Climate Credit from State Program Will Lower Bills this Month
October 04 2022 - 1:35PM
Business Wire
Electric Residential and Eligible Business
Customers Will Receive $39.30 Bill Credit
More than 5 million Pacific Gas and Electric Company (PG&E)
electric customers will automatically receive the California
Climate Credit on their energy bill this month. The credit was
created by the California Public Utilities Commission (CPUC) as
part of the state’s efforts to fight climate change. PG&E is
pleased to administer the credit in a timely manner to help reduce
customer energy bills this month.
In addition to residential customers, eligible business
customers will be receiving the California Climate Credit for the
first time.
Residential electric customers will receive a credit of $39.30
on their October bills, compared to last fall’s credit of $17. This
is the second credit of the year for residential households. In
April, natural gas residential customers received a credit of
$47.83 and electric residential customers received a credit of
$39.30.
Customers with both services saw a total credit of $87.13 in
April so including the October credit of $39.30, the total credit
for this year will be more than $126.
For the first time, small business electric customers also will
receive a credit of $39.30. Eligible small business customers might
receive double the credit amount if they qualify for both 2022
(April and October) credits. Starting in 2023, eligible business
customers will receive the credit twice a year along with
residential customers.
The California Climate Credit is one of many programs developed
as part of the Global Warming Solutions Act of 2006. It requires
power plants, natural gas providers, and other large industries
that emit greenhouse gases to buy carbon pollution permits. This
credit represents customers’ share of the payments from the state’s
program.
Additional Ways to Reduce Energy Bills
PG&E offers various programs to help customers save money
and energy.
- California Alternate Rates for Energy (CARE) Program saves 20%
or more each month on energy bills for income-qualified
customers.
- Family Electric Rate Assistance (FERA) Program offers a 18%
monthly discount on electric bills for income-qualified customers
with three or more people in the household.
- Medical Baseline provides a lower monthly rate for customers
with special energy needs due to certain medical conditions.
- Budget Billing averages out energy costs for more predictable
monthly payments and eliminates big spikes in bills due to seasonal
changes.
- Bill Forecast Alerts are notifications sent by email, text or
phone notifying the customer if their monthly bill is expected to
exceed a specific amount set by the customer.
Smart devices also can help customers manage energy use and
costs. This year, new participants in PG&E’s SmartAC program
receive $75 for existing thermostats or $120 off a purchase of a
new thermostat. The voluntary program helps enhance grid
reliability by encouraging participants to shift energy use out of
the hours when it’s most in demand.
To learn more about the Climate Credit, visit the CPUC’s
California Climate Credit page.
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 16 million people across 70,000 square
miles in Northern and Central California. For more information,
visit pge.com and pge.com/news.
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