PG&E customers to receive up to $125 credit on their next bill. Here’s why
Customers are due to receive credit from PG&E on behalf of the state in April.
Pacific Gas and Electric Co. customers in California will see a credit on next month’s bill thanks to the California Climate Credit program.
As part of the program, residential customers who get both electric and gas service from the company are due to automatically receive up to $125 from PG&E on behalf of the state in April, according to a Monday news release from the Oakland-based utility, which serves more than 16 million people in Northern and Central California.
Residential electric customers will receive a credit of $58.23, an increase from last year’s credit of $55.17.
Homes with a gas account will receive a credit of $67.03, a decrease from 2024’s $85.46 credit, though still an increase from the $52.78 credit in 2023, according to the release.
Customers who receive both electric and gas will see a $125.26 credit on April’s bill.
Eligible small business customers will also receive the electric credit. There is no gas credit for small businesses, according to the state’s Public Utilities Commission.
The program, which began in 2014, is part of the state’s Cap-and-Trade Program, which requires entities who emit greenhouse gases to buy carbon pollution credits in an amount equal to those emissions. Those credits are then distributed twice a year to residents, in April and October.
Customers will be able to find the credits on their account summary, labeled as electric adjustments and gas adjustments.
For more information, go to pge.com.