CUSTOMER ACCOUNTS (YEAR END)
SERVICE AREA POPULATION
EMPLOYEES (YEAR END)
The 2023 annual report highlights the industry-leading advancements we’ve made in delivering on our commitments to eliminate carbon from our power supply by 2030, our focus on collaboration and partnerships while delivering world-class reliability, with rates among the lowest in California.
With the Board’s leadership, we continued to take bold action on our 2030 Zero Carbon Plan, leading the way with new clean energy projects, emerging technologies, innovation and partnerships, all while keeping equity front and center so that all the customers and communities we serve are included in a clean energy future.
Building a movement toward a bold clean energy future
CEO & General Manager Paul Lau led SMUD in demonstrating strong leadership, adaptability and innovation to address the ever-evolving complexities of our industry and customer expectations, making exciting advances toward our bold goal of zero carbon by 2030.
Paul Lau, SMUD CEO and General Manager
Creating momentum through partnership and innovation
Since we began our journey to zero, we knew we had the proven technology to reduce carbon emissions by 90% – eliminating that last 10% would require bold actions and new technologies. By expanding partnerships and prioritizing innovation in 2023, we’re closing the gap.
Ensuring all our customers benefit from a clean energy future
Our commitment to eliminating zero carbon is firmly anchored in our pledge to do so equitably. In 2023, we partnered with our customers in entirely new ways to help all communities take action and see themselves as part of our clean energy future.
Keeping the guardrails of safety, reliability and affordability on our journey to zero
In 2023, we made major progress on projects that support load growth and grid reliability so that as we eliminate carbon, we continue to deliver on our commitments of safety, reliability and affordability.
