California Climate Credit: A Credit on Electric Bills to Combat Climate Change
Millions of Californians to Receive Credit on Electric Bill
Millions of Californians will receive a credit on their electric bill in the next few weeks as part of the state’s efforts to fight climate change. The California Climate Credit will appear automatically on customers’ bills, which will likely be the one for October. Depending on the utility and how high the bill is, the credit may pay for all of the bill or at least reduce the amount.
About the Credit
The credit is part of the state’s cap and trade program, which was introduced nearly two decades ago and is focused on reducing the state’s overall greenhouse gas emissions. As part of the program, several utilities issue gas and electric credits to customers. The natural gas credits typically arrive in April and electric credits in April and October.
Amount of the Credit
The amount a customer receives depends on which utility provides their electricity. According to the California Public Utilities Commission, the October 2024 credit amounts will be:
Utility | Credit |
PG&E | $55.17 |
SCE | $86 |
SDG&E | $78.22 |
Bear Valley | $32.24 |
Liberty | $131.01 |
Pacific Power | $174.25 |
What to Do if You Don’t Receive the Credit
According to the CPUC, a customer must contact their utility if they do not receive the credit.
Next Credit Distribution
The amounts of the credits this October are the same as the amounts that were distributed in April of this year. The next credits will be distributed in April of 2025, and those will be for electric and gas bills.
Conclusion
The California Climate Credit is a step towards reducing the state’s greenhouse gas emissions and combating climate change. By providing a credit on electric bills, the state is encouraging customers to take part in the cap and trade program and contribute to the state’s efforts to reduce its carbon footprint.
Frequently Asked Questions
Q: Who will receive the California Climate Credit?
A: More than 11.5 million households and more than 1 million small businesses will receive the credit.
Q: When will the credit appear on my bill?
A: The credit will appear automatically on your bill, likely the one for October.
Q: How much will I receive?
A: The amount you receive depends on which utility provides your electricity. The amounts can be found in the table above.
Q: What if I don’t receive the credit?
A: If you don’t receive the credit, you should contact your utility.