Cities Index.
Residential Electrical Rates Comparison

City Council and Authorities Concurrent
October 6, 2026

Document
Residential Electrical Rates Comparison
Meeting
October 6, 2026
Body
City Council and Authorities Concurrent
Original file
303 KB
Text extracted from the city's file for reading and search. Open the original on santaclara.legistar1.com. That file is the official record.

Residential Rate Comparison
SVP keeps residential rates broadly in line with the national average and significantly lower than PG&E.

Residential Electricity Rates Lower rates
1005 - 2024 | $/kWh
SVP residential rates are consistently

0.45 lower than other Bay Area electric utility
PG&E $0.396

0.4 providers.

0.35 Rates near national average

0.3 • SVP residential rates are in line with the

0.25 national average and are among the

0.2 U.S. Avg.
lowest in California.
$0.167

0.15 SVP $0.165

0.1 SVP and PG&E

0.05 4 • At $O. 16688/kWh, SVP is about 58%
lower than PG&E's $0.3962/kWh, a
2005 2010 2015 2020 2023 2024
savings of 22.93¢ per kWh.
- SVP -Alameda | - National Average - SMUD Roseville Palo Alto -PG&E Other municipal and national-average values are approximate. Source data pending. SVP's 2024 rate uses the supplied $0.16688/kWh.|

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