RESIDENTS AND BUSINESSES TO RECEIVE CARBON-FREE ELECTRICITY AT COMPETITIVE RATES FROM NEW CLEAN ELECTRICITY PROVIDER
The Milpitas City Council voted unanimously in November 2017 to join Silicon Valley Clean Energy (SVCE), a community-owned agency that provides carbon-free electricity to residential and commercial customers for a majority of Santa Clara County communities. As a public agency, net revenues are returned to the community to keep rates competitive and provide clean energy programs that result in large meaningful greenhouse gas reductions for the community.
SVCE is a Community Choice Energy agency and works in partnership with PG&E. SVCE buys clean electricity direct from the source—encouraging the kind of market growth and competition that results in more renewable energy sources and lower energy generation rates. PG&E delivers electricity over existing power lines, and continues to maintain the lines and provide customer service as they always have. Your bill continues to come from PG&E, with SVCE generation charges replacing those from PG&E.
The City of Milpitas will join the current SVCE member communities of Campbell, Cupertino, Gilroy, Los Altos, Los Altos Hills, Los Gatos, Monte Sereno, Morgan Hill, Mountain View, Saratoga, Sunnyvale and unincorporated Santa Clara County. The official launch date for enrollment is scheduled to occur between mid to late 2018. More information about Silicon Valley Clean Energy can be found by visiting https://www.svcleanenergy.org/
CLEAN-ENERGY FINANCING SET TO EXPAND IN MILPITAS
The Milpitas City Council voted unanimously in November 2017 to expand the number of Property Assessed Clean Energy (PACE) programs in the City of Milpitas. PACE programs enable Milpitas property owners to finance a wide range of energy and water efficiency upgrades by attaching the financing to their property tax bill. Typical upgrades include solar installations, attic insulation, energy efficient windows, water-on-demand water heaters, grey water systems, roofing, plumbing, and more.
The City of Milpitas is neither the sponsor nor the provider of PACE loan programs in Milpitas. The decision to enter into a PACE loan is a significant financial decision that should only be made after reading the PACE loan documents so that you understand your obligations. You may also wish to seek professional advice from an attorney or tax adviser before entering into a PACE loan. In the event that you default on repaying a PACE loan, the PACE loan provider can foreclose on your property. The City of Milpitas does not endorse any of the PACE programs authorized to conduct business in Milpitas.