San Jose is in a precarious financial position. This paper identifies the reasons why, after over ten years of economic prosperity and several reform initiatives, our City’s ability to deliver core services residents deserve remains doubtful.
Mayor Liccardo has asked City staff in the Environmental Services Department to look into setting up a whole new department that will be dedicated to providing energy to residents, as a middle-man between residents and PG&E. It's called Consumer Choice Aggregation, and this new department, or company if you will, is called San Jose Clean Energy.
CFR and some of our associates have concerns about the SJCE business plan.
City of San Jose website lists some of the benefits (and none of the risks) at:
Final discussions will take place at the April 18, 2018 Council Meeting. Send your comments to the Council, or attend and tell them what you think. Staff will make a final recommendation at a May Council meeting, so watch the agendas.
CFR strongly asserts that all future city tax ballot measures must include the following stipulations in order to enhance the city's ability to be fiscally responsible and accountable to its citizens:
Proposed Stipulations on New Taxes