PENINSULA CORRIDOR JOINT POWERS BOARD
1250 San Carlos Avenue
San Carlos, CA 94070 (650) 508-6200
July 25, 2025
Shawn Marshall
Chief Executive Officer
Peninsula Clean Energy
2075 Woodside Rd
Redwood City, CA 94061
Lori Mitchell
Director
San Jose Clean Energy
200 E. Santa Clara St.
San José, CA 95113
Re: Support for Caltrain Rate Amendment
Dear Ms. Marshall and Ms. Mitchell,
On behalf of the Peninsula Corridor Joint Powers Board (Caltrain), I am writing to express our gratitude to our Community Choice Aggregator (CCA) partners, Peninsula Clean Energy (PCE) and San Jose Clean Energy (SJCE), for your incredible support of public transit and to voice our support for the rate amendments before your respective Board and City Council regarding Caltrain’s regenerative braking energy. Caltrain could not be where it is today, up 75% in ridership over last year, without your help in supplying 100% renewable energy to power the electrification of Caltrain. Our collaboration not only helps improve air quality, but also demonstrates the power of community-facing organizations working together to benefit the public.
We deeply appreciate the work of your staff to develop an option to compensate Caltrain for the energy our trains regenerate and send back to the grid. Caltrain is supportive of the proposed flat interim credit of $0.06/kWh effective no later than November 1, 2025 followed by transitioning those credits to standard Net Billing Tariff Floating Vintage Generation rates when Solar Billing Plan becomes available to non-residential customers. This compensation framework reflects a thoughtful, phased approach that values Caltrain’s energy exports while minimizing unnecessary administrative burden to the CCAs .
With the approval of this rate amendment by the PCE Board and and San José City Council, BOARD OF DIRECTORS 2025
STEVE HEMINGER, CHAIR
RICO E. MEDINA, VICE CHAIR
MARGARET ABE-KOGA
PAT BURT
DAVID CANEPA
DAVID COHEN
JEFF GEE
SHAMANN WALTON
MONIQUE ZMUDA
M
ICHELLE BOUCHARD
EXECUTIVE DIRECTOR