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Tuesday, Jul 23, 2024

The California Climate Credit Explained

You may have heard about the California Climate Credit. If you are not aware of the credit that should appear on your gas and/or electric bill for either February or March, here is everything you need to know about it.

A state program called the California Public Utilities Commission is aiming to fight climate change by “requiring power plants, natural gas providers, and other large industries that emit greenhouse gases to buy carbon pollution permits.”

The California Climate Credit is one of many resulting programs of the Global Warming Solutions Act of 2006. These programs are aiming to minimize pollution, increase jobs, and fund cleaner energy and transportation.

This credit, which is supposed to show up on either your gas bill, your electric bill, or both, is meant to incentivize you to join the climate investment efforts. The timing and credit amounts may differ due to the differing energy companies that will be distributing this credit.

To learn more about the Climate Credit, please visit www.cpuc.ca.gov/climatecredit.

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