California Climate Credit Totaling Up to $87.13 Applied to Customer Bills this Month

Rhea-AI Summary

PG&E is set to distribute the California Climate Credit this month, providing financial relief for residential customers. Natural gas users will benefit from a credit of $47.83, while electric customers will see $39.30, totaling $87.13 for those using both services. This initiative is part of California's effort to reduce greenhouse gas emissions and supports customers in managing their energy costs effectively.

Positive

• Residential customers receive a total Climate Credit of $87.13, directly reducing energy bills.
• The program is automatic, providing financial relief without requiring customer action.
• PG&E's initiative aids in promoting energy efficiency among customers.

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• None.

Bill Credit to Combat Climate Change from the State Saves PG&E Customers Money

SAN FRANCISCO--(BUSINESS WIRE)-- Residential customers will automatically receive the California Climate Credit this month created by the California Public Utilities Commission (CPUC) to fight climate change. Pacific Gas and Electric Company (PG&E) is pleased to administer the credit in a timely manner that will help reduce customer energy bills this month.

For natural gas residential customers, the credit will be $47.83, and for electric residential customers, the credit will be $39.30. Customers who receive both services will receive a total credit of $87.13.

“This credit is great news for PG&E customers and will reduce energy bills and provide more opportunities to invest in energy-efficiency and money-saving upgrades,” said Vincent Davis, PG&E’s Vice President of Customer Operations and Enablement.

California requires power plants, natural gas providers and other large industries that emit greenhouse gases to buy carbon pollution permits from auctions managed by the California Air Resources Board. The California Climate Credit is customers’ share of the payments from the state’s program.

Customers do not need to do anything to receive the credit, it will automatically appear as an adjustment on a customer’s bill under the Adjustments Section on the Detailed Charges page.

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 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.

Residential customers receive the Climate Credit twice a year, in April and October. In 2022, small business customers will receive a bill credit in October.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220404005747/en/

MEDIA RELATIONS:

415-973-5930

Source: Pacific Gas and Electric Company

FAQ

What is the California Climate Credit being administered by PG&E in April 2022?

The California Climate Credit is a financial relief program that provides residential customers with credits on their energy bills, amounting to $87.13 for those using both natural gas and electric services.

How much credit do PG&E customers receive for natural gas and electric services in April 2022?

Natural gas customers will receive $47.83, while electric customers will receive $39.30.

How can PG&E residential customers apply for the California Climate Credit?

Customers do not need to apply as the credit will automatically appear on their bill under the Adjustments Section.

When will residential customers receive the California Climate Credit again?

Residential customers receive the Climate Credit twice a year, in April and October.

What is the purpose of the California Climate Credit administered by PG&E?

The program aims to combat climate change by redistributing funds from carbon pollution permits to customers, alleviating their energy costs.