Californians to Receive First Climate Credit

National Journal: “In a few days, customers of Pacific Gas and Electric, Southern California Edison, and San Diego Gas and Electric will receive the first “Climate Credit” on their electricity bills. Consumer and environmental advocates urged the California Public Utilities Commission to implement these customer rebates, which represent the bulk of proceeds from pollution permits allocated to the state’s three investor-owned utilities under AB 32, California’s Global Warming Solutions Act.”

“The California Climate Credit will be issued twice a year, in April and October, to Californians who get their electricity from one of the state’s three investor-owned utilities. The amount will range from approximately $30 to $40 each time, depending on the utility company involved, and will be the same for each household within a particular company’s service territory.”

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