CCA money · City
San Jose
Member of San José Clean Energy since 2019-02 — source.
All San Jose City Council meetings.
Read from the councils' own documents — check the source. Each figure was copied from a staff report, budget, financial statement or set of minutes, by a person or by a language model whose quote had to be found word for word in the document. Every figure links to the passage it came from; the city's original file is the official record. Updated 2026-10-20.
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Studying, joining or starting a CCA
| Date | CCA | Kind | Figure | What it is | Source |
|---|---|---|---|---|---|
| 2026-06-23 | San José Clean Energy | Joining | $650,000 a year · city pays · estimate / proposal | Council is asked to authorize the Energy Department to pay San José's share of California Community Power JPA operating costs, up to $650,000, for FY 2026-2027. | passage · city original |
| 2025-06-03 | San José Clean Energy | Joining | $410,000 a year · city pays · estimate / proposal | San José estimates it will pay about $410,000 as its share of California Community Power's budgeted costs for FY 2025-26, capped at $600,000, subject to appropriation. | passage · city original |
| 2023-04-11 | San José Clean Energy | Study / start-up | $23,306.00 city pays · approved / budgeted | City pays its auditor up to $23,306 in one-time start-up costs for FY ending June 2020 audits of Measure T Bond Fund and San José Clean Energy Fund; most goes to Clean Energy audits. | passage · city original |
| 2023-04-11 | San José Clean Energy | Study / start-up | $13,492.00 city pays · estimate / proposal | City would pay its auditor a one-time start-up cost of $13,492 for the San José Clean Energy Fund audit for fiscal year ending June 30, 2020. | passage · city original |
| 2023-04-11 | San José Clean Energy | Study / start-up | $9,074.44 city pays · estimate / proposal | City would pay its auditor an extra $9,074.44 in FY2023 for expanded San Jose Clean Energy Agreed Upon Procedures work, under a draft audit agreement amendment. | passage · city original |
| 2022-06-07 | San José Clean Energy | Joining | $600,000 a year · city pays · approved / budgeted | Council authorized San José's Community Energy Department to continue annual California Community Choice Association membership for FY 2022-2023, costing up to $600,000. | passage · city original |
The city's own electricity
| Date | CCA | Figure | What it is | Source |
|---|---|---|---|---|
| 2022-06-06 | San José Clean Energy | $980,000 a year · city pays more · estimate / proposal | Switching all City operations electricity accounts to SJCE's TotalGreen service is estimated to cost the city about $980,000 more each fiscal year, including the Airport. product: TotalGreen | passage · city original |
Loans, collateral and repayments
| Date | CCA | Kind | Figure | What it is | Source |
|---|---|---|---|---|---|
| 2025-12-09 | San José Clean Energy | Collateral | $625,000,000 city backs · actual / audited | Total authorized amount across the city's variable rate credit programs, including a $175 million San José Clean Energy letter of credit; $87.8 million outstanding as of June 30, 2025. | passage · city original |
| 2025-12-09 | San José Clean Energy | Collateral | $375 million city backs · actual / audited | As of June 30, 2025, San José's SOFR-based borrowing exposure totals $375 million, including a $175 million revolving credit facility for SJCE and $200 million for the wastewater facility. | passage · city original |
| 2025-12-09 | San José Clean Energy | Collateral | $1,953,614 city backs · actual / audited | As of June 30, 2025, $1,953,614 was outstanding on a $175 million JP Morgan letter of credit facility backing San José Clean Energy power provider contracts, expiring 2/17/2028.» | passage · city original |
| 2025-12-02 | San José Clean Energy | Collateral | $25 million city backs · actual / audited | In April 2025 the City cut the JPMorgan standby letter of credit facility (two years or less) securing SJCE power purchase obligations from $100 million to $25 million. | passage · city original |
| 2024-02-07 | San José Clean Energy | Loan / transfer to CCA | $90m city pays · actual / audited | The City extended $90 million of credit to San José Clean Energy in 2021, which was followed by a $47 million loss; later earnings paid off almost all debt. | passage · city original |
| 2023-06-20 | San José Clean Energy | Collateral | $175 million city backs · approved / budgeted | On August 31, 2021 the City authorized raising the commercial paper program cap from $125 million to $175 million, with letter of credit support; part funds San José Clean Energy costs. | passage · city original |
| 2023-06-14 | San José Clean Energy | Loan / advance | $75,000,000 city backs · estimate / proposal | Council proposes reducing the Financing Authority's lease revenue commercial paper authorization for San José Clean Energy power purchases and operating costs to a maximum of $75 million. | passage · city original |
| 2022-12-13 | San José Clean Energy | Collateral | $35,000,000 city backs · actual / audited | In November 2018 San José entered a Barclays credit agreement supporting San José Clean Energy, including a $35 million standby letter of credit facility, later amended to $65 million. | passage · city original |
| 2022-12-13 | San José Clean Energy | Collateral | $10 million to date · city backs · actual / audited | San José Clean Energy has used about $10 million of the city's Barclays standby letter of credit facility (up to $65 million) for collateral, as of December 2022. | passage · city original |
| 2022-12-06 | San José Clean Energy | Collateral | $615 million city backs · actual / audited | As of June 30, 2022, San Jose has about $615 million in letters of credit securing commercial paper programs and credit facilities, including one for San José Clean Energy. | passage · city original |
| 2022-12-06 | San José Clean Energy | Collateral | $250 million city backs · estimate / proposal | City sought up to $250 million in revolving credit and standby letter of credit facilities supporting San José Clean Energy operations; JPMorgan Chase recommended, contract negotiations pending as of November 2022. | passage · city original |
| 2022-12-06 | San José Clean Energy | Loan / advance | $66.95 million city backs · actual / audited | As of June 30, 2022, $66.95 million of City financing authority taxable commercial paper notes were outstanding, issued partly to finance San José Clean Energy costs and operations. | passage · city original |
| 2022-12-06 | San José Clean Energy | Collateral | $65.0 million city backs · actual / audited | As of June 30, 2022, the City's standby letter of credit facility for San José Clean Energy had a $65 million sublimit, with $27.644 million committed and $37.356 million remaining. | passage · city original |
| 2022-12-06 | San José Clean Energy | Collateral | $50,000,000 city backs · approved / budgeted | City Council authorized in 2018 a Barclays revolving credit agreement up to $50 million, borrowed by the City to finance San José Clean Energy start-up costs, power purchases and letters of credit. | passage · city original |
| 2022-12-06 | San José Clean Energy | Collateral | $37.4 million city backs · actual / audited | As of June 30, 2022, about $37.356 million remained available under the standby letter of credit facility the City backs for SJCE collateral calls; the marked figure is truncated ($3 7,356 thousand). | passage · city original |
| 2022-12-06 | San José Clean Energy | Collateral | $20,000,000 city backs · actual / audited | Under its credit agreement with the Bank, the City must keep $20 million in the SJCE Operating Reserve Account at all times since June 24, 2021, and has complied. | passage · city original |
| 2022-06-16 | San José Clean Energy | Loan / transfer to CCA | $15.0 million city pays · approved / budgeted | City Council allocated $15.0 million of Commercial Paper note authorization in 2020-2021 to cover San José Clean Energy's projected cash flow shortage. | passage · city original |
| 2022-03-29 | San José Clean Energy | Loan / transfer to CCA | $100 million to date · city pays · approved / budgeted | A June 2021 amendment to the Barclays credit agreement lets San José lend commercial paper proceeds to SJCE up to $100 million, raised from $10 million. | passage · city original |
| 2022-03-29 | San José Clean Energy | Loan / advance | $95 million city backs · approved / budgeted | City Council and Authority approved up to $95 million in lease revenue commercial paper notes in June 2021 to finance SJCE power purchases and operating costs; $60 million issued by Feb 2022. | passage · city original |
| 2022-03-29 | San José Clean Energy | Collateral | $80,000 city backs · approved / budgeted | Barclays credit agreement with the City caps combined revolving loans and standby letters of credit for San José Community Energy at $80 million outstanding at any time, secured by SJCE revenues. | passage · city original |
| 2022-03-29 | San José Clean Energy | Loan / transfer to CCA | $ 60.0 million to date · city pays · actual / audited | As of Feb 28, 2022, $60.0 million of City-backed lease revenue commercial paper was issued to fund SJCE power purchases and operating costs, to be repaid from SJCE revenues. | passage · city original |
| 2022-03-29 | San José Clean Energy | Collateral | $30,000,000 city backs · approved / budgeted | Barclays committed up to $30 million in revolving loans to the City to finance SJCE start-up and power purchase costs, secured by SJCE revenues; facility expired November 2021. | passage · city original |
| 2022-03-08 | San José Clean Energy | Collateral | 25% city backs · estimate / proposal | Under the CC Power long-duration storage contracts, each participating CCA, including SJCE, would absorb up to 25% extra share of costs if other CCAs default. | passage · city original |
Money back to the city
| Date | CCA | Kind | Figure | What it is | Source |
|---|---|---|---|---|---|
| 2026-06-02 | San José Clean Energy | Overhead / staff | 24% city pays · estimate / proposal | Proposed collection fee for delinquent San José Clean Energy closed-account charges would range from 24% up to 30%, paid to Collection Bureau of America, a collection contractor. | passage · city original |
Grants and projects paid by the CCA
| Date | CCA | Figure | What it is | Source |
|---|---|---|---|---|
| 2025-06-17 | San José Clean Energy | $400,063 over several years · city receives · approved / budgeted | Federal Energy Efficiency and Conservation Block Grant balance of $400,063 is budgeted in the San José Clean Energy Operating Fund, part of an $834,110 grant running through January 2026. | passage · city original |
| 2025-05-13 | San José Clean Energy | $900,000 over several years · city receives · estimate / proposal | Calpine CE would give San Jose Clean Energy a $900,000 billing credit over 36 monthly installments of $25,000 to settle the underbilling, credited to SJCE's Designated Fund. | passage · city original |
| 2025-04-29 | Silicon Valley Clean Energy | $12 million city receives · approved / budgeted | Federal grant of $12 million awarded jointly to San Jose and Silicon Valley Clean Energy in January 2025 for EV charging ports; release is uncertain. | passage · city original |
| 2025-01-14 | Silicon Valley Clean Energy | $6 million city receives · actual / audited | San Jose's Clean Energy Department, with Silicon Valley Clean Energy, was awarded $6 million of a $12 million federal grant for EV charging ports, including at city-owned sites. | passage · city original |
| 2022-04-04 | San José Clean Energy | $1.7 million a year · city receives · estimate / proposal | If the CPUC approves the Elect to Administer application, $1.7 million of grant funding per year for three years would go to the San José Clean Energy Fund. | passage · city original |
| 2022-01-11 | San José Clean Energy | $4,348,501 city receives · approved / budgeted | State CAPP program allocates $4,348,501 to the City for San José Clean Energy customer arrearages, to be passed to customers as bill credits; council authorizes accepting the grant.-ish | passage · city original |
Leaving or a failed CCA
| Date | CCA | Figure | What it is | Source |
|---|---|---|---|---|
| 2022-03-29 | San José Clean Energy | $6.8 million city pays · actual / audited | The City paid a $6.8 million CPUC citation for San José Clean Energy's failure to procure enough Resource Adequacy capacity for 2019. | passage · city original |
| 2022-03-29 | San José Clean Energy | $1.1 million city pays · actual / audited | The City paid a $1.1 million CPUC citation for San José Clean Energy's failure to procure enough resource adequacy for the 2020 year-ahead requirement. | passage · city original |
| 2022-03-29 | San José Clean Energy | $758,000 city pays · actual / audited | The City of San José paid a CPUC citation of $758,000 for San José Clean Energy's failure to procure enough month-ahead resource adequacy for 2021. | passage · city original |