REPORT TO COUNCIL
SUBJECT
Title
Note and File the Report on the Silicon Valley Power (SVP) 2024 Power Content Label (PCL), Designed to Provide SVP Customers With Information Regarding the Sources of Energy Used to Provide Them Electric Services
Report
BACKGROUND
The Power Source Disclosure Program (PSD Program) was established by Senate Bill (SB) 1305 (Stats. 1997, ch. 796) in an effort to provide retail electricity consumers "accurate, reliable, and simple to understand information on the sources of energy that are used to provide electric services." AB 1110 (Stats. 2016, ch. 656) made significant updates to the PSD Program and the Power Content Label. It requires electricity retail suppliers to disclose the greenhouse gas (GHG) emissions intensity (i.e., the rate of emissions per unit of electricity) associated with their energy portfolios beginning with the 2020 reporting year. AB 1110 also required the California Energy Commission (CEC) to develop a reporting format for disclosing unbundled California eligible renewable energy credits (RECs) as a percentage of annual retail sales to be shown as an offset., not as delivered renewable power. The format which the CEC developed is called the Power Content Label (PCL). As an electricity retail supplier, Santa Clara's Electric Department, Silicon Valley Power (SVP), is required to input this information into the PCL.
AB 1110 also requires electricity retail suppliers, like the City, to disclose to customers the types of resources used to generate the electricity they purchase. This information is also reported in the PCL. SVP's Power Source Disclosure Report, which is audited by a third-party and submitted to the CEC, provides the data used to create the PCL. Prior to October 1st of each year, SVP is required to notify customers about the availability of the PCL and provide a link to SVP's website where the PCL is posted.
DISCUSSION
The 2024 SVP PCL (Attachment A) has been submitted to the CEC and conta...
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