• Subtitle
New SV Clean Energy
PowerPoint Template
Authorize the Chief Executive Officer to Finalize
Negotiations and Execute Necessary Agreements for
Willow Rock Long Duration Energy Storage with
California Community Power, Participating Community
Choice Aggregators and Hydrostor’s GEM A-CAES LLC
Board of Directors
January 14, 2026
Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY <3/ CLEAN ENERGY
Staff recommends that the Board delegate authority to the Chief Executive Officer (CEO) to finalize negotiations and execute on behalf of Silicon Valley Clean Energy Authority (SVCE) as a member of California Community Power (“CC Power”) the following agreements and any necessary ancillary documents for the Willow Rock Compressed Air Energy Storage Facility for Long Duration Storage (LDS):
1. Project Participation Share Agreement (PPSA) between Silicon Valley Clean Energy Authority, California Community Power and participating community choice aggregators (CCAs) – Attachment 1
2. Resource Adequacy and TB4 Agreement (RA and TB4
Agreement) – Buyer Liability Pass Through Agreement (BLPTA) between Silicon Valley Clean Energy Authority, California Community Power and GEM A-CAES LLC – Attachment 2
And within the following parameters:
• SVCE’s expected share of project 5.7 MW with a maximum incremental step-up quantity of 1.425 MW for a maximum of 7.125 MW;
• Delivery term of 20 years starting at the Commercial Operation Date on or about December 31, 2030 through December 30, 2050; and
• Total lifetime amount not to exceed $37.62 million
Recommendation
2 Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY <3/ CLEAN ENERGY
California Community
Power: CC Power
Joint Powers Agency comprised
of nine California Community
Choice Aggregators (CCAs).
CC Power allows its member
CCAs to combine their buying
power to procure new, cost-effective clean energy and
reliability resources to continue
advancing local and state climate
goals. CC Power members
represent over 2.7 million
customers across 112
municipalities spanning from
Humboldt County to Santa
Barbara County.
3 Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY <3/ CLEAN ENERGY
/^| Community
nVVI Energy CleanPoweiSF
APENINSULA A REDWOOD COAST
CLEAN ENERGY WEnergyAuthority SANJOSE^1^
CLEAN ENERGY
A Program of the Cityof San Jose
SILICON VALLEY
CLEAN ENERGY
Sonoma
Clean Power VALLEY
CLEAN ENERGY
Background and
Timeline
4 • Q4: joint-CCAs issue RFO 2020 for long duration storage • CPUC issues Mid-Term
Reliability (“MTR”) procurement
order
• Requires long duration storage
(8 hour batteries)
2021
• SVCE, jointly at CC Power,
negotiates two ESSAs:
• Goal Line
• Tumbleweed
• CC Power signs agreements
2021-
2022
Item 4
PRESENTATION
Updated 1/12/26
M'SSILICON VALLEY <3/ CLEAN ENERGY
Background and
Timeline (cont.)
5 • CC Power runs solicitation
for resources including
MTR-eligible projects
H2
2024
• SVCE Board approves
agreement with Yellow Pine
III to provide long duration
storage
• Goal Line terminated
H1
2025
• CC Power seeks replacement
resource for members – Hydrostor
Willow Rock
• SVCE participates in discussions
for alternative storage opportunity
H2
2025:
Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY <3/ CLEAN ENERGY
Willow Rock
RA and TB4
Agreement
Key Commercial
Terms
6 • 500 MW Advanced Compressed
Air Energy Storage (A-CAES)
• 8-hour discharge duration
Technology
• Rosamond, Kern County, CA
• Several SVCE projects in areas: Rabbitbrush,
Terra-Gen Wind, Tumbleweed, Aratina
Location
• CC Power: 50 MW, 400 MWh
• SVCE share: 5.7 MW Capacity
• COD: December 2030
• Term: 20 years
• Price: Fixed $/kW-mo., no escalation
Structure
• Resource Adequacy Capacity
• Energy Arbitrage: Top + Bottom
Financial Settlement
Products
• Lithium-ion: ~80%+, degrades
• Compressed air: lower, no
degradation
Round Trip
Efficiency
Item 4
PRESENTATION
Updated 1/12/26
M'SSILICON VALLEY <3/ CLEAN ENERGY
7 7
How Advanced Compressed Air Energy
Storage (A-CAES) Works
Item 4
PRESENTATION
Updated 1/12/26
The Closed Loop A-CAES Process
©
COMPRESSION
Energy powers an air compressor, generating heat in the process. ©
HEAT EXCHANGE
Heat is extracted from the compression process and captured by a thermal management system for reuse.
O
Hydrostor IP*: Adiabatic heat storage improves efficiency and makes the process emissions free
®
AIR STORAGE
Compressed air is pumped underground and stored in a purpose-built, water-filled cavern.
WATER DISPLACEMENT
Compressed air displaces water, forcing it up the shaft to the surface reservoir.
O
Hydrostor IP*: Hydrostatic compensation maintains cavern pressure, improves efficiency, and enables siting flexibility, which minimizes cavern cost and size requirement
©
DISCHARGE
When energy is needed, the water is allowed to flow back down the shaft into the underground cavern, pushing the compressed air back to the surface facility. The compressed air is then reheated from heat stored earlier in the process and expanded through the turbines to generate electricity. ‘Patented, proprietary technology
Willow Rock
RA and TB4
Agreement
Project Location
Rosamond, CA
Kern County
8 Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY
Vi/ CLEAN ENERGY
Willow Rock
RA and TB4
Agreement
Project Benefits
9 • Charge during lowest priced hours
• Discharge during highest priced hours
Provides
Energy
Arbitrage Value
• Resource Adequacy Capacity Enhances Grid
Reliability
• Charge during low emitting hours and
discharge during high emitting hours
Reduces GHG
Emissions
• Meet’s Mid-Term Reliability
Procurement Order requirements
• SVCE expected share: 5.14 MW NQC
MTR Eligible
Item 4
PRESENTATION
Updated 1/12/26
M'SSILICON VALLEY <3/ CLEAN ENERGY
Illustrative Example
Top/Bottom
Structure
Top 4:
50 MW x Hourly Price
Bottom 4:
-50 MW x Hourly Price
10 Hour CAISO Price Price Rank Highest to Lowest BESS Activity BESS MW BESS Arbitrage (Cost)/Revenue 1 $20.00 16 0 $0
2 $22.00 14 0 $0
3 $25.00 11 0 $0
4 $19.00 17 0 $0
5 $21.00 15 0 $0
6 $22.50 13 0 $0
7 $23.00 12 0 $0
8 $26.00 10 0 $0
9 $28.00 9 0 $0
10 $15.00 18 0 $0
11 $13.00 19 0 $0
12 $2.00 23 Charge -50 ($100)
13 $1.00 24 Charge -50 ($50)
14 $5.00 22 Charge -50 ($250)
15 $7.00 21 Charge -50 ($350)
16 $8.00 20 0 $0
17 $30.00 8 0 $0
18 $32.00 7 0 $0
19 $60.00 4 Discharge 50 $3,000
20 $65.00 3 Discharge 50 $3,250
21 $70.00 2 Discharge 50 $3,500
22 $75.00 1 Discharge 50 $3,750
23 $41.00 5 $0
24 $33.00 6 $0
$12,750
Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY <3/ CLEAN ENERGY
SVCE Storage
Portfolio
Over 500 MW
of Lithium-ion
storage in
variety of hour
durations
11 25
339
8 131
0 100 200 300 400
8 hour
4 hour
2.5 hour
1 hour
SVCE Storage Portfolio MW by Duration
All Lithium-ion
Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY <3/ CLEAN ENERGY
Willow Rock
Qualitative
Evaluation
12 Site Control • Full site control
• CEC to recommend
project passes CEQA Permitting
• Project has deliverability
for all 500 MW Interconnection
EPC/Design • Vendors selected
Financing • DOE loan guarantee
Item 4
PRESENTATION
Updated 1/12/26
M'SSILICON VALLEY <3/ CLEAN ENERGY
Willow Rock
Qualitative
Evaluation
SVCE-specific
PPA Project
Selection Policy
13 • Clean, reliable and affordable
energy
• Maximize Regulatory and Market
Value
• Minimize risk through location,
counterparty, tech diversification
and management of development
risk
Contribution
to SVCE’s
Mission
• Project will comply with
Prevailing Wage Requirement
and enter into a Project Labor
Agreement
Workforce
Development
• Emerging tech that has been
deployed elsewhere but not yet
proven in California
• Joint-procurement allows
contracting for share lower
than if procuring solo
Technology
Diversity
Location • Kern County, CA
Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY
CLEAN ENERGY
0 Willow Rock
Qualitative
Evaluation
SVCE-specific
PPA Project
Selection Policy
(cont.)
14 • Limited above ground
impact
• Expected to pass CEQA
Environmental
Stewardship
• Developer has mentioned
commitment to local jobs
and vendors
Community
Engagement
GHG Impact • Project is zero emission
Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY
CLEAN ENERGY
Willow Rock
Contracting
Method
15 • CC Power and Counterparty
• Resource Adequacy and Top Bottom 4
Agreement
• Going to CC Power Board on Jan 21, 2026
RA and
TB4
Agreement
• CC Power and participating member CCAs
• Project Participation Share Agreement
• Outlines how contract administered and shared
• Must be executed within 120 days of RA and
TB4 Agreement execution
PPSA
• Buyer Liability Pass Through Agreement
• If a CCA drops out, other CCAs must step up to
max of 125% of respective original share
BLPTA
Item 4
PRESENTATION
Updated 1/12/26
M'SSILICON VALLEY <3/ CLEAN ENERGY
Willow Rock
Participating
CCAs
16 CCA PPSA
Entitlement
Share
Willow
Rock
Allocation
(MW)
CPSF 23% 11.5
PCE 30% 15
RCEA 6.2% 3.1
SJCE 24% 12
SVCE 11.4% 5.7
VCE 5.4% 2.7
Total 100% 50
•Each Participating CCA will seek
authority to cover entitlement
share plus contingency for 25%
step-up.
•SVCE’s max authority to cover
contingency: 7.125 MW
Item 4
PRESENTATION
Updated 1/12/26
CIpahPov SF PENINSULA siliconvalley Vie< or CLEAN ENERGY CLEAN ENERGY ®
REDWOOD COAST
EnergyAuthority SANJOSE^1^
CLEAN ENERGY
A Program of the Cityof San Jose
VALLEY
CLEAN ENERGY
Willow Rock
Approval
Process
17 January 14, 2026:
• SVCE Board
review &
approval
January 28, 2026:
• CC Power
Board
review &
approval
January – May
2026:
• CC Power & GEM A-CAES LLC execute
agreements
• Participating CCAs
Approve Participation
Agreements
Item 4
PRESENTATION
Updated 1/12/26
M'SSILICON VALLEY <3/ CLEAN ENERGY
Willow Rock
Summary of Key
Items
18 Summary of Opportunity
• SVCE does not need this for long-duration
storage requirement but can help overall MTR
needs
• 25% step-up could result in additional 1.425
MW of capacity not needed for compliance
• Economics of emerging technologies not as
strong as traditional tech
Strategic Value
• Project provides portfolio diversification
• Promote emerging storage technology
• Shared risk with other CCAs
• RA compliance counting for this technology
may outperform lithium-ion
Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY <3/ CLEAN ENERGY
Staff recommends that the Board delegate authority to the Chief Executive Officer (CEO) to finalize negotiations and execute on behalf of Silicon Valley Clean Energy Authority (SVCE) as a member of California Community Power (“CC Power”) the following agreements and any necessary ancillary documents for the Willow Rock Compressed Air Energy Storage Facility for Long Duration Storage (LDS):
1. Project Participation Share Agreement (PPSA) between Silicon Valley Clean Energy Authority, California Community Power and participating community choice aggregators (CCAs) – Attachment 1
2. Resource Adequacy and TB4 Agreement (RA and TB4
Agreement) – Buyer Liability Pass Through Agreement (BLPTA) between Silicon Valley Clean Energy Authority, California Community Power and GEM A-CAES LLC – Attachment 2
And within the following parameters:
• SVCE’s expected share of project 5.7 MW with a maximum incremental step-up quantity of 1.425 MW for a maximum of 7.125 MW;
• Delivery term of 20 years starting at the Commercial Operation Date on or about December 31, 2030 through December 30, 2050; and
• Total lifetime amount not to exceed $37.62 million
Recommendation
19 Item 4
PRESENTATION
Updated 1/12/26
SILICON VALLEY <3/ CLEAN ENERGY
20 Thank you
Item 4
PRESENTATION
Updated 1/12/26
• Subtitle
New SV Clean Energy
PowerPoint Template
EV Program Updates: GridShift
Program Sunset & New EV Rate Pilot
Program
Board of Directors
January 14, 2026
Rebecca Fang, Manager of Data and Analytics
Peter Mustacich, Technical Manager of Decarb Planning & Strategy Item 5
PRESENTATION
2 Discussing two related EV charging items:
1. GridShift: EV Charging Program Sunset (informational)
2. EV Rate Pilot Program (action)
Recommendation: Board adopt the new EV
Rate Pilot Program with a budget of $1.5M.
Item 5
PRESENTATION
3 GridShift: EV Charging Program & ChargeWise Pilot
Free app for customers to optimize EV charging
based on user-defined "ready-by" time
Key Features:
• Save customers $ and reduce emissions by automatically aligning charging with off-peak period & lowest grid emissions • Improve load shifting capabilities via ‘events’
• ChargeWise pilot for smaller cohort to test dynamic price signals for EV charging
Timeline:
• GridShift app launched fall 2020
• ChargeWise pilot launched fall 2024 within GridShift app Item 5
PRESENTATION
Gridshift:
EV Charging
4 GridShift Program
• 2,000+ EVs reached
• 83 EV charger rebates issued
• 251 seasonal events called
• $76/year avg. bill savings per participant
• 248 lbs CO2/year reduced per participant
• Tool to manage res. time-of-use charging
• Summer readiness
• Customer engagement
• SVCE brand awareness
• Satisfaction with automation, events,
access to historical data
• Tested incentive structures, learnings
GridShift Program Accomplishments
Item 5
PRESENTATION
The GridShift app does it on its
own, I can just set it and forget it
GridShift:
EV Charging
Powered by ^energy
and the next thing I know I've got
bonus points that I can use
towards my bill.”
-Sunnyvale Resident
Download on the
W AppStore
5 ChargeWise Pilot
• 250+ EVs reached
• $9/month avg. dynamic rewards per
participant
• Limited cohort size; high interest & enrollment
• Strategic outreach to customers in
disadvantaged communities
• Novel rate design and learnings
• Streamlined rewards process
• Incrementally shifted charging further toward
off-peak, daytime hours
ChargeWise Pilot Accomplishments
Item 5
PRESENTATION
DynamicEV2-A Rate
•
Home - Smart — •Average Electricity Price per kWh
Dynamic TOU-C Rate
9 Home - Smart — - Average Electricity Price per kWh
6 Time-of-Use rates already a strong signal for
charging outside of the peak
• Remaining off-peak load isn’t very large – limiting
financial value to SVCE
• Cost per EV exceeded value per EV for SVCE
Competing OEM and utility managed EV
charging platforms
Promoting daytime charging has more value
to SVCE – app was able to shift some but
not much, due to "ready-by" time
constraints
Findings & Conclusion
Conclusion: Contract and budget ended for GridShift as of 12/31/2025 Item 5
PRESENTATION
Figure 2-5 Annualized Load Shapefor Treatment 1 (Steady State) 7 0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Grid Emissions (MTCO2/hr)
CAISO Grid Emissions EV Charging 7
Key learning: EV customers didn’t have an incentive to shift charging to daytime; do want more rate options.
Current TOU rate structures
have successfully pushed
charging out of peak, to
overnight.
Grid emissions and electricity
costs are lowest during
daytime hours.
Opportunity: introduce a
new rate pilot to better align
TOU signals with emissions
and costs (daytime).
OFF-PEAK (12A – 3P)
1 AM 12 PM 12 AM
PEAK (4-9P)
Item 5
PRESENTATION
$0.00
$0.05
$0.10
$0.15
$0.20
$0.25
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SVCE Generation Rate ($/kWh)
Hour of Day
SVCE EV Rate Pilot vs SVCE EV-2 Rate
SVCE EV-2 Rate SVCE EV Rate Pilot
SVCE EV Rate Pilot – an improved Time-of-Use
structure to incentivize daytime charging.
OFF-PEAK SUPER-OFF-PEAK PART-PEAK PEAK PART-PEAK
1 AM 12 AM
Discourages overnight
“charging as usual” without
being overly punitive to
other energy needs
Strongly incentivizes
load shifting to
cleanest, cheapest
hours, since this
requires change in
action/behavior
Maintains peak
pricing
9 AM 3 PM
Item 5
PRESENTATION
Examples of what the SVCE EV Rate Pilot
Program would look like for customers
(illustrative)
$25/yr $140 - $270/yr
Item 5
PRESENTATION
-$
Meet Sal
• Sal drives an EV
• Signs up for New EV Rate
• Sal makes no changes and
continues to charge only
overnight
$$$$
Meet Leo
•Leo drives an EV
• Signs up for New EV Rate
•Leo charges between 9a-3p
once out of every 4 times
they charge
Meet Jack
• Jack drives an EV
• Signs up for New EV Rate
• Jack charges between
9a-3p at least half the
time he charges
This is an optimal time to add this EV Rate Pilot Program while the E-ELEC 2.0 Rate Pilot Program is being set up.
EV Pilot Rate (proposed today)
• Residential customers
• Must own an EV
• With or w/o solar
E-ELEC 2.0 Pilot Rate (previously
approved, coming Q2 2026)
• Residential customers
• Must own two heat pumps
(both space and water
heating)
• With or w/o solar
• With or w/o EV
Estimated qualifying customers: ~5k
Estimated qualifying customers: ~45k
$3.5M budget; $1M for admin (billing setup, M&V, and
marketing).
+$1.5M budget; $0.2M for additional admin if launched in parallel.
Learning Objectives
• How much charging can be shifted?
• Do other home loads get shifted?
• What price signal is needed to change behavior?
• What level of value does SVCE realize?
• How would we design this rate to be scalable, clear, and still drive action?
Item 5
PRESENTATION
Timeline
Board approves E-ELEC 2.0 Rate Pilot Program with a budget of $3.5M. May 2025
Jan 2026 Seek Board approval to establish SVCE EV Rate Pilot.
E-ELEC 2.0 and SVCE EV Rate Pilot Programs setup: billing system, data management, performance tracking, enrollment process, marketing and communications.
Q1 2026
Launch of E-ELEC 2.0 Rate Pilot Program and EV Rate Pilot Program.
Complete evaluation of GridShift program & ChargeWise Pilot.
Q2 2026
Item 5
PRESENTATION
Recommended Action
Adopt Resolution 2026-03 Approving Establishing the
SVCE EV Rate Pilot Program with a budget of $1.5M.
Staff will return with final pilot rate numbers for approval in Q1 2026, on consent, before the pilot launches.
Item 5
PRESENTATION
13 APPENDIX
Item 5
PRESENTATION
Our E-ELEC 1.0 Rate Pilot taught us a lot,
especially about EV owners.
80% of E-ELEC 1.0 participants were EV owners interested in better rate options.
E-ELEC 1.0 Key Takeaways:
• Customers were motivated to “do the
right thing.”
• Customers were willing to shift energy
throughout the day to lower bills and
reduce emissions.
• 54% of customers work from home at
least 4 days per week, implying many
our customers could take advantage of
daytime charging.
Item 5
PRESENTATION
EV Rate Pilot Program: $1.5M (proposed)
• Customer Discounts - $1.3M
• Administration - $0.2M
Reducing admin costs by launching parallel
to E-ELEC 2.0 pilot program
E-ELEC 2.0 Rate Pilot: $3.5M (approved)
• Customer Discounts - $2.5M
• Administration - $1M
• Billing Setup & Support
• Contingency
• Measurement & Verification
• Marketing, Communication & Education
Benefits:
• Supports enrollment of up to
5,000 customers over 3 years
• $1.3M in direct customer bill
savings (incentive)
• Integrate into existing SVCE
electrification programs
• Inform future SVCE rate design
If designed and
implemented with
ELEC 2.0 Rate Pilot
Item 5
PRESENTATION
I
One clear, simple message: “Charge during the
daytime when prices are lowest.”
SVCE EV-2
SVCE EV Rate
Pilot
Winter
Super-Off-Peak 9a-3p -1% -50%
Off-Peak 12-9a -1% +10%
Partial-Peak 3-4p & 9p-12a -1% -1%
Peak 4-9p -1% -1%
Summer
Super-Off-Peak 9a-3p -1% -50%
Off-Peak 12-9a -1% +10%
Partial-Peak 3-4p & 9p-12a -1% -1%
Peak 4-9p -1% -1%
Notes:
1. Negative means “cheaper than PG&E”, positive means “more expensive”.
2. SVCE EV Rate Pilot discounts reflect anticipated discount based on current design. Finalized rates will be brought back to the Board for approval after adoption of the rate pilot program.
SVCE generation rate discount relative to PG&E
Item 5
PRESENTATION
Comparing total bundled rates ($/kWh, including
T&D) puts our discounts into perspective
SVCE EV-2
SVCE EV Rate
Pilot
Winter
Super-Off-Peak 9a-3p $0.30 $0.24
Off-Peak 12-9a $0.30 $0.32
Partial-Peak 3-4p & 9p-12a $0.47 $0.47
Peak 4-9p $0.48 $0.48
Summer
Super-Off-Peak 9a-3p $0.30 $0.24
Off-Peak 12-9a $0.30 $0.32
Partial-Peak 3-4p & 9p-12a $0.50 $0.50
Peak 4-9p $0.60 $0.61
Note:
1. SVCE EV Rate Pilot reflects anticipated rates based on current design. Finalized rates will be brought back to the Board for approval after adoption of the rate pilot program.
Item 5
PRESENTATION
• Subtitle
New SV Clean Energy
PowerPoint Template
Transportation Electrification Programs
Budget Reallocation
Nupur Hiremath, Manager of Decarbonization Programs
Hannah Gustafson, Programs Lead
January 14, 2026
Item 6
PRESENTATION
M'SSILICON VALLEY <3/ CLEAN ENERGY
2 • Transportation programs overview and learnings
• Staff recommendation for budget reallocation to scale core programs
Today’s Agenda
Item 6
PRESENTATION
SVCE EVI Joint Action Plan (2019)
Full Plan
• Focus on multifamily,
workplace, fleet, and
public charging
• To date, SVCE has
implemented all
planned programs
(and more)
Item 6
PRESENTATION
ELECTRIC VEHICLE
INFRASTRUCTURE
JOINT ACTION PLAN
September 2019
The Future is Electric
4 EV Landscape has evolved since 2019
0%
2%
4%
6%
8%
10%
12%
14%
0 20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 % ZEV
# Vehicles
Year
Plug-in Hybrid (PHEV)
Fuel Cell (FCEV)
Battery Electric (BEV)
% ZEV
California Energy Commission (2025). Light-Duty Vehicle Population in California. Data last updated April 30, 2025. Retrieved June 9, 2025 from https://www.energy.ca.gov/zevstats Annual ZEV growth in Santa Clara County
Item 6
PRESENTATION
5 EV Landscape has evolved since 2019
• Federal policy headwinds for EVs
• Federal tax credits came and went
• CA behind on charging goal (20% of 2030 goal)
• Upfront cost remains barrier for mass adoption
• High charging costs for multifamily residents
• EVs grew to 13+% of cars in county1
• EVs hit 46% of new car sales in Q3 20252
• CA public charging stations have grown 5X3
• Explosion in EV models available
• State EVI building codes align with reach codes
1 California Energy Commission (2025). Light-Duty Vehicle Population in California. Data last updated April 30, 2025. Retrieved June 9, 2025 from https://www.energy.ca.gov/zevstats 2 California Energy Commission (2025). New ZEV Sales in California. Data last updated September 30, 2025. Retrieved October 13, 2025 from https://www.energy.ca.gov/zevstats. 3 California Energy Commission (2025). Electric Vehicle Chargers in California. Data last updated February 5, 2025. Retrieved September 24, 2025 from https://www.energy.ca.gov/zevstats Item 6
PRESENTATION
6 SVCE Transportation Electrification Programs
EV Charging
Rebates
New Construction
Affordable Housing EV
Charging Rebates
EV Rebates Multifamily
Retrofits
Fleet
Electrification
Planning
Innovation
Onramp
E-Bikes
(coming 2026!)
CALeVIP Fast Charging
Incentives
EV Charging
Technical
Assistance
Incentive
Technical assistance
Direct install
Closed
Program Types
Item 6
PRESENTATION
7 Program Impacts by the Numbers
34 Level 1 or 2
Chargers Installed
Multifamily Sites
with EV Charging
40 622
Properties received
EV charging
technical
assistance
112
Level 1 or 2
Chargers in
pipeline
287
DC Fast Chargers
Installed
Data as of 12/15/25
EV Rebates
Paid
330
Public fleets
receiving
electrification
planning support
15 Item 6
PRESENTATION
8 A Few Program Learnings
Item 6
PRESENTATION
9 1. Rebates and assistance drive EV charging
installations
• Project costs are the top
barrier, and rebates are
needed
• Property owners value
guidance on cost-saving
strategies, project scoping,
billing management, and
finding installers
• CONTINUE
Park Plaza (155 units) in Mountain View installed
22 Level 2 EV chargers in 2023.
Mike, the property manager, worked with EVmatch to stack incentives to help fund this project.
All 22 chargers are reservable by tenants and the public.
Item 6
PRESENTATION
10 2. Right-sizing EV charging can reduce project costs and serve most daily driving needs
• Lower power solutions
have lower costs
• These solutions can charge
30-50 miles overnight
• Multifamily residents:
• ~66% drive <25 miles/day*
• ~90% drive <50 miles/day*
• CONTINUE
Examples of outlet-based solutions from
GoPowerEV and Pando Electric
$4,266
Level 1/2 Outlet Level 2 Port
Median Installation Cost Per Port at
Multifamily Sites
66 outlets
4 sites
129 ports
17 sites
$7,834
*Based on SVCE program data
Item 6
PRESENTATION
11 3. Education is Key to Scale Adoption
• Engagement,
outreach, and
tailored education
help reach new
audiences and
overcome barriers,
for both vehicles
and charging
• CONTINUE
Multifamily Property Owner EV Charging Lunch and Learn, July 2025 Tax Credit Webinars, Aug-Sept 2025 EV Financial Incentives Lunch and Learn in Gilroy, Nov 2024 Item 6
PRESENTATION
12 4. Fast Charging is growing with external
investments
• 8 DCFC ports
installed near
multifamily through
Fast Charging
Incentives program
• DCFC in Santa
Clara County has
grown 3x in 5 years
• MOVE AWAY FROM,
FOR NOW
Decided not to pursue another
round due to:
1. External public and private
investment in DCFC market
2. Challenges during
implementation
3. Continued focus on multifamily
resident charging opportunities
to complement DCFC growth
Item 6
PRESENTATION
13 5. New Construction Affordable Housing
program hasn’t seen much uptake
• Launched in 2023
• Intended to support
EV reach codes
• Only 1 application
to date
• RELEASE FUNDS TO
BROADER POOL
Decided broaden program beyond
new affordable housing due to:
1. Developers have long and
challenging timelines; focused
on broader project financing
2. State codes have caught up to
local EV charging reach codes
3. SVCE does not anticipate most
funds will be spent as allocated
Item 6
PRESENTATION
14 Budget Reallocation
Recommendation
Item 6
PRESENTATION
15 Three changes, to scale impact
Reallocating $7.2M in unspent TE funding to scale existing core EV charging and EV programs.
Key Proposed Changes:
• Relaunch improved technical assistance
program focused on right-sizing solutions
• Expand EV charging rebates to add
workplace and public charging eligibility
• Add funding for more EV rebates and
increase educational engagement
EV Charging
Rebates
EV
Charging
Technical
Assistance
EV Rebates
Item 6
PRESENTATION
16 Where does the $7.2M come from?
$7.2M comes from current program budgets that have closed or are unlikely-to-be-spent New Construction Affordable
Housing EV Charging
Fast Charging Incentives
CEC Grant Match
for EV Charging
$90.5k
CALeVIP
$36k
Total:
$7.2M
$1.3M
$5.8M
Item 6
PRESENTATION
17 New Affordable Housing will continue to receive
EV Charging Rebates from SVCE, if they apply
• $5.8M* exclusively for new
construction affordable housing
• Support reach code compliance
New Construction Affordable
Housing EV Charging Rebates
• $3.9M available for:
• Existing market-rate
• Existing affordable
Multifamily EV Charging Rebates
• $9.04M available for multifamily
properties, including:
• Existing market-rate
• Existing affordable
• New affordable
• Single budget for all eligible site
types available first come, first
served.
EV Charging Rebate Program
Current Budgets (2022-2025) Future Budget (2026 onwards) *A portion of these funds would be reallocated to other TE programs Item 6
PRESENTATION
*
18 Core Program Budget Recommendation
Proposed budgets after $7.2M addition:
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
$9,000,000
$10,000,000
EV Charging Rebates EV Rebates EV Charging Technical
Assistance
Recommended Reallocation
Remaining Funds
Spent or Reserved Funds
+$5.1M
+$1M
+$1.1M
$1.2M
$741k
$2.7M
$759k $725k
Item 6
PRESENTATION
19 Impact of Reallocated TE Funds
Charging Technical
Assistance 2.0
• Offer customized TA to
recruit, advise, and
connect to rebates and
installers
EV Charging
Rebates
• Expand and scale EV
charging installations for
multifamily, workplaces,
and public charging.
EV Rebates &
Education
• Continue to support
equitable EV adoption
with income-qualified
rebates and education
+$5.1M +$1M
Adds ~50-100+ sites
~900-2,000+ chargers
Adds ~450 EV rebates,
~10 educational events
+$1.1M
Support 200+ sites
Item 6
PRESENTATION
Request
20 Staff and the Executive Committee
recommend the Board approve the
Transportation Electrification Program
Budget Reallocation of $7.2 million in
unspent funds as follows:
• Charging Technical Assistance: add
$1.1 million;
• EV Charging Rebates: add $5.1
million; and
• EV Rebates and Education: add $1
million
MP1
Item 6
PRESENTATION
SILICON VALLEY <3/ CLEAN ENERGY
21 Questions?
Item 6
PRESENTATION
22 Appendix
Item 6
PRESENTATION
23 Total TE Budget Change Summary
Program Total Budget Remaining
Unspent Funds
Recommended
Budget
Change
New
Recommended
Total Budget
Description
EV Charging Rebates $3,900,000 $1,175,085 +$5,135,141 $9,035,141 Add $5.1M EV Charging Technical Assistance $725,000 $0 +$1,100,000 $1,825,000 Add $1.1M, relaunch EV Rebates $1,500,000 $741,185 +$1,000,000 $2,500,000 Add $1M Multifamily Retrofits $1,000,000 $1,000,000 $0 $1,000,000 No change Fleet Electrification $512,000 $75,000 $0 $512,000 No change E-bike Rebates $500,000 $500,000 $0 $500,000 No change
Innovation Onramp Pilots $327,725 $327,725 $0 $327,725 No change MTC Grant Match $204,569 $204,569 $0 $204,569 No change CFI Grant Match $1,500,000 $1,500,000 $0 $1,500,000 No change EVMatch CEC Grant $75,000 $16,500 ($16,500) $0 Closed
CALeVIP $2,500,000 $36,000 ($36,000) $0 Closed
Ecology Action CEC Grant $100,000 $74,000 ($74,000) $0 Closed Fast Charging Incentives
(Priority Zone DCFC) $1,875,000 $1,327,210 ($1,327,210) $0 Closed New Construction Affordable Housing EV
Charging $5,795,431 $5,781,431 ($5,781,431) $0
Merge with EV
charging rebate
program
TOTAL $20,514,725 $12,758,705 $0 $17,404,435
Item 6
PRESENTATION
New or pre-owned, purchased or
leased. <$55k cash price.
<80% Area Median Income
($159,550 for 4-person
household)
At a participating dealership.
Or, apply post purchase.
Get an instant rebate
Any EV or plug-in hybrid eligible
Learn more: svce.info/evrebate Income qualifications apply For income-qualified residents
$2,000
EV Rebate
Item 6
PRESENTATION om;
Multifamily
EV Charging
Incentive
Programs
Receive Incentives Up to $100,000
First come first served, while funds last
Offset the cost of installing EV chargers at your
multifamily residence. Must reserve incentives before
installation.
Get Help Planning Your Project with
Free Technical Assistance
Closed June 2025
• Site assessment
• Charger options and site layout
• Contractor solicitation
• Project management
• Permitting support
• Financial incentives/rebate applications
svce.info/mfcharging
Item 6
PRESENTATION
• Subtitle
New SV Clean Energy
PowerPoint Template
SVCE NBT Solar Update
Peyton Parks
January 14, 2026
Item 7
PRESENTATION
SILICON
CLEAN
Agenda
• Background: Recent Solar Policy Decisions
• NEM, NEM 2.0, and Net Billing Tariff
• NBT First Year Performance
• Solar Landscape Look-Ahead
• NEM – Net Energy Metering
• NEM 3.0 – Colloquial term
for Net Billing Tariff
• Net Billing Tariff (NBT) –
PG&E and SVCE internal
terminology
• Solar Billing Plan (SBP) –
Customer-facing term used
for bill presentment
Key Terms
Item 7
PRESENTATION
Reminder: NEM 1 and 2 were designed to help
grow the solar industry
• 1:1 Retail Net Metering – no incentive to
self-consume or store energy.
• Reduces both Generation and
Transmission & Distribution charges.
• Resulted in a cost-shift to non-solar
customers.
• Net Billing Tariff was designed to correct
for these features.
Item 7
PRESENTATION
Net load (electricity demand minus solar and wind) on the grid, in gigawatts Key Differences NEM 2.0 vs Net Billing Tariff
Feature NEM 2.0 Net Billing
Tariff
Rate
Requirement
Any TOU Rate E-ELEC
Export
Compensation
Retail Hourly
Average
System ROI
6 Years 9 Years*
Greatest
Customer
Value
Export, Self-ConsumptionSelf-Consumption
• Make solar more equitable by correcting the cost-shift to non-solar customers. • Align exported energy value with grid value.
• Encourage electrification, self-consumption, and
battery storage rather than exports to grid.
• SVCE’s position was that NBT was ‘directionally
correct.’
NBT Design Background
*When paired with storage
Item 7
PRESENTATION
Timeline of Net Billing Tariff Rollout
• SVCE BOD voted to create CPUC-aligned Net Billing Tariff to support solar customers into the future.
• Follow PG&E export pricing and billing structure.
• NBT implementation experienced delays due to PG&E billing system updates.
• April 2025: SVCE customers on NBT experienced their first annual cash-out.
• SVCE staff were to monitor impacts and return with any recommendations.
Highlights 2023
2024
2022
2022 December, NEM 3.0 passes
CPUC
2023 April 15, last day to file
NEM 2.0 application
2023 December 15, NEM 3.0
original go-live date
2023 November 08, BOD approves
recommended NEM 3.0 strategy
April 2025 First SVCE NEM 3.0
Cash-out
2025
April 2024 Delayed NEM 3.0 go-live
date
Item 7
PRESENTATION
NBT Export Compensation
$0.00
$0.05
$0.10
$0.15
$0.20
$0.25
$0.30
$0.35
$0.40
Export Values:
EEC vs. Retail Compensation, May 2025
EEC Value May NEM/NEM2.0
Retail Comp – NEM 1.0/2.0
• The value of solar exports
under previous versions of
NEM; at or very near 1:1
EEC – Energy Export Credit
• The hourly value of NBT
customers’ solar exports
Item 7
PRESENTATION
,^> V V V V V <V V V V <? <ox V %
X o) s<
7 Total Solar Program Performance
NEM and NEM 2 Net Billing Tariff
Total Enrolled
Customers
Total Net
Generators
Total Compensation
to Net Generators
Average Comp per
Net Generator
39,616
9,461
~$1,300,000
~$137
2,730
780
~$44,000
~$56
April 2025
Item 7
PRESENTATION
8 Solar Market Expansion
Total installations in SVCE territory have declined through 2024 and 2025 Total
Installations
YOY Solar
Growth
Item 7
PRESENTATION
9 Storage Market Expansion
NBT solar installations have been paired with storage at a rate of 83%; prior to NBT attachment rate 15%
Battery
Yes
No
Item 7
PRESENTATION
2024 2025
10 • Solar + storage assistant on
eHub.
• Demand flexibility contract
with Lunar – including
forthcoming battery rebates.
SVCE continues to support local installs
• Including solar + storage financing through on-bill financing program to test interest.
• Continue to look for opportunities to package with electrification.
Several existing and upcoming efforts.
Item 7
PRESENTATION
Before Solar After Solar
$250 $19
j Map Satellite
0% 92%
$86,988 $15,578
t KJ
$0 $71,410
54.8$/kWh 9.8$/kWh
$0 $3,480 JOT •sR? - a- Vc
b? 1 Map Data Terms | 6
Monthly Payment O
Bill Reduction O
Lifetime Energy Cost o
Lifetime Savings o
Average Electricity Rate o
Available Incentives o
11 • Federal tax credit of 30% for owned systems ending as of December 31, 2025. • Third-party-owned solar (lease, PPA) continue to qualify until December 2027. • DSGS, a CEC funded reliability program - and the largest "Virtual Power Plant" in California - did not receive additional funding for 2026 and beyond. • SVCE has lowered its Net Surplus Compensation payment to 1x PG&E for 2026 and onwards.
But new headwinds exist
SVCE will keep monitoring how this affects local installs.
Item 7
PRESENTATION
12 Conclusion
• Large spike of installs prior to NBT but currently still seeing growth locally.
• NBT resulted in lower compensation during the year, and lower cash-outs, as expected.
• SVCE is offering several programs to support local
installs, especially with storage. This will expand in 2026. • New challenges also coming that may have big impacts
on rooftop solar deployment.
• Staff will continue to monitor and return with updates and new ideas as appropriate.
Item 7
PRESENTATION
Title of the
Page
Questions &
Comments
Item 7
PRESENTATION
14 Glossary
• NEM – Net Energy Metering; the legacy utility program by which exported solar energy is exchanged for monetary value. In NEM and NEM 2.0 the rate of exchange is at, or very close to, retail pricing. • NBT – Net Billing Tariff; the successor utility program by which exported solar energy is exchanged for monetary value. In NBT, this value changes hourly to reflect wholesale grid pricing. Also referred to as NEM 3.0 or Solar Billing Plan (SBP)
• EEC – Energy Export Credit; the hourly value of solar exports under Net Billing Tariff • Net Generator – a customer that produces more solar electric energy than they consume over the course of a full calendar year; SVCE’s solar year begins in May and ends in April. • TOU Rate – a utility rate that is, by design, more expensive during the times of the day with peak demand • E-ELEC – a utility rate (PG&E, SVCE) designed to encourage electrification • DSGS – Demand Side Grid Support; a CEC funded reliability program and the largest "Virtual Power Plant" in California
Item 7
PRESENTATION