Climate credit 2024.10.01

🏛️ Public Utilities Commission State of California

California Climate Credit Bill Relief from the Cap-and-Trade Program

A Message from the California Public Utilities Commission

This October your utility bill will include a $55.17 electric credit identified as the "California Climate Credit." Your household and millions of others throughout the State will receive a similar credit on their utility bill.

The California Climate Credit is a direct result of the State's nation-leading Cap-and-Trade Program that requires polluters to pay for climate pollution. Credits are distributed in April and October each year. Credits appear automatically on your bill and are designed to help utility customers during the transition to a more sustainable 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.

Since 2014, residential customers of Pacific Gas and Electric Company have received over $650 in California Climate Credits on their utility bills, totaling more than $10 billion in Cap-and-Trade Program cumulative benefits statewide.

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.