Update: The City Council date for SVP’s proposed rate adjustment has changed. The item is now scheduled for Dec. 16, 2025 (previously Dec. 9). Silicon Valley Power (SVP) will propose a 4% rate increase, planned to take effect in January 2026.

This adjustment is necessary to manage rising material and construction costs, support new infrastructure projects, and maintain reserves as Santa Clara continues to grow. Even with the proposed increase, Santa Clara’s electricity rates will remain among the lowest for California utilities serving more than 10,000 customers.

This rate adjustment is essential to maintaining a reliable and resilient power system for the community.

For those looking to manage energy usage and lower electric bills, SVP offers a variety of online resources, including appliance rebates, energy-saving tips, and a Tool Lending Library to measure plug loads from devices like televisions, gaming consoles, and computers. Visit SiliconValleyPower.com/Residents for more information.

Income-qualified customers may be eligible for a rate discount of up to 40%. Learn more and review eligibility requirements at SiliconValleyPower.com/Assist.