Silicon Valley Power has electric rates that are very competitive with other local utilities. Plus, we're dedicated to supplying clean and reliable energy for the good of our community—and the good of our environment.
Why are Silicon Valley Power rates so low?
The California Public Utilities Commission has been setting “profitable” rates for investor-owned utilities like PG&E. Meanwhile, the City of Santa Clara has its own not-for-profit municipal electric utility, and the elected City Council oversees policy and pricing. Since SVP is not-for-profit, it is able to keep rates lower than the competition without sacrificing quality and availability.
Low rates are not the only reason to choose Silicon Valley Power. SVP also provides electricity that is highly reliable and safe for the environment. The following chart shows a rate comparison between SVP and PG&E. Also, see our power mix
for the ratio of the different types of power that SVP supplies to its customers.
SVP vs. PG&E Average* Rates
|CLASS OF SERVICE
||SVP RATES AS OF 01/01/14 ($/kWh)
||PG&E RATEs AS OF 01/01/14($/kWh)
||SVP LOWER ($/kWh)
||2014 SVP LOWER (%)
||PG&E HIGHER ($/kWh)
||PG&E HIGHER (%)
* Average rates based on estimated forecasts, including surcharges. Average rates are provided for general reference, and individual customer's average rate will depend on it’s applicable kw and kwh.
** This comparison does not factor in the additional user tax charge levied in most PG&E service jurisdictions (typically 5%). Santa Clara customers are not charged these additional fees.
Source: PG&E Rates Effective January 1, 2014 to Present.
Rate Calculator: Calculate how much you can save by locating to the City of Santa Clara.