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. 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 AVG Rates as of 1/01/18 ($/kwh)	PG&E Average Total Rate as of 3/01/18 ($/kwh) **†	SVP Lower ($/kwh)	SVP Lower (%)	PGE Higher ($/kwh)	PGE Higher (%)
Residential	D-1 $ 0.119	E-1 $0.229	$0.110	48%	$ 0.110	92%
Small Commercial	C-1 $ 0.179	A-1 $ 0.238	$ 0.059	25%	$ 0.059	33%
Large Commercial	CB-1 $ 0.130	A-10S $ 0.213	$ 0.083	39%	$ 0.083	64%
Small Industrial	CB-1 $ 0.130	E-19S $ 0.186	$ 0.056	30%	$ 0.056	43%
Large Industrial	CB-3 $ 0.118	E-20P $ 0.159	$ 0.041	26%	$ 0.041	35%
* Average rates based on estimated forecasts, including surcharges. Average rates are provided for general reference, and individual customer's average rate will depend on its 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 March 1, 2018 to Present

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