Pursuant to the Americans with Disabilities Act, if you need special assistance in this meeting, please contact the Clerk for the Authority at (408) 721-5301 x1005. Notification 48 hours prior to the meeting will enable the Authority to make reasonable arrangements to ensure accessibility to this meeting. (28 CFR 35.105 ADA Title II).
George Tyson, Chair
Town of Los Altos Hills
Larry Klein, Vice Chair
City of Sunnyvale
Elliot Scozzola
City of Campbell
R “Ray” Wang
City of Cupertino
Zach Hilton
City of Gilroy
Sally Meadows
City of Los Altos
Rob Rennie
Town of Los Gatos
Garry Barbadillo
City of Milpitas
Bryan Mekechuk
City of Monte Sereno
Yvonne Martinez Beltran
City of Morgan Hill
Pat Showalter
City of Mountain View
Chuck Page
City of Saratoga
Otto Lee
County of Santa Clara
svcleanenergy.org
333 W El Camino Real
Suite 330
Sunnyvale, CA 94087
Silicon Valley Clean Energy
Executive Committee Meeting
Friday, January 23, 2026
1:00 p.m.
Silicon Valley Clean Energy Office
333 W. El Camino Real, Suite 330
Sunnyvale, CA
Teleconference Meeting Information:
https://svcleanenergy-org.zoom.us/j/83600042590
Telephone (Audio only):
US: +1 669 219 2599
Webinar ID: 836 0004 2590
Members of the public may observe this meeting electronically by accessing the meeting via instructions above. Public Comments can be sent in advance of the meeting via email up to three hours before the meeting begins to Board Clerk Andrea Pizano at [email protected] and will be distributed to the Executive Committee. The public will also have an opportunity to provide comments during the meeting. Members of the public using Zoom may comment during public comment or the applicable agenda item by using the Raise Hand feature and you will be recognized by the Chair. Those using the telephone (audio only) feature should press star 9 on your phones to initiate the “Raise Hand” function in Zoom. You will then be announced, unmuted, and your time to speak will begin.
The public may provide comments on any matter listed on the Agenda. Speakers are customarily limited to 3 minutes each, however, the Committee Chair may increase or decrease the time allotted to each speaker based on the number of speakers, the length of the agenda and the complexity of the subject matter. Speaking time will not be decreased to less than one minute.
If you are an individual with a disability and need a reasonable modification or accommodation pursuant to the Americans with Disabilities Act (“ADA”) please contact Board Clerk Andrea Pizano at [email protected] prior to the meeting for assistance.
AGENDA
Call to Order
Roll Call
Public Comment on Matters Not Listed on the Agenda
The public may provide comments on any matter not listed on the Agenda provided that it is within the subject matter jurisdiction of SVCE. Speakers are customarily
SILICON VALLEY
CLEAN ENERGY
Pursuant to the Americans with Disabilities Act, if you need special assistance in this meeting, please contact the Clerk for the Authority at (408) 721-5301 x1005. Notification 48 hours prior to the meeting will enable the Authority to make reasonable arrangements to ensure accessibility to this meeting. (28 CFR 35.105 ADA Title II).
George Tyson, Chair
Town of Los Altos Hills
Larry Klein, Vice Chair
City of Sunnyvale
Elliot Scozzola
City of Campbell
R “Ray” Wang
City of Cupertino
Zach Hilton
City of Gilroy
Sally Meadows
City of Los Altos
Rob Rennie
Town of Los Gatos
Garry Barbadillo
City of Milpitas
Bryan Mekechuk
City of Monte Sereno
Yvonne Martinez Beltran
City of Morgan Hill
Pat Showalter
City of Mountain View
Chuck Page
City of Saratoga
Otto Lee
County of Santa Clara
svcleanenergy.org
333 W El Camino Real
Suite 330
Sunnyvale, CA 94087
limited to 3 minutes each, however, the Committee Chair may increase or decrease the time allotted to each speaker based on the number of speakers, the length of the agenda and the complexity of the subject matter. Speaking time will not be decreased to less than one minute.
Consent Calendar (Action)
1) Approve Minutes of the December 5, 2025, Executive Committee Meeting Regular Calendar
2) CEO Update (Discussion)
3) Elect Chair and Vice Chair of the 2026 SVCE Executive Committee (Action) 4) Select a Regular Meeting Schedule for 2026 Executive Committee Meetings (Action)
5) Changes to Hybrid Meetings Policy to Incorporate SB 707 (2025) (Action) 6) Input on Timing to Solidify Proposals of the Community Space at Silicon Valley Clean Energy Headquarters (Action)
Committee/Staff Remarks
Adjourn
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Silicon Valley Clean Energy
Executive Committee Meeting
Friday, December 5, 2025
10:00 a.m.
Silicon Valley Clean Energy Office
333 W El Camino Real, Suite 330
Sunnyvale, CA
DRAFT MEETING MINUTES
Call to Order
Vice Chair Meadows called the meeting to order at 10:00 a.m.
Roll Call
Present:
Vice Chair Sally Meadows, City of Los Altos
Director Elliot Scozzola, City of Campbell
Director George Tyson, Town of Los Altos Hills
Director Tina Walia, City of Saratoga
Director Larry Klein, City of Sunnyvale
Absent:
Chair Yvonne Martinez Beltran, Morgan Hill
Public Comment on Matters Not Listed on the Agenda
Bruce Karney, Mountain View resident, addressed materials distributed to the Executive Committee on his behalf: 1) Modeled Emissions and Emissions Reductions, and 2) Dirty Electricity from ESPs (Attachment 1).
Consent Calendar
MOTION: Director Walia moved and Director Tyson seconded the motion to approve the Consent Calendar.
Vice Chair Meadows opened Public Comment.
No speakers.
Vice Chair Meadows closed Public Comment.
The motion carried with Chair Martinez Beltran absent.
1) Approve Minutes of the October 24, 2025, Executive Committee Meeting Regular Calendar
2) CEO Update (Discussion)
Item 1 1 Draft Minutes - 12/5/25 Executive Committee Meeting SILICON VALLEY <3/ CLEAN ENERGY
Chief Executive Officer Monica Padilla provided a report which included:
• A reminder of a Board of Directors Special Meeting, scheduled for Friday, December 12, 2025 at 10:00 a.m. at the Juniper Hotel in Cupertino followed by lunch; • An invitation to hear guest speaker Severin Borenstein at the Juniper Hotel in Cupertino on December 12, 2025 at 8:30 a.m.; and
• Zoe Elizabeth, Director of Decarbonization Policy and Community Strategies, shared updates on the progress of SVCE’s new headquarters
Staff responded to questions and comments regarding anticipated move-in date to the new headquarters and terms of the existing office lease.
Vice Chair Meadows opened Public Comment.
No speakers.
Vice Chair Meadows closed Public Comment.
3) Recommend the Silicon Valley Clean Energy Board of Directors Approve the Proposed Updated Fiscal Year 2025-2026 Budget and 2026 Rate Changes (Action) Amrit Singh, Chief Financial Officer, reviewed the updated fiscal year 2025-2026 budget and five-year financial forecast, and reviewed the updated budget and proposed SVCE rate changes. The main areas of discussion included:
• Highlights of the updated financial forecast, showing that five-year margins remained negative under a ‘business-as-usual’ scenario, a fiscal year 2026 draw on reserves of $60 million (up from $40 million), and a proposed 1% customer discount and additional $12 bill credit for low-income customers; • Comparison of the adopted and updated budget;
• SVCE’s financial reserves outlook and management; and • SVCE’s rates for 2026
Staff responded to questions and comments on the transmission and distribution (T&D) rates, the proposed 1% customer discount, anticipated future Power Charge Indifference Adjustment (PCIA) fees, if the model used assumed future prepays, future interest rates and interest income, potential load growth effects, recommended Days Cash On Hand (DCOH) and credit rating agency feedback, how SVCE rates and information are reported to credit rating agencies, reserves targets and DCOH, SVCE’s building fund, the proposed GreenPrime rate, and the low income monthly credit.
Vice Chair Meadows opened Public Comment.
Bruce Karney commented on the PCIA, and questioned if SVCE staff or CalCCA has attempted to understand how the PCIA will decline over time.
Vice Chair Meadows closed Public Comment.
MOTION: Director Tyson moved and Director Walia seconded the motion to recommend the SVCE Board of Directors approve the updated Fiscal Year 2025-26 operating budget that includes:
1. Implementing SVCE generation rates to establish a 1% discount to PG&E’s applicable generation rates,
2. Providing a monthly bill credit of $12 for CARE/FERA customers,
3. Approving the new GreenPrime rate of $0.0074/kWh ($7.40/MWh)
4. $5.5 million to the building fund.
The motion carried with Chair Martinez Beltran absent.
Item 1 2 Draft Minutes - 12/5/25 Executive Committee Meeting
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4) Community Grants Program Development (Informational) Director of Decarbonization Policy and Community Strategies Elizabeth introduced the item and Jessica Cornejo, Decarbonization and Community Strategies Lead, provided a presentation which included background information on previous grants, an overview of the Community Grants, and review of next steps.
Staff responded to questions regarding member agencies who did not apply for non-competitive grants, and reminding Board members of approaching grant deadlines and for information awareness.
Vice Chair Meadows opened Public Comment.
No speakers.
Vice Chair Meadows closed Public Comment.
Committee/Staff Remarks
No comments.
Adjournment
Vice Chair Meadows adjourned the meeting at 11:12 a.m.
ATTACHMENT:
1. Bruce Karney Public Comment
ATTEST:
_____________________________
Andrea Pizano, Board Secretary
Item 1 3 Draft Minutes - 12/5/25 Executive Committee Meeting
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Staff Report – Item 2
Item 2: CEO Update
From: Monica Padilla, CEO
Prepared by: Andrea Pizano, Sr. Executive Assistant and Board Clerk Date: 1/23/2026
This item will be addressed in the form of an oral report to the Executive Committee from Monica Padilla, Chief Executive Officer.
Item 2
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Staff Report – Item 3
Item 3: Elect Chair and Vice Chair of the 2026 SVCE Executive Committee From: Monica Padilla, CEO
Prepared by: Andrea Pizano, Sr. Executive Assistant and Board Clerk Date: 1/23/2026
RECOMMENDATION
Staff recommends the Silicon Valley Clean Energy (SVCE) Executive Committee elect a 2026 Chair and Vice Chair to preside over committee meetings.
BACKGROUND
As an appointed ongoing committee of the SVCE Board of Directors (Board), Executive Committee meetings are public and subject to the Ralph M. Brown Act. Per SVCE’s Operating Rules and Regulations (ORRs), the Executive Committee is appointed at the annual meeting in January and there are no limits on the number of terms that a Director may serve on a committee. The Chair and Vice Chair will be selected by the Executive Committee by an affirmative vote of a majority of all members of the entire committee (SVCE’s Joint Powers Agreement, Section 4.9.1).
ANALYSIS & DISCUSSION
With Executive Committee appointments made at the January 14, 2026 Board meeting, staff recommends committee members appoint a Chair and Vice Chair to preside over meetings for 2026. Any member of the Executive Committee may serve as Chair or Vice Chair and there are no term limits; per the ORRs, the Nominating Committee considers it a best practice to recommend the Board Vice Chair to serve as the Chair of the Executive Committee.
The 2025 positions were held by Director Yvonne Martinez Beltran as Chair, and Director Sally Meadows as Vice Chair.
Process and Procedure for Chair/Vice Selection
At the meeting, those interested in the role of 2026 Chair or Vice Chair will inform the Chair by self-nomination; nominations of other members of the committee will also be accepted. Once all nominations have been made, each interested member will be given an opportunity to make a statement.
If there is more than one person interested in either role, a roll call vote will be performed by the Board Clerk.
Each committee member will be asked to vote for their selection by name. For this Executive Committee of six members, a vote of four members will be required to identify the Chair/Vice Chair. A ratification vote will be taken to solidify the selection.
In the event four votes is not reached, the top two candidates with the most votes will continue for additional rounds of votes until four votes is received.
Item 3
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Agenda Item: 3 Agenda Date: 1/23/2026
STRATEGIC PLAN
Not applicable.
ALTERNATIVE
Not applicable.
FISCAL IMPACT
No fiscal impact as a result of selecting a Chair and Vice Chair of the Executive Committee.
Item 3
Staff Report – Item 4
Item 4: Select a Regular Meeting Schedule for 2026 Executive Committee Meetings From: Monica Padilla, CEO
Prepared by: Andrea Pizano, Sr. Executive Assistant and Board Clerk Date: 1/23/2026
RECOMMENDATION
Staff recommends the Silicon Valley Clean Energy (SVCE) Executive Committee approve an ongoing meeting date and time for 2026 Executive Committee meetings. Staff proposes to keep the existing schedule of every fourth Friday of the month at 10:00 a.m., a summer recess in June, and a later start time in February due to an existing conflict.
BACKGROUND
In June 2016, the SVCE Board of Directors (Board) approved the formation of the Executive Committee with the role of advising the CEO and Board on matters pertaining to the operations of SVCE. The approved role of the Executive Committee is advisory to the Board unless the Board directs or delegates specific decision-making authority to the Executive Committee, such as delegating final approval of a professional services agreement.
For reference, the Executive Committee has met on Fridays since 2019. The 2025 Executive Committee meetings were held every fourth Friday of the month at 10:00 a.m. and the July meeting was cancelled.
ANALYSIS & DISCUSSION
New members of the 2026 Executive Committee were selected at the January 14, 2026 Board of Directors meeting. The dates and times for the Executive Committee meetings need to be agreed to and approved for the year.
All meetings will be hybrid with the option for committee members to participate in person at the SVCE office or remotely from a publicly accessible and noticed location. Members of the public will be able to attend in person or remotely; all meetings will follow the Ralph M. Brown Act.
STRATEGIC PLAN
Not applicable.
ALTERNATIVE
Staff is open to suggestions from committee members on alternative meeting dates and times.
FISCAL IMPACT
No fiscal impact as a result of selecting a regular meeting schedule.
ATTACHMENT
1. Draft Proposed 2026 Executive Committee Meeting Schedule Item 4
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Proposed: 1/23/26
2026 Executive Committee Meeting Schedule (Proposed)
Fourth Fridays of the month at 10:00 a.m. at the SVCE Office (333 W. El Camino Real, Suite 330, Sunnyvale, CA), unless otherwise noted February 27, 2026, 2:00 p.m.*
March 27, 2026
April 24, 2026
May 22, 2026
No meeting in June
July 24, 2026
August 28, 2026
September 25, 2026
October 23, 2026
December 4, 2026*
*Please note this does not fall on the fourth Friday of the month/10:00 a.m., but staff is proposing this date/time due to an existing conflict Item 4
Attachment 1
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Staff Report – Item 5
Item 5: Changes to Hybrid Meetings Policy to Incorporate SB 707 (2025) From: Monica Padilla, CEO
Prepared by: Michael Callahan, General Counsel
Date: 1/23/2026
RECOMMENDATION
Staff recommends the Silicon Valley Clean Energy (SVCE) Executive Committee recommend the SVCE Board of Directors (Board) approve the proposed changes to SVCE’s Hybrid Meetings policy to incorporate California Senate Bill 707 (SB 707).
BACKGROUND
In preparation for the end of the COVID-19 State of Emergency and the ability for local agencies to meet remotely under Assembly Bill (AB) 361, the Governor signed AB 2449 on September 13, 2022, which allowed members of a legislative body to meet from a remote location under specific circumstances (“Just Cause” and emergency situations) without having to disclose their location and without 72-hour notice before the meeting, effective January 1, 2023. The SVCE Board expressed interest in the ability to utilize AB 2449 and approved GAP 9: Hybrid Meetings Policy incorporating the new remote meeting options in January 2022.
In October 2025, SB 707 was signed and provides, among other things, alternative teleconferencing options under specific circumstances.
ANALYSIS & DISCUSSION
With the sunset of AB 2449 on January 1, 2026, the SVCE Board is required to use traditional Brown Act rules for any member wishing to participate in a meeting remotely. This includes noticing a remote location on the meeting agenda at least 72 hours in advance of the meeting, and allowing the public to participate in the meeting from the noticed remote location.
Staff will provide a presentation outlining meeting requirements of SB 707, which will provide alternatives to the traditional Brown Act rules (under certain circumstances) and additional requirements of the new legislation.
STRATEGIC PLAN
Amending SVCE’s Hybrid Meetings policy supports Goal 9 of the Strategic Plan to “Implement industry best practices to enable data-driven decision making across the organization; enhance systems, standards and procedures to streamline business processes and improve operational effectiveness and reliability (aka SVCE
3.0).”
ALTERNATIVE
Staff is open to suggestions from committee members on additional amendments to the policy.
FISCAL IMPACT
No fiscal impact as a result of amending the policy.
Item 5
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Staff Report – Item 6
Item 6: Input on Timing to Solidify Proposals for the Community Space at Silicon Valley Clean Energy Headquarters
From: Monica Padilla, CEO
Prepared by: Zoe Elizabeth, Director of Decarbonization Policy & Community Strategies Date: 1/23/2026
RECOMMENDATION
Direct staff to return with recommendations for the Fiscal Year (FY) 27-28 budget for the community space at SVCE’s new headquarters at 298 S. Sunnyvale Avenue.
BACKGROUND
In February 2025, SVCE purchased a 28,000-square-foot, two-story building that will serve as the agency’s new headquarters. The building was renovated in 2019 but is a shell and SVCE needs to complete the interior build-out prior to occupying the building. SVCE conducted two in-person feedback sessions with staff, the Board, and members of the public to ensure their values, priorities, and needs are considered during the building’s design process. The first feedback session entailed an in-person exercise with all staff to discuss the office space. The takeaways from that session included incorporating modular office features for a changing workforce and designing an effective space for individual and collaborative productivity.
The second feedback session was with the Board of Directors and members of the public to solicit input on priorities and values for the Board Chamber and community space while maintaining a focus on financial feasibility. The priority benefits for the community space were engagement for contractors and retailers, workforce education, and public electrification education. Staff presented these takeaways in the May 2025 Executive Committee meeting and shared the feedback with the selected architectures.
Staff have been working diligently to prioritize the office space and Board Chamber with the goal of relocating operations by summer 2026. The building is phased into two parts: Phase 1) the office space and Board Chamber and Phase 2) the community space. Staff is requesting additional time to assess the needs of the community space as outlined in the feedback sessions. Staff will use additional time to conduct a market assessment, cost analysis, community needs assessment and evaluate the building’s usage post move-in to better assess the example concepts listed in the feedback session.
ANALYSIS & DISCUSSION
In the January 2026 Board of Directors meeting, the Board approved the contract for the development and construction of SVCE’s headquarters in the amount of $6,554,435 with an allowance for a contingency up to 10% for a maximum of $7,209,879 (SVCE Board of Directors meeting, January 14, 2026, Item 1f). The current Board-approved building budget is $25.5 million. With the building purchase, construction, architect and project manager services, and permit fees, there is an estimated remaining of $4 million in the budget.
SVCE is undergoing two strategic processes, focusing on financial levers and the Integrated Decarbonization Roadmap. Both are long-term strategies that refine SVCE’s goals and milestones and will include updated funding priorities. Build out of the community space will require construction costs and potentially additional Item 6
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Agenda Item: 6 Agenda Date: 1/23/2026
staff resources. Staff feel it would be prudent to complete these two strategic planning processes before finalizing the plan for the community space to ensure the plans for the space align with larger organization objectives and Board direction. In addition, the recommended time frame will allow staff to conduct a market assessment, cost analysis, and a community needs assessment to ensure the highest and best use of SVCE resources. Staff will also evaluate the building’s usage post-move-in to examine additional staffing, permitting, and parking needs to support the community space.
STRATEGIC PLAN
Expanding the office falls under Strategic Focus Area #5, Attract & Retain Employees.
ALTERNATIVE
Staff can return to the Executive Committee during the 2025 mid-year fiscal review in June 2026. Staff does not recommend this alternative given the need for further research, feedback, and overlap of the building’s construction.
FISCAL IMPACT
The Board of Directors originally approved $20 million to support the purchase and development of SVCE’s new headquarters in the March 2024 Board of Directors meeting (SVCE Board of Directors meeting, March 13, 2025, Item 4). The Board subsequently approved an additional $5.5 million for the budget in the December 2025 Board of Directors meeting (SVCE Board of Directors meeting, December 10, 2025, Item 5). The total building budget is $25.5 million. This funding will cover the cost of constructing the office space and Board Chamber with an estimated $4 million remaining for the community space. The community space may require additional funding, which must be approved by the SVCE Board of Directors.
Item 6