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SVCE sunsets E‑Elect 1, adopts E‑Elect 2 pilot with $3.5M budget to steer electrification load
Summary
The board voted to end the current E‑Elect 1 rate pilot effective July 1, 2025, and to establish an E‑Elect 2 rate pilot program with a $3.5 million budget focused on incentivizing load shifting to mid‑day (9 a.m.–3 p.m.). SVCE staff said the new pilot aims to reach roughly 5,000 customers and launch in January 2026.
Silicon Valley Clean Energy’s board adopted a resolution to end the current E‑Elect 1 electrification discount pilot effective July 1, 2025, and to establish an updated E‑Elect 2 pilot program with $3,500,000 of dedicated funding to run through the next five years. The board approved the action by roll call vote.
Staff summarized lessons from E‑Elect 1 — a two‑and‑a‑half year pilot initially funded at $9.5 million — and said roughly 85 percent of that earlier budget remains (about $8,000,000). Staff said E‑Elect 1 delivered average customer savings of about $15 per month for enrolled customers but that 80 percent of enrollees…
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