PG&E Customers to Receive Climate Credit on Bills Soon

PG&E Customers to Enjoy Climate Credit Benefits

In the upcoming month, millions of residential and eligible small business customers of Pacific Gas and Electric Company (PG&E) will be pleasantly surprised to see a California Climate Credit reflected on their electric bills. Customers can look forward to a financial boost without needing to take any action to receive this credit.

Details of the Climate Credit

Residential households with an active electric account will benefit from an electric credit amounting to $55.17, identical to that received in the spring. This recurring electric credit is delivered twice a year, with the initial one issued in April. Additionally, an annual natural gas credit of $85.46 is made available for residential customers holding a natural gas account. Therefore, those who utilize both gas and electricity will enjoy total bill credits of $195.80 throughout 2024.

Business Customers Also Reap Rewards

Eligible small business customers will also receive the same electric credit in October, increasing their cumulative bill credits for 2024 to $110.34. This initiative showcases PG&E's commitment to supporting both residential and business customers with beneficial financial relief.

Understanding the California Climate Credit

The California Climate Credit is an integral component of the state’s proactive measures to combat climate change. PG&E distributes this credit to its customers as directed by the California Public Utilities Commission (CPUC). The credit is a direct result of the state’s pioneering Cap-and-Trade Program, which requires polluters to pay for their emissions, aiming to create a more sustainable future.

Quotes from PG&E Leadership

Vincent Davis, PG&E Senior Vice President of Customer Experience, stated, "This credit is a 'win-win' for our customers. The California Climate Credit helps reduce customers' energy bills and addresses our state's greenhouse gas emissions." This sentiment illustrates PG&E’s strategy of not only supporting customer needs but also contributing to a broader environmental cause.

Additional Programs for Customers

Along with the California Climate Credit, PG&E encourages all customers to explore various other programs aimed at energy savings and cost reductions. Customers are advised to consider enrollment in income-eligible assistance programs designed to help those facing financial challenges in managing energy bills.

Income-eligible Programs

1. **California Alternate Rates for Energy (CARE)**: This program provides eligible customers with discounts of 20% or more on their gas and electric bills.

2. **Family Electric Rate Assistance (FERA)**: Households with three or more individuals may qualify for a monthly discount of 18% on electricity costs.

3. **Energy Savings Assistance (ESA)**: Qualifying customers can receive necessary energy-saving improvements at no cost, making it easier to manage energy usage.

4. **Low Income Energy Assistance Program (LIHEAP)**: This program offers one-time payments up to $1,000 to support low-income households in paying for essential heating or cooling services.

Preparing for Winter and Staying Informed

To further assist in managing energy consumption, PG&E provides resources concerning savings strategies for the colder months. Customers are encouraged to visit PG&E’s website for useful tips and programs that can lead to greater energy efficiency.

About PG&E

Pacific Gas and Electric Company is a flagship utility service provider and a subsidiary of PG&E Corporation (NYSE: PCG). PG&E serves over sixteen million customers across a vast region of Northern and Central California, dedicated to delivering safe and sustainable energy solutions. For additional information, customers can visit PG&E’s official website.

Frequently Asked Questions

1. What is the California Climate Credit?

The California Climate Credit is a financial credit provided to residential and small business customers to help offset energy bills, funded through California’s Cap-and-Trade Program.

2. How much will I receive from the Climate Credit?

Residential customers can expect to receive a credit of $55.17 on their electric bill, while small business customers will receive this amount as well.

3. Do I need to apply for the Climate Credit?

No, customers do not need to take any action to receive the Climate Credit; it will automatically appear on your bill.

4. Are there other programs available to aid with energy costs?

Yes, there are multiple income-eligible programs that offer discounts and assistance for managing energy costs.

5. Where can I find more information about energy saving tips?

Visit PG&E’s website to discover a variety of tips and programs available to help reduce energy usage and costs.

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