Addressing Com m unity Needs in Challenging Tim es Don Bray Director, Account Services and Com m unity Relations July 2 0 2 0
Silicon Valley Clean Energy Mission: reduce dependence on fossil fuels by providing clean, affordable and reliable electricity, and innovative local programs Cam pbell | Cupertino | Gilroy | Los Altos | Los Altos Hills | Los Gatos | Monte Sereno Milpitas | Mountain View | Morgan Hill | Santa Clara County | Saratoga | Sunnyvale
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 Seeking to Balance Multiple Goals in Light of COVI D Need/ Equity Speed Near-term Materiality Mission-Aligned Fairness Longer-term Value
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 $ 1a) $100 bill credit to all residential CARE/ FERA $2.5 million customers Custom er Relief 1b) $250 bill credit to qualifying and responding small $1.0 million business customers 2a) Workforce Electrification Training with $500 stipend $1.0 million W orkforce Relief 2b) Workforce Home Electrification Installation $0.5 million 3a) Resiliency Infrastructure Planning Support $1.0 million Com m unity Resiliency 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 . o Over 24,000 customer accounts currently with CARE/ FERA . o 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 o 4,000 credits to businesses who qualify and apply . o 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 . o Five self-paced online courses focused on building electrification technologies .. o 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 . o Up to $3,000 incentive for installation of batteries, heat pump water heaters or heat pump furnace . o Installation at their residence or workplace .
3 a) Com m unity Resilience Regional Planning & Technical Assistance: $ 1 Million • Regional tools to aid communities in the planning and technical aspects of resilience projects . o SVCE to provide centralized contracting for partners providing assistance and planning .. o Funding distributed based on load allocation of member agencies
3 b) Com m unity Resilience Capital Support: $ 4 Million • Local grants for shovel-ready resilience projects . o Projects can include energy storage, mirco-batteries, capacity etc. .. o Funding distributed based on load allocation of member agencies
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