Silicon Valley Clean Energy

What Silicon Valley Clean Energy does

Silicon Valley Clean Energy Authority (SVCE) is a public, not-for-profit Community Choice Aggregation agency and Joint Powers Authority formed in 2016, commencing operations in 2018 across 13 Silicon Valley communities in Santa Clara County—Campbell, Cupertino, Gilroy, Los Altos, Los Altos Hills, Los Gatos, Milpitas, Monte Sereno, Morgan Hill, Mountain View, Saratoga, Sunnyvale, and unincorporated Santa Clara County. The agency procures clean electricity from wind, solar, hydro, geothermal, and storage resources under 20 long-term power purchase agreements valued at over $3.6 billion, then delivers it to 280,000 residential and business customers over PG&E's existing poles-and-wires infrastructure, with customers receiving a single combined bill from PG&E that separates SVCE generation charges from PG&E delivery charges. Eligible customers are auto-enrolled, yielding a 96% participation rate, and the agency offers GreenPrime (100% renewable add-on), an eHub digital platform for rebate management, the GridShift EV charging app, and rebate programs covering heat pump HVAC, heat pump water heaters, induction cooking, EV charging infrastructure, rooftop solar, and E-ELEC electrification discount rates. Revenue is generated through electricity sales and augmented by prepay bond structures issued through the California Community Choice Financing Authority (CCCFA), which have produced 10-13% discounts on renewable project costs and over $14M in combined annual savings passed to customers via rate stability.

Name

Silicon Valley Clean Energy

Legal name

Silicon Valley Clean Energy Authority

Website

https://svcleanenergy.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Silicon Valley Clean Energy is a not-for-profit Community Choice Aggregation agency serving 280,000 residential and business customers across 13 Silicon Valley communities, procuring clean electricity under long-term PPAs and delivering it over PG&E infrastructure.

Ownership category

akta.pro rank

Product category

Community Choice Aggregation Clean Electricity Retail

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Solar Electric Power Generation (221114), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911)

akta.pro primary industry

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

akta.pro secondary industries

Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), EV Charging as DER (Managed Charging, V2G/V2B) (EUAMAJAL), Resilience & Backup Power Solutions (Critical Facilities, Islanding) (EUAMAJAK)

Keywords

• Community choice aggregation
• Clean electricity supply
• Renewable energy procurement
• Building electrification rebates
• Residential energy services

Headquarters

HQ city

Sunnyvale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Electricity Sales: SVCE generates revenue through electricity sales to 280,000 residential and business customers across 13 Silicon Valley communities. As a not-for-profit agency, revenues are used to provide clean electricity at competitive rates, fund operational costs, and reinvest in community programs.
2. Clean Energy Project Bonds: Through California Community Choice Financing Authority (CCCFA), SVCE issues prepayment bonds to reduce cost of power purchases, achieving 10-13% discounts on renewable energy projects. Combined annual savings total more than $14M passed to customers through rate stability.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Silicon Valley Clean Energy is a public, not-for-profit Community Choice Aggregation agency that procures and supplies clean electricity from wind, solar, hydro, and other carbon-free sources to 280,000 residential and business customers across 13 Silicon Valley communities. Customers are auto-enrolled with opt-out rights and receive a single combined bill from PG&E that separates SVCE generation charges from PG&E delivery charges. SVCE complements its electricity supply with a portfolio of rebates and incentives for home and business electrification, including heat pump HVAC, heat pump water heaters, induction cooking, EV charging, and rooftop solar programs, supported by the eHub digital platform and GridShift EV charging app.

Product overview

Silicon Valley Clean Energy (SVCE) is a not-for-profit community-owned electricity provider offering clean electricity service to 280,000 residential and business customers across 13 Silicon Valley communities. The core product is clean electricity sourced from wind, solar, hydro, and other carbon-free sources. The company operates through its eHub digital platform which serves as the customer-facing hub for all rebate programs and incentives. Key products and services include: GreenPrime (100% renewable energy add-on), various rebate programs (Heat Pump HVAC, Heat Pump Water Heater, Induction Cooking, EV Charging Infrastructure), the GridShift EV charging app, rooftop solar programs under NEM arrangements, and E-ELEC electrification discount rate pilot programs. Rate services are structured across residential (E-TOUC) and commercial tiers (B-1, B10S, B19S).

Differentiator

Problem solved

Functional benefit

Brands

• GreenPrime: A 100% renewable energy product/service offered by SVCE to customers who want their electricity sourced entirely from renewable energy.

Products and services

• Clean Electricity Service Core service providing clean electricity generation sourced from wind, solar, hydro, and other carbon-free resources to 280,000 residential and business customers across 13 Silicon Valley communities. Customers are auto-enrolled under the California Community Choice Aggregation model and receive a single combined bill from PG&E that separates SVCE generation charges from PG&E delivery charges.
• eHub Platform Customer-facing digital platform that provides personalized rebates, incentives, and tips for home and business electrification, EV adoption, and appliance upgrades. eHub simplifies the upgrade to all-electric living by surfacing available incentives for homeowners, renters, future EV drivers, and businesses.
• GreenPrime 100% renewable energy product offering for SVCE customers who want their electricity sourced entirely from renewable energy at competitive rates.
• Heat Pump HVAC Rebates Rebate program for homeowners and property owners upgrading to heat pump HVAC systems, with rebates up to $6,250 including base rebates, income-qualified rebates, and circuit upgrades. Final cost range after rebates: $11,250-$11,750.
• Heat Pump Water Heater Rebates Rebate program for installation of heat pump water heaters, combining SVCE rebates with city and state incentives. Rebates up to $6,950, with final cost ranging from $0 to $4,300 after rebates.
• Induction Cooking Rebates Rebate program providing up to $750 for induction cooktops or ranges and $250 for induction cookware to promote high-efficiency electric cooking and reduce reliance on fossil gas cooking.
• EV Charging Infrastructure Rebates Programs providing funding and rebates for EV charging projects at businesses and public locations, including expanded eligibility for public charging infrastructure at business and public locations.
• GridShift EV Charging App Mobile application enabling customers to find and use clean electricity for EV charging at optimal times, accessing the cleanest and cheapest energy on the grid for EV charging optimization.
• Rooftop Solar Programs Programs supporting customer rooftop solar installation under NEM (Net Energy Metering) arrangements for residential and commercial customers.
• E-ELEC Electrification Rate Programs Pilot programs offering discounted electricity rates to encourage building electrification, including the E-ELEC 1.0 pilot and the E-ELEC 2.0 successor program.

Quantifiable outcome

• 96% customer participation rate across service territory
• +5 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• AvantuscoreStrategic or Co-development Partner · 21 July 2026SVCE has a long-term power purchase agreement with Avantus for the Aratina 1 solar-plus-storage project (200 MW solar, 500 MWh storage) in Kern County, California. The project secured over $500 million in financing and represents SVCE's transition toward independent power producer model.
• Central Coast Community EnergycoreStrategic or Co-development Partner · 21 July 2026Co-buyer with SVCE in the Aratina 1 solar-plus-storage project. Both community choice aggregators share the 200 MW solar and 500 MWh storage capacity under long-term PPAs.
• Ormat TechnologiescoreStrategic or Co-development Partner · 10 March 2026Amended power purchase agreements for 15MW capacity from Casa Diablo-IV geothermal plant in California. Contracts extended by 5 years to 2037 with approximately 27% price increase, part of blend-and-extend strategy.
• California Community Choice Financing Authority (CCCFA)coreStrategic or Co-development Partner · 21 October 2025Joint Powers Agency formed by SVCE and three other CCAs to reduce cost of power purchases through prepayment structure. SVCE issued $950 million in clean energy project revenue bonds. CCCFA was third largest US tax-exempt bond issuer in 2023.
• Pacific Gas and Electric (PG&E)coreChannel Partner/ Reseller/ DistributorPG&E delivers SVCE's clean electricity over their existing poles and wires infrastructure. Customers receive one combined bill from PG&E showing SVCE generation and PG&E delivery charges.
• City of Mountain ViewmajorStrategic or Co-development PartnerCity council approved additional $500,000 in funding for heat pump water heater rebate program, doubling total program budget to $1 million. Program administered by SVCE.
• Silicon Valley Youth Climate ActionminorStrategic or Co-development PartnerCo-hosting annual Youth Climate Summit with SVCE participation. Event features keynote by Senator Josh Becker and climate workshops.
• League of California Cities-Peninsula DivisionminorStrategic or Co-development PartnerCo-hosting Youth Climate Summit with SVCE and other regional organizations for climate education.
• Santa Clara County Office of EducationminorStrategic or Co-development PartnerCo-hosting Youth Climate Summit with SVCE and other regional organizations.
• California Community PowercoreStrategic or Co-development PartnerJoint procurement entity for CCAs. SVCE is a member participating in procurement agreements including Hydrostor's Willow Rock Advanced Compressed Air Energy Storage project (500 MW / 4,000 MWh).

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Marin Clean Energy: California's first Community Choice Aggregator, serving Marin County, Napa County, Contra Costa County, and parts of Solano and Yolo counties. Directly comparable as a CCA with auto-enrollment, similar residential/commercial electrification programs, and access to the same CCCFA bond financing.
• East Bay Community Energy: Bay Area CCA serving Alameda County and portions of Contra Costa, San Joaquin, and Santa Clara counties. Direct geographic neighbor to SVCE with overlapping customer segments, similar procurement strategies, and joint participation in California Community Power.
• Peninsula Clean Energy: San Mateo County CCA serving approximately 290,000 customers with similar auto-enrollment model and clean energy procurement. Adjacent Silicon Valley/Bay Area geography with comparable customer demographics and electrification rebate programs.
• San Jose Clean Energy: CCA serving the City of San Jose and a portion of Santa Clara County with auto-enrollment and renewable energy procurement. Directly comparable community-owned model serving the same Silicon Valley customer base and operating in overlapping territory.
• Sonoma Clean Power: Northern California CCA serving Sonoma and Mendocino counties with auto-enrollment and renewable energy procurement. Comparable CCA structure, similar residential/commercial programs, and co-membership in California Community Power and CCCFA.
• Clean Power Alliance: Largest CCA in California serving approximately 3 million customers across Los Angeles and Ventura counties. Direct CCA peer with auto-enrollment model, similar procurement scale, and joint participation in California Community Power.
• Central Coast Community Energy: Central California CCA co-buyer with SVCE on the Aratina 1 solar-plus-storage project. Direct peer with similar CCA structure, long-term renewable PPAs, and CCCFA participation.
• Redwood Coast Energy Authority: California's first community choice energy program serving Humboldt County. Comparable CCA structure with similar community-owned, not-for-profit model and renewable energy procurement focus.

Broad incumbents

• Pacific Gas and Electric Company: California's largest investor-owned utility serving Northern and Central California. Both incumbent electricity provider and distribution partner for SVCE — PG&E delivers SVCE's electricity over its infrastructure and handles combined billing.
• Sacramento Municipal Utility District: California's largest municipal utility serving Sacramento County with publicly owned generation and distribution. Comparable public-power model with similar clean energy procurement, customer programs, and not-for-profit structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/svcleanenergy
• Facebookfacebook.com/svcleanenergy
• LinkedInlinkedin.com/company/silicon-valley-clean-energy
• Instagraminstagram.com/svcleanenergy

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Silicon Valley Clean Energy