Silicon Valley Clean Energy

📍 Sunnyvale, United States🗓 Founded 2016👥 82 employees💰 Last funded Feb 2019
Motivated by a common interest in taking bold and effective climate action, twelve Santa Clara County communities came together in March 2016 to form Silicon Valley Clean Energy (SVCE), a Community Choice Energy agency. SVCE sources clean, competitively-priced electricity on behalf of residents and businesses in the participating jurisdictions of Campbell, Cupertino, Gilroy, Los Altos, Los Altos Hills, Los Gatos, Milpitas, Monte Sereno, Morgan Hill, Mountain View, Saratoga, Sunnyvale and unincorporated Santa Clara County. SVCE sources carbon-free electricity, at a lower cost – allowing our communities to make large-scale reductions in emissions, while saving residents and businesses money at the same time. In addition, SVCE will advance programs for efficiency, demand management and fuel switching – to clean, carbon-free electricity in the place of fossil fuels used in transportation, buildings and infrastructure. SVCE maintains a full-time staff, and is governed by a public Board of Directors comprised of an elected official from each member community. Member communities also designate a board alternate. By law, the agency is funded through program revenues only, not local government budgets. All revenues are returned to the program and passed on to customers in the form of competitive rates, local clean energy projects and customer programs.
2
Total investors
1
Early stage
1
Mid stage
0
Late stage
2016
Founded
Investor geography1 country
United States
2
Frequently asked questions
Who invested in Silicon Valley Clean Energy?
Silicon Valley Clean Energy has 2 investors on record on gritt.io, including 1 early-stage backers, 1 mid-stage.
When did Silicon Valley Clean Energy last raise funding?
The most recent investment in Silicon Valley Clean Energy recorded on gritt.io was in February 2019.
When was Silicon Valley Clean Energy founded?
Silicon Valley Clean Energy was founded in 2016.
What industry is Silicon Valley Clean Energy in?
Silicon Valley Clean Energy operates in Utilities. Find similar Utilities investors on gritt.io.
Where is Silicon Valley Clean Energy based?
Silicon Valley Clean Energy is headquartered in Sunnyvale, United States.