Personal Finance
April Bill From PG&E To Include Up To $140 Climate Credit
Customers with both gas and electric service from PG&E will see up to $140.63 in credits on their April bill. Here's why.
BAY AREA, CA — More than 5 million Pacific Gas and Electric Company customers will automatically receive the California Climate Credit on their energy bill in April, the utility announced.
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."
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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. 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 amid 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.
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PG&E said it will also distribute over $36 million to eligible industrial customers on behalf of the CPUC. Eligibility requirements for industrial customers are online here.
In addition to the California Climate Credit, PG&E encouraged customers to explore other ways to save energy, reduce costs on monthly bills, and contribute to building a sustainable future.
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