Addressing Com m unity Needs in Challenging Tim es Don Bray - - PowerPoint PPT Presentation

Addressing Com m unity Needs in Challenging Tim es

Don Bray Director, Account Services and Com m unity Relations July 2 0 2 0

Cam pbell | Cupertino | Gilroy | Los Altos | Los Altos Hills | Los Gatos | Monte Sereno Milpitas | Mountain View | Morgan Hill | Santa Clara County | Saratoga | Sunnyvale

Mission: reduce dependence on fossil fuels by providing clean, affordable and reliable electricity, and innovative local programs

Silicon Valley Clean Energy

Com m unity & I ndustry I m pact

2 7 0 ,0 0 0 + homes and businesses receiving carbon-free electricity $ 5 5 + m illion in customer savings since SVCE’s start 1 9 .8 % reduction in overall community emissions $ 6 + m illion annually to local electrification programs $ 1 + billion commitment to new renewables

Providing I m pact Moving Forw ard

Need/ Equity Speed Near-term Materiality Mission-Aligned Fairness Longer-term Value Seeking to Balance Multiple Goals in Light of COVI D

Program s in Response to COVI D-1 9 : Customer Relief & Community Resilience

$ 1 0 Million for Custom er Relief & Com m unity Resilience Program s

The programs include direct support for:

• Income-qualified CARE/ FERA customers
• .
• Local small businesses

.

• Contractor workforce through online electrification training

.

• Member communities through energy resilience projects

.

Program Outline

Program Estim ated $

Custom er Relief

1a) $100 bill credit to all residential CARE/ FERA customers $2.5 million 1b) $250 bill credit to qualifying and responding small business customers $1.0 million

W orkforce Relief

2a) Workforce Electrification Training with $500 stipend $1.0 million 2b) Workforce Home Electrification Installation $0.5 million

Com m unity Resiliency

3a) Resiliency Infrastructure Planning Support $1.0 million 3b) Resiliency Infrastructure Capital Project Support $4.0 million

1 a) Residential Bill Credits: $ 2 .5 Million

• $100 Bill Credit for Residential

CARE/ FERA customers

.

• Over 24,000 customer accounts

currently with CARE/ FERA

.

• Increments of $50 on-bill credits,

automatically applied for June & July statements

.

1 b) Sm all Business Bill Credits: $ 1 Million

• $250 Bill Credit for Small

Business commercial accounts

• 4,000 credits to businesses

who qualify and apply

.

• Letters sent to 10,000+

customers

2 a) W orkforce Relief Contractor Training: $ 1 .5 Million

• Provide $500 relief stipend to licensed

contractors, apprentices & journeymen upon completion of training

.

• Five self-paced online courses

focused on building electrification technologies

..

• Delivered through local community

college platform

2 b) W orkforce Relief I nstallation I ncentives: $ 0 .5 Million

• Allow participants in the training to

apply electrification knowledge

.

• Up to $3,000 incentive for

installation of batteries, heat pump water heaters or heat pump furnace

.

• Installation at their residence or

workplace

.

• Regional tools to aid communities in the

planning and technical aspects of resilience projects

.

• SVCE to provide centralized

contracting for partners providing assistance and planning

..

• Funding distributed based on load

allocation of member agencies

3 a) Com m unity Resilience Regional Planning & Technical Assistance: $ 1 Million

3 b) Com m unity Resilience Capital Support: $ 4 Million

• Local grants for shovel-ready resilience

projects

.

• Projects can include energy storage,

mirco-batteries, capacity etc.

..

• Funding distributed based on load

allocation of member agencies

Questions?