No. PG&E must provide the same rates for all customers in their service area whether or not they receive electricity from Silicon Valley Clean Energy or another third-party energy service provider.
As a public agency, SVCE is governed by a board of directors made up of local elected officials, Silicon Valley Clean Energy is by, of, and for the communities we serve.
Board decisions, discussions and operations are conducted in monthly public meetings to ensure public transparency. To learn more about the public meetings visit svcleanenergy.org/board-meetings.
One elected official from each of our member agencies is appointed to serve on our board, providing local governance and transparency for all major decisions. Meet your local representatives serving on the Board of Directors at: svcleanenergy.org/board.
No. Directors serve on the board as part of their duties as elected officials and do not receive any additional salaries or other payments of benefits.
No. The cities and the county have firewalled their general funds through the formation of a Joint Powers Authority (JPA). The debts and liabilities of the JPA do not extend to the member towns, cities and county. This financial firewall is protected by state law. Silicon Valley Clean Energy is a Joint Powers Authority that functions as a stand-alone public agency, independent of the finances from the city, towns and county within the service area.
Silicon Valley Clean Energy is financed by revenues received from our ratepayers based on the electricity they consume. We are self-funded and do not receive or use any tax dollars. As a not-for-profit community agency, any revenues that exceed our costs are reinvested back to benefit the communities we serve.
No. Silicon Valley Clean Energy is different than other public agencies. We are entirely self-funded by revenues we receive from electricity generation service. None of our expenses are paid by taxes, and our revenues cannot be diverted to pay for non-Silicon Valley Clean Energy uses. We have a small staff, and our overhead costs are low. We keep our prices competitive by negotiating for all of our customers as a group and by the fact that we don’t have to charge extra to generate a profit.