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City Council Approves 4% SVP Rate Adjustment Effective January 2026
On December 16, 2025, the Santa Clara City Council approved a 4% Silicon Valley Power (SVP) rate adjustment, which will take effect in January 2026.
This approved rate increase will help SVP manage rising material and construction costs, support critical infrastructure projects, and maintain appropriate reserves as Santa Clara continues to grow. These investments are essential to maintaining a safe, reliable, and resilient electric system for our community.
Even with this adjustment, Santa Clara’s electricity rates will remain among the lowest of California utilities serving more than 10,000 customers.
SVP is committed to helping customers manage energy use and control costs. A variety of tools and programs are available, including:
Learn more at SiliconValleyPower.com/Residents.
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Would a Discount Help?
Income-qualified customers may be eligible for a rate discount of up to 40%. Learn more and see eligibility requirements at SiliconValleyPower.com/Assist.
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