3 days Ago By PRNewswire
California's Cap-and-Trade Program Continues to Reduce the State's Reliance on Fossil Fuels and Benefit PG&E Customers OAKLAND, Calif. , Sept. 16, 2024 /PRNewswire/ -- In October, millions of residential and eligible small business customers will receive the California Climate Credit on their Pacific Gas and Electric Company (PG&E) electric bill.
Customers do not need to do anything to receive the credit. Residential households with an active electric account will receive an electric credit of $55.17 , the same amount they received in the spring.
The twice-a-year electric credit was first delivered in April, in addition to an annual natural gas credit of $85.46 for residential customers with a natural gas account. Combined-use customers' total bill credits for 2024 is $195.
80 . Eligible small business customers will receive the electric credit in October, bringing their total bill credits for 2024 to $110.34 .
"This credit is a 'win-win' for our customers. The California Climate Credit helps reduce customers energy bills and our state's greenhouse gas emissions," said Vincent Davis , PG&E Senior Vice President, Customer Experience. The California Climate Credit is part of the state's efforts to fight climate change and is distributed by PG&E to customers as directed by the California Public Utilities Commission (CPUC).
The California Climate Credit is a direct result of the state's nation-leading Cap-and-Trade Program that requires polluters to pay for climate pollution. The bill credit is designed to help utility customers during the transition to a more sustainable future . In addition to the California Climate Credit, customers are encouraged to explore other ways to save energy, reduce costs on monthly bills, and contribute to building a sustainable future.
Income-eligible Assistance Programs California Alternate Rates for Energy : provides a monthly discount of 20% or more on gas and electricity bills. Family Electric Rate Assistance (FERA) : provides a monthly discount of 18% on electricity for households of three or more people. Energy Savings Assistance (ESA) : provides energy-savings improvements at no charge.
Low Income Energy Assistance Program (LIHEAP) : a federally funded assistance program overseen by the state that offers a one-time payment up to $1,000 on past due bills to help low-income households pay for heating or cooling in their homes. Other programs include Medical Baseline , which offers a lower monthly rate for customers with certain medical conditions. For more ways to manage your monthly bills and prepare your home for cooler temperatures visit: Save Energy & Money .
About PG&E Pacific Gas and Electric Company, a subsidiary of PG&E Corporation PCG , is a combined natural gas and electric utility serving more than sixteen million people across 70,000 square miles in Northern and Central California . For more information, visit pge.com and pge.
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