Your Guide to the California Climate Credit: What You Can Expect on Your Electric Bill

Your Guide to the California Climate Credit What You Can Expect on Your Electric Bill

MJP –

Millions of Californians will get 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.

According to the governor’s office, more than 11.5 million households and more than 1 million small businesses will receive the credit.

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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.

Part of the program requires that several utilities issue gas and electric credits to customers. The natural gas credits typically arrive in April and electric credits in April and October.

Your Guide to the California Climate Credit What You Can Expect on Your Electric Bill

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:

UtilityCredit
PG&E$55.17
SCE$86
SDG&E$78.22
Bear Valley$32.24
Liberty$131.01
Pacific Power$174.25

According to the CPUC, a customer must contact their utility if they do not receive the credit.

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.

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