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Generated summaryAI-assisted
The memorandum outlines recommendations for the 2026 Power Content and Rates for San José Clean Energy (SJCE). It proposes maintaining the renewable energy content of GreenSource at 62% and setting rates effective March 1, 2026. The recommendations include continuing TotalGreen at a premium and maintaining SJ Cares at a discount to GreenSource rates. The resolution aims to offer the same service options in 2026 as in 2025, with projected generation charges lower than Pacific Gas and Electric (PG&E) rates. However, due to increased costs, SJCE will need to utilize reserves to cover operating expenses.
Key points
The recommended rates will maintain GreenSource at 62% renewable energy.
TotalGreen will remain at $0.01 per kilowatt-hour above GreenSource.
SJ Cares will maintain a 10% discount to GreenSource rates.
The resolution aims to provide the same service options in 2026 as in 2025.
Projected generation charges for GreenSource will be approximately 3% lower than current PG&E rates.
SJCE will need to utilize approximately $108 million of reserves due to increased costs.
Limitations
The text contains unresolved placeholders for attachments A, B, and C.
Some financial figures and projections are not fully detailed.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 196,861 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: 2026 Power Content and Rates Approved 2/10/26 26-111 6.1 FROM: Lori Mitchell DATE: January 20, 2026 Date: 1/29/26 COUNCIL DISTRICT: Citywide RECOMMENDATION Adopt a resolution: (a) (b) (c) Maintaining the renewable energy content of GreenSource at 62% renewable and set rates according to the rate schedule in Attachment A, effective March 1, 2026; Continuing to set the rate for TotalGreen to $0.01 per kilowatt-hour above GreenSource for all rate schedules according to the rate schedule in Attachment B, effective March 1, 2026, and maintain the renewable energy content of TotalGreen at 100% renewable; and Maintaining the renewable energy content of SJ Cares at 62% renewable and set rates at a 10% discount to GreenSource rates, according to the rate schedule in Attachment C, effective March 1, 2026. SUMMARY AND OUTCOME Approving the resolution will result in San José Clean Energy (SJCE) offering the same service options in 2026 that were available in 2025. GreenSource is SJCE’s standard service and will maintain 62% renewable energy as a percentage of retail load. Generation charges for GreenSource service...
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Generated summaryAI-assisted
The source text indicates this attachment appears to be a draft document.
This document is a draft resolution from the City Council of San José regarding the maintenance and adjustment of renewable energy rates for San José Clean Energy (SJCE) services, effective March 1, 2026. It outlines the renewable energy content for GreenSource, TotalGreen, and SJ Cares, along with the corresponding rate schedules. The resolution aims to continue offering the same service options in 2026 as in 2025, with specific adjustments to rates based on a cost-of-service methodology.
Key points
The resolution maintains GreenSource at 62% renewable energy and sets rates according to Attachment A.
TotalGreen will remain at 100% renewable energy, priced at $0.01 per kilowatt-hour above GreenSource rates.
SJ Cares will maintain 62% renewable energy and set rates at a 10% discount to GreenSource rates.
The resolution is based on previous approvals and studies related to SJCE's cost-of-service rates.
The document indicates significant increases in the Power Charge Indifference Adjustment (PCIA) in 2026.
Limitations
The document contains unresolved placeholders such as the resolution number and adoption date.
Specific details in Attachments A, B, and C are not fully provided in the text.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 184,228 chars
SAW:BCK:DJF 1/26/26 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE TO (A) MAINTAIN THE RENEWABLE ENERGY CONTENT OF GREENSOURCE AT 62% RENEWABLE AND SET RATES ACCORDING TO THE RATE SCHEDULE IN ATTACHMENT A, EFFECTIVE MARCH 1, 2026, (B) CONTINUE TO SET THE RATE FOR TOTALGREEN TO $0.01 PER KILOWATT-HOUR ABOVE GREENSOURCE FOR ALL RATE SCHEDULES ACCORDING TO THE RATE SCHEDULE IN ATTACHMENT B, EFFECTIVE MARCH 1, 2026, AND MAINTAIN THE RENEWABLE ENERGY CONTENT OF TOTALGREEN AT 100% RENEWABLE, AND (C) MAINTAIN THE RENEWABLE ENERGY CONTENT OF SJ CARES AT 62% RENEWABLE AND SET RATES AT A 10% DISCOUNT TO GREENSOURCE RATES, ACCORDING TO THE RATE SCHEDULE IN ATTACHMENT C, EFFECTIVE MARCH 1, 2026 WHEREAS, the City Council of the City of San José (“City”) unanimously approved the formation of San José Clean Energy (“SJCE”) in May 2017, and SJCE launched service to most San José businesses and residents in February 2019; and WHEREAS, on November 7, 2022, the Transportation and Environment Committee accepted a summary report of SJCE’s cost-of-service study. Adopting cost-of-service rates was one of the recommendations in the December 2021 report by Deloitte &...
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The file was imported, but the current source metadata does not include a public document URL.
Generated summaryAI-assisted
The document outlines a staff recommendation for the City Council regarding renewable energy rates for 2026. It suggests maintaining the renewable energy content of GreenSource at 62%, setting rates effective March 1, 2026, and continuing to set TotalGreen rates at $0.01 above GreenSource. It also recommends maintaining SJ Cares at 62% renewable content with a 10% discount to GreenSource rates. The presentation includes financial projections indicating lower rates compared to PG&E and highlights the impact of PCIA costs on customer rates.
Key points
GreenSource renewable energy content to remain at 62%.
TotalGreen rate to be set at $0.01 per kilowatt-hour above GreenSource.
SJ Cares to maintain 62% renewable content with a 10% discount to GreenSource rates.
Customers will pay $92 million less for SJCE generation service.
GreenSource rates will be 3% lower than PG&E.
SJCE accessing $108 million in reserves to offset PCIA costs.
Limitations
The text includes unresolved placeholders for attachments and specific rate schedules.
The document does not provide specific dollar amounts for the GreenSource generation charges.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 3,810 chars
2026 POWER CONTENT AND RATES Lori Mitchell, Director Zach Struyk, Assistant Director City Council February 10, 2026 STAFF RECOMMENDATION Adopt a resolution: • Maintaining the renewable energy content of GreenSource at 62% renewable and set rates according to the rate schedule in Attachment A, effective March 1, 2026; • Continuing to set the rate for TotalGreen to $0.01 per kilowatt-hour above GreenSource for all rate schedules according to the rate schedule in Attachment B, effective March 1, 2026 and maintain the renewable energy content of TotalGreen at 100% renewable; and • Maintaining the renewable energy content of SJ Cares at 62% renewable and set rates at a 10% discount to GreenSource rates, according to the rate schedule in Attachment C, effective March 1, 2026. Lori Mitchell, Director Zach Struyk, Assistant Director 1 RECOMMENDATION SUMMARY 2026 GreenSource generation charges including PG&E costs: • 18% lower (and 27% lower since 2024) $ • Customers will pay $92 million less for SJCE generation service • GreenSource rates will be 3% lower than PG&E • Reduce operating reserves by $108M • Through long-term planning, SJCE shields customers from PG&E's PCIA volatility. 2...