In addition to running its own electric provider, Silicon Valley Power, the city of Santa Clara is recognized for its efficient use of energy. The Donald Von Raesfeld (DVR) Power Plant has been a local powerhouse since 2005, generating 147 megawatts of electricity for the city and its residents. Amazingly, Santa Clara's electricity rates are less expensive than those in Northern California, where the main competitor, Pacific Gas and Electric, charges. According to the city's 2022 Annual Comprehensive Financial Report, some of Santa Clara's largest employers include Applied Materials, Intel, AMD, California's Great America, Nvidia, Dell, Santa Clara University, the City of Santa Clara, SVB Financial Group, and Macy's.