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Your October electric bill may be lower than usual. Here’s why
The California Climate Credit hits accounts next month.
(
George Rose
/
Getty Images
)
Topline:
You may notice a lower electric bill next month. A special credit will automatically hit millions of accounts as part of the state’s effort to curb emissions and offset higher utility rates.
What is the credit? The California Climate Credit comes in April and October from providers who are regulated by the state’s public utilities commission. It’s funded by the state’s cap-and-trade program, which allows industries that emit greenhouse gases to buy pollution allowances.
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How much could I get? More than 11 million households will get a cut this round, but the amount varies by utility. Here’s a breakdown for qualified utilities in Southern California:
- Southern California Edison: $56
- San Diego Gas & Electric: $81.38
- Bear Valley Electric Service: $34.91
All community choice aggregators, such as the Clean Power Alliance and Orange County Power Authority, also get the credit. You can check with your utility for specific amounts.
Any help for LADWP customers? Sorry, you’re not eligible for the credit because the utility is managed by the city.
Next year’s credit: The climate credit will come again in April — this time for electric and gas bills. According to Gov. Gavin Newsom’s office, those amounts will also increase because of new legislation. It’s not yet clear by how much.
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Your support for independent local news is critical. With federal funding for public media gone, LAist faces a $1.7 million yearly shortfall. Speaking frankly, how much reader support we receive now will determine the strength of this reliable source of local information now and for years to come.
This work is only possible with community support. Every investigation, service guide, and story is made possible by people like you who believe that local news is a public good and that everyone deserves access to trustworthy local information.
That’s why we’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Thank you for understanding how essential it is to have an informed community and standing up for free press.
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