Silicon Valley Clean Energy Authority
Board of Directors Special Meeting
Friday, May 15, 2026
10:00 am
Silicon Valley Clean Energy Office
333 W. El Camino Real, Suite 330
Sunnyvale, CA
Community & Cultural Center
Madron Room
17000 Monterey Rd
Morgan Hill, CA
Hyatt Regency Waikiki Beach Resort
Kou Boardroom, Second Floor in Diamond Head Tower
2424 Kalakaua Avenue
Honolulu, Hawaii
MEETING MINUTES
Call to Order:
Chair Klein called the meeting to order at 10:01 a.m.
Roll Call
Present:
Larry Klein (Chair), Sunnyvale
Sally Meadows (Vice Chair), Los Altos
Terry Hines, Campbell (participated remotely)
J.R. Fruen, Cupertino
Maria Ristow, Los Gatos
Garry Barbadillo, Milpitas
Bryan Mekechuk, Monte Sereno
Yvonne Martinez Beltran, Morgan Hill (participated remotely) Pat Showalter, Mountain View
Tina Walia, Saratoga
Otto Lee, Santa Clara County
Absent:
Zach Hilton, Gilroy
George Tyson, Los Altos Hills
Public Comment on Matters Not Listed on the Agenda
Bruce Karney, Mountain View resident, commented on his attendance to the May 14, 2026 Drake Awards at the SETI Institute, the “overview effect”, and William Shatner’s experience visiting space and reflection on environmental impacts from mankind.
Consent Calendar (Action)
There were no questions or comments from the Board; there were no requests from the public to speak on any matter on the Consent Calendar.
1a) Approve Minutes of the April 11, 2026, Board of Directors Meeting 1b) Receive March 2026 Treasurer Report
1c) Authorize Chief Executive Officer to Amend Agreement with Creative F5 for Graphic Design and Website Maintenance Services to Add $175,000 for a Total Not to Exceed Amount of $425,000 and Extend Through September 2027
1d) Receive Just Cause and Multijurisdictional Bodies Remote Participation Report 1e) Adopt Resolution 2026-11 Adopting Final Rate Component Pricing for E-ELEC 2.0 Rate Pilot Program and SVCE EV Rate Pilot Program Effective June 1, 2026 1f) Receive March 2026 Decarbonization Strategy and Programs Quarterly Report 1g) Authorize the Chief Executive Officer to Execute Settlement Agreement with Rio Bravo Fresno for Ineligible 2024 Renewable Energy Certificates in the Amount of $161,934 1h) Receive Executive Committee Report
1i) Receive Additional Committees Report
1j) Receive California Community Power Report
MOTION: Director Mekechuk moved and Director Showalter seconded the motion to approve the Consent Calendar, Items 1a through 1j.
The motion carried by verbal roll call vote with Director Hilton and Director Tyson absent.
Regular Calendar
2) CEO Report (Informational)
Monica Padilla, Chief Executive Officer (CEO), addressed the following in her report:
• A thank you to board members who attended the CalCCA Annual Conference May 12 – 14, 2026 in Sacramento, CA and a thank you to Chair Klein and staff who participated on various panels; • Bena Chang, Director of Government and Legislative Affairs, provided a state legislative update; and
• Zoe Elizabeth, Director of Decarbonization Policy and Community Strategies, provided an update on the May 6, 2026 Bay Area Air District (BAAD) Board of Directors meeting, addressed a fact sheet on SVCE Talking Points that was included in the Board meeting packet, and announced a planned electrification event hosted by SVCE on August 31, 2026 for local elected officials.
Board members asked questions on any advocacy efforts that could take place now, if the volatility in the price of natural gas may have an influence on people switching to electrification, and emergency replacement programs to help residents move to all electric and education on potential exemptions.
Board members shared the following comments: Dir. Lee provided additional context on the BAAD Board meeting, and congratulated CEO Padilla on being named one of Silicon Valley Business Journal’s 2026 Women of Influence; Dir. Mekechuk shared his positive experience with heat pump water heaters; Vice Chair Meadows thanked Bruce Karney for his advocacy in support of Rule 9-6; Director Showalter encouraged others to view the Myths vs. Facts Bay Area Air District fact sheet on the BAAD website, and Alt. Dir. Walia thanked staff for the talking points and the support to member agencies on reach codes.
Chair Klein opened Public Comment.
No speakers.
Chair Klein closed Public Comment.
3) Select Additional Members for SVCE 2026 Committees (Action) Andrea Pizano, Sr. Executive Assistant and Board Clerk, reviewed the list of members who indicated interest in serving on SVCE’s 2026 committees with open seats as follows:
2026 Executive Committee (1 available seat)
1. Bryan Mekechuk, Monte Sereno
2026 Finance and Administration Committee (2 available seats)
1. Terry Hines, Campbell
2. Margaret Abe-Koga, County of Santa Clara
2026 Audit Committee (2 available seats)
1. Dat Nguyen, Morgan Hill*
*Finance Director for Morgan Hill nominated by Dir. Martinez Beltran Chair Klein opened Public Comment.
No speakers.
Chair Klein closed Public Comment.
Chair Klein inquired if there were other members interested in joining a committee; there were none.
MOTION: Alternate Director Walia moved and Director Martinez Beltran seconded the motion to approve the additional members to serve on SVCE’s 2026 committees as presented by staff.
Board members provided comments on the importance of serving on committees, appreciation for individuals interested and willing to serve on committees, importance of succession planning, and committee make up.
The Board discussed a potential future agenda item for the Executive Committee to consider review and potential modification of SVCE’s Operating Rules and Regulations to address if one person can serve on all committees and consideration of terms of service on committees for succession planning purposes.
The motion carried by roll call vote with Director Hilton and Director Tyson absent. 4) Authorize the Chief Executive Officer to Amend Existing Power Purchase Agreement with Coso Geothermal Power Holdings, LLC and Modify Authorization for Fish Lake Geothermal, LLC for Geothermal Energy (Action)
Zak Liske, Deputy Director of Power Resources, presented a request for the Board to delegate authority to the CEO to make changes to the quantity and dollar authority for two existing geothermal agreements:
Coso Geothermal Power Holdings, LLC, and Fish Lake Geothermal, LLC, via California Community Power (CC Power). Deputy Director of Power Resources Liske reviewed current terms for both projects, proposed power purchase agreement (PPA) terms and amendments, and timeline for next steps.
Staff responded to questions and comments on projected energy use, scarcity of geothermal resources, the three-year extension needed for the Fish Lake project, how the Fish Lake project is permitted, the cost structure of the projects, cost relative to the geothermal portion of SVCE’s portfolio, total geothermal
of SVCE’s load, clarification on the authority being requested, and importance of confidentiality for negotiations.
The Board discussed the redactions of confidential information in the agreements included in the published meeting packet and purpose for those redactions; CEO Padilla noted all agreements are accessible to Board members by contacting Board Clerk Pizano.
Chair Klein opened Public Comment.
Bruce Karney commented on the non-public information of the Power Charge Indifference Adjustment (PCIA) calculation, appreciation for the Brown Act and transparency in meetings, and importance of keeping confidential documents confined.
Chair Klein closed Public Comment.
MOTION: Director Mekechuk moved and Vice Chair Meadows seconded the motion for the Silicon Valley Clean Energy Board of Directors to delegate authority to the Chief Executive Officer to make changes to the quantity and dollar authority for two existing geothermal agreements as follows:
1. Coso Geothermal Power Holdings, LLC
a) Finalize negotiations and execute Amended and Restated Renewable PPA between SVCE and Coso
b) Delivery term extended by 5 years for a new total term of 20 years with an end date of 12/31/2041
c) Increase contract capacity by a minimum of 2.5 MW and maximum of 5.5 MW, for a new expected quantity of 31.32 MW starting January 1, 2028; and d) Increase the spending authority by $121,246,000 for a new not-to-exceed amount of $452,000,000
2. Fish Lake Geothermal, LLC, via CC Power
a) Increase the contract capacity quantity by 1.19 MW for a new maximum of 3.47 MW; and
b) Increase the spending authority by $25,000,000 for a new not-to-exceed amount of $55,000,000
The motion carried by roll call vote with Director Hilton and Director Tyson absent. 5) Understanding Your Bill and Clean Energy Mailings (Informational) Peyton Parks, Energy Services Manager, and Pamela Leonard, Deputy Director of Marketing and Communications, presented information on customer energy bills and required communications. Energy Services Manager Parks reviewed the following: a sample customer energy bill and charges shown, SVCE’s generation charges, explained the transmission and distribution charges, reviewed a breakdown of the residential electricity rate, shared an example calculation of customer cost savings, and noted solar customers have unique billing situations. Deputy Director of Marketing and Communications Leonard outlined the various notifications sent to customers including new move-in notices, then annual joint rate mailer, and the annual power content label.
Staff responded to questions and comments on bill calculation clarifications, the complexity of solar bills, if PG&E decides what the bill looks like, if PG&E bills are similar to Southern California Edison or San Diego Gas and Electric bills, if the California Public Utilities Commission (CPUC) regulates what the bill
looks like, how customer communications are sent (digital vs. hard copy), power content label breakdowns and products listed, interest in learning more about solar, the breakdown of the residential electricity rate slide being very useful, PCIA portion of the bill, what customer usage the sample bill presented was based on, income qualified programs, and if there are resources to share on how customers can read their bills.
Chair Klein opened Public Comment.
Bruce Karney provided comments on why customers may think SVCE is an additional charge on their bills, his hope that the billing modernization effort will make it not happen anymore, inquired if bills can be emailed, and inquired how many customers auto-pay their bills.
Chair Klein closed Public Comment.
Board Member Announcements and Future Agenda Items
This item was not heard.
Public Comment on Closed Session
There were no speakers.
Chair Klein announced the Board would convene to Closed Session and return to report out.
The Board convened to Closed Session at 11:48 a.m.
Closed Session
Conference with Legal Counsel – Pending Litigation
Pending litigation pursuant to paragraph (1) of subdivision (d) of Gov. Code Section 54956.9: (Silicon Valley Clean Energy and Central Coast Community Energy v Origis USA LLC; San Luis West Solar LLS; and Does 1 Through 10, inclusive, Case No. 3:25-cv-09319) The Board returned from Closed Session at 12:54 p.m.
Report from Closed Session
Chair Klein announced there was nothing to report.
Adjourn
Chair Klein adjourned the meeting at 12:55 p.m.
ATTEST:
________________________
Andrea Pizano, Board Secretary