The city of San Jose and PG&E have established a new plan to enhance energy reliability for large users, intending to boost investment and lower resident bills. After considering a municipal utility due to ongoing frustrations, they reached a deal focusing on infrastructure and performance obligations. The initiative outlines ten priority projects that promise substantial energy improvements, ultimately targeting nearly 2,000 MW for future demands. Mayor Matt Mahan emphasizes the need for a collaborative approach and binding agreements with PG&E to ensure effective energy service.
"What I've wanted to explore since taking office is a reset of our relationship with PG&E and what it would look like for us to partner more deeply and have real guarantees from PG&E related to performance."
"What this implementation framework - the first of its kind in PG&E territory - does is it creates a binding performance obligation related to speed uncertainty of power for large load customers."
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