Silicon Valley Clean Energy Receives Strong Financial Audit
Cupertino, Calif. – On February 12 Pisenti & Brinker, LLP reported clean and unmodified financial audit results to the Silicon Valley Clean Energy Board of Directors.
“Our audit is complete and we report an unmodified opinion,” said Beth Samit of Pisenti & Brinker, LLP. “Based on our audit the financial statements are materially accurate, no significant deficiencies or material weaknesses in internal control were identified.”
This is SVCE’s third clean and unmodified audit. SVCE has an independent firm perform an audit of the agency finances annually. Pisenti & Brinker has worked with multiple CCAs as well as other government entities.
“We pride the staff in being very creative to help us bend the carbon curve and change the world, but I’m even more proud that our financial staff has no creativity when it comes to the books and that we are by the numbers, as clean and pure as we can be,” said Chair Howard Miller, City of Saratoga Mayor.
SVCE is proud to continue into 2020 with transparent and strong financial standings.
About Silicon Valley Clean Energy
Silicon Valley Clean Energy is a community-owned agency serving the majority of Santa Clara County communities, acquiring clean, carbon-free electricity on behalf of more than 270,000 residential and commercial customers. As a public agency, net revenues are returned to the community to keep rates competitive and promote clean energy programs. Member jurisdictions include 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 is guided by a Board of Directors, which is comprised of a representative from the governing body of each member community. For more information, please visit SVCleanEnergy.org.
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