HomeMy WebLinkAboutStaff Report 2509-5167CITY OF PALO ALTO
CITY COUNCIL
Monday, September 08, 2025
Council Chambers & Hybrid
5:30 PM
Agenda Item
6.SUPPLEMENTAL INFORMATION: Approve Amendment #1 of the Memorandum of
Agreement (MOA) with the California Alternate Energy and Advanced Transportation
Financing Authority (CAEATFA), to Extend the Term of the Agreement from Two Years to
Five Years, to Continue to Enable the Residents of Palo Alto to Participate in the GoGreen
Home Energy Financing Program.
Item No. 6. Page 1 of 2
City Council
Supplemental Report
From: Alan Kurotori, Director Utilities
Meeting Date: September 8, 2025
Item Number: 6
Report #:2509-5167
TITLE
SUPPLEMENTAL INFORMATION: Approve Amendment #1 of the Memorandum of Agreement
(MOA) with the California Alternate Energy and Advanced Transportation Financing Authority
(CAEATFA), to Extend the Term of the Agreement from Two Years to Five Years, to Continue to
Enable the Residents of Palo Alto to Participate in the GoGreen Home Energy Financing
Program.
ANALYSIS
As referenced in the original report, the Utilities Advisory Commission (UAC) reviewed this item
at its September 3, 2025 meeting; this supplemental memo summarizes their review. The
Commission approved the motion to recommend to Council the extension of the MOA by three
additional years, voting 5-0, with 2 members absent.
UAC inquired whether contractors found the process of receiving payment at the end of projects
to be burdensome. Staff acknowledged that some concerns had been raised, however, over 100
participating contractors within Santa Clara County have agreed to the payment terms of the
GoGreen Program.
Mayor Lauing, serving as the Council Liaison to the UAC, asked whether continuation of the
program was warranted given that only one customer had participated over the past two years.
Staff anticipates greater potential participation with the 2025 launch of the whole-home
electrification customer program as a mechanism to fund higher cost home electrification
projects. Staff emphasized that it would be premature to discontinue the program at this time.
Staff also noted that the CAEATFA loan guarantee program had a lower startup administration
cost than initially projected. This program provides residents with a financing option that is
offered by PG&E and other electric utilities. Furthermore, the program is funded with restricted
Natural Gas Cap-and-Trade revenues, and not through ratepayer revenues.
APPROVED BY:
Alan Kurotori, Director Utilities
Staff: Jonathan Absendschein, Assistant Director, Climate Action, Publics Works
Staff: Shiva Swaminathan, Senior Resource Planner
Item No. 6. Page 2 of 2