Peninsula Clean Energy is expanding to Los Banos, the latest sign of the growing influence of Community Choice Aggregation (CCA) agencies in the Central Valley and statewide.
By officially joining with Peninsula Clean Energy, Los Banos homes and businesses will take advantage of electricity rates that are 5 percent lower than PG&E’s. Los Banos residents will also start receiving power from solar power generated by the 200-megawatt Wright Solar Project, which is located just outside the city’s boundaries and generates power exclusively for Peninsula Clean Energy customers. Los Banos residents will benefit from Peninsula Clean Energy’s suite of community programs and the agency’s goal of providing electricity that is 100% carbon-free by 2021 and 100% renewable on a 24/7 basis by 2025.
“Peninsula Clean Energy’s expansion to Los Banos is incredibly exciting. They have been a great community partner for San Mateo County and the residents of my Assembly district from the beginning,” Assemblymember Kevin Mullin said. “Not only will Los Banos residents have the opportunity to choose who provides their energy, they will have a tremendous community partner, committed to providing clean energy at lower cost, which is a win-win for everyone.”
“We’re really excited to be the first in Merced County to join a CCA,” Los Banos Mayor Mike Villalta said. “This seems like the perfect fit and gives our residents and businesses a choice on who generates their electricity, especially with the Wright Solar farm being right in our backyard.”
“Los Banos can showcase how the Central Valley and many more customers statewide can benefit from the unparalleled clean and affordable power and community reinvestment that CCAs have been building across the state,” Peninsula Clean Energy CEO Jan Pepper said. “It’s also only fitting that the same area generating vital greenhouse gas-free electricity to San Mateo County has the opportunity to use it as well to power their homes and businesses.”
Peninsula Clean Energy will begin sending power to Los Banos in 2022 and become the second CCA to serve the Central Valley. East Bay Community Energy will begin service in San Joaquin County in 2021.
About Peninsula Clean Energy
Peninsula Clean Energy is a Community Choice Aggregation agency and the official electricity provider for San Mateo County. Founded in 2016 with a mission to reduce greenhouse gas emissions in the county, the agency serves 295,000 customers by providing more than 3,500 gigawatt hours annually of electricity that is 95% carbon-free and at lower cost than PG&E. As a community-led, not-for-profit agency, Peninsula Clean Energy makes significant investments in our communities to expand access to sustainable and affordable energy solutions. Peninsula Clean Energy is on track to deliver electricity that is 100% carbon-free by 2021 and 100% renewable on a 24/7 basis by 2025. The agency has earned investment grade credit ratings from Moody’s and Fitch.
Peninsula Clean Energy