Silicon Valley Clean Energy outlines $130 million electrification push, readies financing pilot and multifamily charging pilots

Silicon Valley Clean Energy manager Nippur Hyrmath told the Sunnyvale Sustainability Commission on Feb. 24 that SVCE has committed about $130 million to customer programs and $34 million targeted to income-qualified households.

Hyrmath said SVCE serves 13 member agencies in Santa Clara County and provides clean electricity to nearly 96% of residents and businesses in its service territory. "We are providing clean electricity to nearly 96% of the residents and businesses within our service territory," she said.

The presentation emphasized two tracks: customer programs that help residents and businesses electrify, and policy work that helps scale those programs. Hyrmath said SVCE has invested roughly $10 million in member agencies and launched another $10 million in 2024 to support municipal decarbonization, planning and permitting assistance.

SVCE described a wide program portfolio and recent activity: about 35 programs are active or in planning; the agency says it has committed $130 million to customer programs, with $34 million reserved for income-qualified customers. SVCE reported more than $5.5 million deployed through rebates to date, and that it has exceeded 1,000 installations each for heat-pump water heaters and heat-pump HVAC systems. The agency also said there…