Climate credit 2023.10.03

PG&E 🟦

What is the California Climate Credit? 🐻

A Message from the California Public Utilities Commission

This October your electric bill will include a credit identified as the "California Climate Credit." Your household and millions of others throughout the state will receive this credit on your utility bills.

The California Climate Credit is part of California's efforts to fight climate change. This credit is from the California Cap-and-Trade Program, that requires power plants, fuel providers, and large industrial facilities that emit greenhouse gases to buy carbon pollution allowances. The credit on your bill is designed to help utility customers during the transition to a low-carbon future.

The California Cap-and-Trade Program is one of many programs resulting from the landmark Global Warming Solutions Act of 2006. Proceeds raised by the Cap-and-Trade Program are used to provide Climate Credit and fund additional programs that are cutting pollution, creating jobs and investing in cleaner energy and transportation. Your Climate Credit is designed to help you join the clean energy transition.

For more information about the Climate Credit, visit www.cpuc.ca.gov/climatecredit.

For more information about additional programs that are funded by the Cap-and-Trade Program to reduce carbon pollution, improve public health and the environment, and provide meaningful benefits to the most disadvantaged communities, visit www.caclimateinvestments.ca.gov.