701,294 722,333 744,003 1,107,709
SOURCES OF FUNDS 701,294 722,333 744,003 1,107,709
Total payment from municipal budget* 1,587,154 1,578,482 1,570,441 1,904,436
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee
4.2.3. 50% LOAN, 50% ESCO
2010 2011 2012 2013
Electricity consumption KWh 553,223 553,223 553,223 553,223
Average price/kWh 1.05 1.08 1.11 1.14
Increase 3.0% 3.0% 3.0% 3.0%
Electricity expense 578,335 595,685 613,556 631,962
Maintenance exp. 122,959 126,647 130,447 475,746
Increase -70% 3% 3% 265%
Investments - - - -
USES OF FUNDS 701,294 722,333 744,003 1,107,709
Loan amount from NIB 1,563,743 1,172,808 781,872 390,936
Contract fee 0.5% - - - -
Loan interest rate from NIB 3.8% 3.8% 3.8% 3.8%
Interest Payment to NIB 103,989 74,278 44,567 14,856
Principal Repayment to NIB 390,936 390,936 390,936 390,936
ESCO financing 1,325,206 993,905 662,603 331,302
Required return on investment 13.0% 13.0% 13.0% 13.0%
Interest payment of ESCO with VAT 177,876 127,054 76,232 25,411
Principal Repayment of ESCO with VAT 390,936 390,936 390,936 390,936
Municipal budget (maint. + electricity) 701,294 722,333 744,003 1,107,709
SOURCES OF FUNDS 701,294 722,333 744,003 1,107,709
Total payment from municipal budget* 1,765,030 1,705,536 1,646,673 1,929,847
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee, ESCO payment
4.2.4. Implication on Municipal Budget
Payment from municipal budget
50% ESCO, 50% GRANT 15,145,202
50% LOAN, 50%ESCO 16,877,048
100% Loan
I phase (50% loan, 50% ESCO), II
phase (50% grant, 50% loan)
4.3.1. 50% ESCO, 50% GRANT
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Electricity consumption KWh 986,342 883,865 866,088 952,700 752,961 553,223 553,223 553,223 553,223 553,223
Average price/kWh 0.81 0.81 0.82 0.85 0.88 0.90 0.93 0.96 0.99 1.01
Increase 0% 1% 1% 4% 3% 3% 3% 3% 3% 3%
Electricity expense 798,627 720,000 710,047 809,795 659,218 498,877 513,843 529,258 545,136 561,490
Maintenance exp. 317,184 236,512 251,849 308,004 96,400 106,065 109,247 112,525 115,900 410,383
Increase 0.0% -25.4% 6.5% 22.3% -68.7% 10.0% 3.0% 3.0% 3.0% 254.1%
Investments 218,000 47,207 382,451 370,181 4,838,563
USES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 5,594,181 604,942 623,090 641,783 661,037 971,873
ESCO financing - - - - 2,619,039 2,357,135 2,095,231 1,833,327 1,571,423 1,309,519
Required return on investment - - - - 13.0% 13.0% 13.0% 13.0% 13.0% 13.0%
Interest payment to ESCO with VAT - - - - 381,673 341,496 301,320 261,144 220,968 180,792
Principal Repayment to ESCO with VAT - - - - 309,047 309,047 309,047 309,047 309,047 309,047
Municipal budget (maint. + electricity) 1,333,811 1,003,719 1,344,347 1,487,980 755,618 604,942 623,090 641,783 661,037 971,873
Grant from EU - - - - 2,219,524 - - - - -
SOURCES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 5,594,181 604,942 623,090 641,783 661,037 971,873
Total payment from municipal budget* 1,333,811 1,003,719 1,344,347 1,487,980 1,446,337 1,255,485 1,233,457 1,211,974 1,191,052 1,461,712
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee, ESCO payments
4.3.2. 100% LOAN
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Electricity consumption KWh 986,342 883,865 866,088 952,700 752,961 553,223 553,223 553,223 553,223 553,223
Average price/kWh 0.81 0.81 0.82 0.85 0.88 0.90 0.93 0.96 0.99 1.01
Increase 0 0.6% 0.6% 3.7% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Electricity expense 798,627 720,000 710,047 809,795 659,218 498,877 513,843 529,258 545,136 561,490
Maintenance exp. 317,184 236,512 251,849 308,004 96,400 106,065 109,247 112,525 115,900 410,383
Increase 0% -25% 6% 22% -69% 10% 3% 3% 3% 254%
Investments 218,000 47,207 382,451 370,181 5,238,078 - - - - -
USES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 5,993,695 604,942 623,090 641,783 661,037 971,873
Loan amount from NIB 5,238,078 4,714,270 4,190,462 3,666,654 3,142,847 2,619,039
Contract fee 0.5% 26,190
Loan interest rate from NIB 3.80% 3.80% 3.80% 3.80% 3.80% 3.80%
Interest Payment to NIB 189,095 169,190 149,285 129,381 109,476 89,571
Principal Repayment to NIB 523,808 523,808 523,808 523,808 523,808 523,808
Municipal budget (maint. + electricity) 1,333,811 1,003,719 1,344,347 1,487,980 755,618 604,942 623,090 641,783 661,037 971,873
SOURCES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 5,993,695 604,942 623,090 641,783 661,037 971,873
Total payment from municipal budget* 1,333,811 1,003,719 1,344,347 1,487,980 1,494,710 1,297,940 1,296,183 1,294,971 1,294,320 1,585,252
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee
4.3.3. 50% LOAN, 50% ESCO
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Electricity consumption KWh 986,342 883,865 866,088 952,700 752,961 553,223 553,223 553,223 553,223 553,223
Average price/kWh 0.81 0.81 0.82 0.85 0.88 0.90 0.93 0.96 0.99 1.01
Increase 0.0% 0.6% 0.6% 3.7% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Electricity expense 798,627 720,000 710,047 809,795 659,218 498,877 513,843 529,258 545,136 561,490
Maintenance exp. 317,184 236,512 251,849 308,004 96,400 106,065 109,247 112,525 115,900 410,383
Increase 0% -25% 6% 22% -69% 10% 3% 3% 3% 254%
Investments 218,000 47,207 382,451 370,181 4,838,563 - - - - -
USES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 5,594,181 604,942 623,090 641,783 661,037 971,873
Loan amount from NIB - - - - 2,619,039 2,357,135 2,095,231 1,833,327 1,571,423 1,309,519
Contract fee 0.5% - - - - 13,095 - - - - -
Loan interest rate from NIB - - - - 3.8% 3.8% 3.8% 3.8% 3.8% 3.8%
Interest Payment to NIB - - - - 94,547 169,190 149,285 129,381 109,476 89,571
Principal Repayment to NIB - - - - 261,904 261,904 261,904 261,904 261,904 261,904
ESCO financing - - - - 2,219,524 1,997,572 1,775,620 1,553,667 1,331,715 1,109,762
Required return on investment - - - - 13.0% 13.0% 13.0% 13.0% 13.0% 13.0%
Interest payment of ESCO with VAT - - - - 323,451 289,404 255,356 221,309 187,261 153,214
Principal Repayment of ESCO with VAT - - - - 261,904 261,904 261,904 261,904 261,904 261,904
Municipal budget (maint. + electricity) 1,333,811 1,003,719 1,344,347 1,487,980 755,618 604,942 623,090 641,783 661,037 971,873
SOURCES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 5,594,181 604,942 623,090 641,783 661,037 971,873
Total payment from municipal budget* 1,333,811 1,003,719 1,344,347 1,487,980 1,710,519 1,587,344 1,551,540 1,516,280 1,481,581 1,738,466
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee, ESCO payments
4.3.4. Implication on Municipal Budget
Payment from municipal budget 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
50% ESCO, 50% GRANT 1,446,337 1,255,485 1,233,457 1,211,974 1,191,052 1,461,712 1,150,957 1,131,819 1,113,313 1,436,843
50% LOAN, 50%ESCO 1,494,710 1,297,940 1,296,183 1,294,971 1,294,320 1,585,252 1,294,768 1,295,902 1,297,667 1,641,469
100% Loan 1,710,519 1,587,344 1,551,540 1,516,280 1,481,581 1,738,466 1,413,934 1,381,021 1,348,739 1,658,493
4.3.1. 50% ESCO, 50% GRANT
2010 2011 2012 2013
Electricity consumption KWh 553,223 553,223 553,223 553,223
Average price/kWh 1.05 1.08 1.11 1.14
Increase 3% 3% 3% 3%
Electricity expense 578,335 595,685 613,556 631,962
Maintenance exp. 122,959 126,647 130,447 475,746
Increase -70.0% 3.0% 3.0% 264.7%
Investments
USES OF FUNDS 701,294 722,333 744,003 1,107,709
ESCO financing 1,047,616 785,712 523,808 261,904
Required return on investment 13.0% 13.0% 13.0% 13.0%
Interest payment to ESCO with VAT 140,616 100,440 60,264 20,088
Principal Repayment to ESCO with VAT 309,047 309,047 309,047 309,047
Municipal budget (maint. + electricity) 701,294 722,333 744,003 1,107,709
Grant from EU - - - -
SOURCES OF FUNDS 701,294 722,333 744,003 1,107,709
Total payment from municipal budget* 1,150,957 1,131,819 1,113,313 1,436,843
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee, ESCO payments
4.3.2. 100% LOAN
2010 2011 2012 2013
Electricity consumption KWh 553,223 553,223 553,223 553,223
Average price/kWh 1.05 1.08 1.11 1.14
Increase 3.0% 3.0% 3.0% 3.0%
Electricity expense 578,335 595,685 613,556 631,962
Maintenance exp. 122,959 126,647 130,447 475,746
Increase -70% 3% 3% 265%
Investments - - - -
USES OF FUNDS 701,294 722,333 744,003 1,107,709
Loan amount from NIB 2,095,231 1,571,423 1,047,616 523,808
Contract fee 0.5%
Loan interest rate from NIB 3.80% 3.80% 3.80% 3.80%
Interest Payment to NIB 69,666 49,762 29,857 9,952
Principal Repayment to NIB 523,808 523,808 523,808 523,808
Municipal budget (maint. + electricity) 701,294 722,333 744,003 1,107,709
SOURCES OF FUNDS 701,294 722,333 744,003 1,107,709
Total payment from municipal budget* 1,294,768 1,295,902 1,297,667 1,641,469
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee
4.3.3. 50% LOAN, 50% ESCO
2010 2011 2012 2013
Electricity consumption KWh 553,223 553,223 553,223 553,223
Average price/kWh 1.05 1.08 1.11 1.14
Increase 3.0% 3.0% 3.0% 3.0%
Electricity expense 578,335 595,685 613,556 631,962
Maintenance exp. 122,959 126,647 130,447 475,746
Increase -70% 3% 3% 265%
Investments - - - -
USES OF FUNDS 701,294 722,333 744,003 1,107,709
Loan amount from NIB 1,047,616 785,712 523,808 261,904
Contract fee 0.5% - - - -
Loan interest rate from NIB 3.8% 3.8% 3.8% 3.8%
Interest Payment to NIB 69,666 49,762 29,857 9,952
Principal Repayment to NIB 261,904 261,904 261,904 261,904
ESCO financing 887,810 665,857 443,905 221,952
Required return on investment 13.0% 13.0% 13.0% 13.0%
Interest payment of ESCO with VAT 119,166 85,119 51,071 17,024
Principal Repayment of ESCO with VAT 261,904 261,904 261,904 261,904
Municipal budget (maint. + electricity) 701,294 722,333 744,003 1,107,709
SOURCES OF FUNDS 701,294 722,333 744,003 1,107,709
Total payment from municipal budget* 1,413,934 1,381,021 1,348,739 1,658,493
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fee, ESCO payments
4.3.4. Implication on Municipal Budget
Payment from municipal budget
50% ESCO, 50% GRANT
50% LOAN, 50%ESCO
100% Loan
4.4.3. The first phase investment (50% loan, 50% ESCO), the second phase investment (50% GRANT and 50% Loan)
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Electricity consumption KWh 986,342 883,865 866,088 952,700 752,961 540,288 540,288 553,223 553,223 553,223
Average price/kWh 0.81 0.81 0.82 0.85 0.88 0.90 0.93 0.96 0.99 1.01
Increase 0.6% 0.6% 3.7% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Electricity expense 798,627 720,000 710,047 809,795 659,218 487,213 501,829 529,258 545,136 561,490
Maintenance exp. 317,184 236,512 251,849 308,004 110,860 121,975 125,634 112,525 115,900 410,383
Increase -25.4% 6.5% 22.3% -64.0% 10.0% 3.0% -10.4% 3.0% 254.1%
Investments 218,000 47,207 382,451 370,181 3,680,565 3,961,743
USES OF FUNDS 1,333,811 1,003,719 1,344,347 1,487,980 4,450,643 609,188 4,589,207 641,783 661,037 971,873
Payment from the budget
Loan amount from NIB 2,011,733 1,810,559 1,609,386 1,408,213 1,207,040 1,005,866
Contract fee 10,059
Loan interest rate from NIB 3.80% 3.80% 3.80% 3.80% 3.80% 3.80%
Interest Payment to NIB 72,624 64,979 57,334 49,690 42,045 34,401
Principal Repayment to NIB 201,173 201,173 201,173 201,173 201,173 201,173
ESCO financing 1,668,833 1,501,949 1,335,066 1,168,183 1,001,300 834,416
Required return on investment 13.0% 13.0% 13.0% 13.0% 13.0% 13.0%
Interest payment of ESCO with VAT 243,199 217,599 191,999 166,399 140,799 115,200
Principal Repayment of ESCO with VAT 196,922 196,922 196,922 196,922 196,922 196,922
Municipal budget (maint. + electricity) 1,115,811 956,512 961,896 1,117,799 770,078 609,188 627,464 641,783 661,037 971,873
Loan - - 2,283,038 1,997,659 1,712,279 1,426,899
Contract fee 11,415
Loan interest rate 3.80% 3.80% 3.80% 3.80% 3.80% 3.80%
Interest payment 43,378 81,333 70,489 59,644 48,800
Principal payment 285,380 285,380 285,380 285,380
Grant 1,678,705
SOURCES OF FUNDS 1,115,811 956,512 961,896 1,117,799 4,450,643 609,188 4,589,207 641,783 661,037 971,873
Total payment from municipal budget 1,333,811 1,003,719 1,344,347 1,487,980 1,494,054 1,289,861 1,653,021 1,611,836 1,587,001 1,853,749
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fees, ESCO payments
4.4.3. The first phase investment (50% loan, 50% ESCO), the second phase investment (50% GRANT and 50% Loan)
2010 2011 2012 2013
Electricity consumption KWh 553,223 553,223 553,223 553,223
Average price/kWh 1.05 1.08 1.11 1.14
Increase 3.0% 3.0% 3.0% 3.0%
Electricity expense 578,335 595,685 613,556 631,962
Maintenance exp. 122,959 126,647 130,447 475,746
Increase -70.0% 3.0% 3.0% 264.7%
Investments
USES OF FUNDS 701,294 722,333 744,003 1,107,709
Payment from the budget
Loan amount from NIB 804,693 603,520 402,347 201,173
Contract fee
Loan interest rate from NIB 3.80% 3.80% 3.80% 3.80%
Interest Payment to NIB 26,756 19,111 11,467 3,822
Principal Repayment to NIB 201,173 201,173 201,173 201,173
ESCO financing 667,533 500,650 333,767 166,883
Required return on investment 13.0% 13.0% 13.0% 13.0%
Interest payment of ESCO with VAT 89,600 64,000 38,400 12,800
Principal Repayment of ESCO with VAT 196,922 196,922 196,922 196,922
Municipal budget (maint. + electricity) 701,294 722,333 744,003 1,107,709
Loan 1,141,519 856,139 570,760 285,380
Contract fee
Loan interest rate 3.80% 3.80% 3.80% 3.80%
Interest payment 37,956 27,111 16,267 5,422
Principal payment 285,380 285,380 285,380 285,380
Grant
SOURCES OF FUNDS 701,294 722,333 744,003 1,107,709
Total payment from municipal budget 1,539,080 1,516,030 1,493,611 1,813,228
* incl. electricity, operation and maintenance, interest payment, principal repayment, contract fees, ESCO payments
