California’s Cap-and-Trade Program Continues to Benefit PG&E Customers through the California Climate Credit
OAKLAND, Calif. — In April, more than five million Pacific Gas and Electric Company (PG&E) customers will automatically receive the California Climate Credit on their energy bill.
Residential households with an active electric account will automatically receive an electric credit of $55.17, an increase from last year’s credit of $38.39. Residential households with an active gas account will automatically receive a credit of $85.46, an increase from the $52.78 credit in 2023. That is a total credit of $140.63 for customers receiving both gas and electric service from PG&E.
“This credit highlights our partnership with the state to champion environmental responsibility,” said Vincent Davis, Senior Vice President, Customer Experience. “It encourages sustainable practices, moving our communities toward a brighter, greener future.”
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). This credit is from the California Cap-and-Trade Program, which requires power plants, fuel providers, and large industrial facilities that emit greenhouse gases to buy carbon pollution allowances. The bill credit is designed to help utility customers during the transition to a low-carbon future.
Residential customers receive biannual electric credits during April and October, while natural gas customers receive an annual credit in April. Eligible small business customers receive identical electric credits, distributed twice a year. Both sets of customers will receive the second electric credit in October. PG&E will also distribute over $36 million to eligible industrial customers on behalf of the CPUC. Eligibility requirements and other details are online here.
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.
PG&E Assistance Programs for Income-eligible Customers
- California Alternate Rates for Energy (CARE): offers a discount of 20% or more each month on energy bills.
- Family Electric Rate Assistance (FERA): offers a monthly discount of 18% on electricity bills for households with three or more people.
- Energy Savings Assistance (ESA): provides energy-saving improvements at no charge.
- Relief for Energy Assistance through Community Help (REACH): offers a one-time energy credit of up to $1,000, doubling the previous amount of up to $500 based on past due balances. This is to help with sudden hardship and to prevent service disconnections.
- Low Income Home Energy Assistance (LIHEAP): a federally funded assistance program overseen by the state that offers a one-time payment to help low-income households pay for heating or cooling in their homes, provides emergency assistance in energy crises, and home weatherization.
PG&E’s Energy Efficiency DIY Tool Kit
Did you know you can lower energy bills and save money with PG&E’s Energy Efficiency DIY tool kit? With a $200 investment in energy-efficient materials, customers can save nearly $1,000 each year.
For more ways to manage your monthly bills, visit: Save Energy & Money.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: 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.com/news
You can read about PG&E’s data privacy practices at PGE.com/privacy
Previous Stories:
- Oct 7, 2023 – California Climate Credit Helps PG&E Customers Transition to Low-Carbon Future
- Feb 4, 2023 – California Climate Credit to Help Customers with High Winter Bills
- Feb 2, 2023 – CPUC Accelerates Climate Credit To Provide Utility Bill Support to Customers
13 comments
This whole scheme brings to mind the phrase “smoke and mirrors.”
I’m a senior citizen on a fixed income my rate increase is more than this one refund there is no justification for the huge rate hike they just got their many billions in profits while we struggle to pay the bills.
$ Gr$$dy Gu$lty Cr$dit &
Ooh don’t forget the 63 cents!
What a joke! Now I can pay my mortgage.
Dealing with the PG&E bill is frustrating. On my typical bill actual energy usage is about $150.00 a month. Then additional added charges transmission, maintenance, nuclear decommissioning (should be building nuclear plants), government programs etc,etc. Total bill $350.00.
So, tax the companies for “carbon credits”, return a portion to utility users hoping they will take initiative to lower gas and electricity use. Fancy robbing Peter to pay Paul. To cover the carbon credit costs PG&E raises rates. I would like to see exactly where the “Credits” fees are spent.
Screw Patti Poppe & PG&E
She made $51.2 million in comparison in 2021.
No wonder why our rates are going up yet again.
I can’t stand fu&e
They build dirty diesel generator backup facilities and yet advertise commercials on YouTube about how clean they are and protecting the environment.
They don’t care about carbon and warming
Why I didn’t get any discount on my statement!
I have been working with PG&E for more than 22 years, different accounts but two different addresses!
I used a lot of the gas and electric per month!
I’m wondering how I can be eligible for the battery program.Since I am under a medical baseline and I also am wondering how can I qualify for the reach program
Oh ya a discount in apr and there is talk of a new program that bills your energy bill on how much income you make. We in Cali already have the highest energy cost in the US
I hope they don’t add a rate increase according to income on top of the 22% rate hike we just got I’m low income and heard it would raise my rate another $30 on top of the 22% hike.
No decommissioning of Diablo. They got $2.5 billion from feds and state to keep it running. Biden is speeding up the license process. Need to get a refund on the decommissioning fee!
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