What is the CA Climate Credit on my SCE bill? The California Climate Credit is part of our state's efforts to fight climate change. This credit comes from fees charged by the state to reduce carbon pollution and increase the use of cleaner forms of energy. The fees are then returned to customers as savings on their electric bills.

Every spring and fall, millions of California residents receive credits on their electric and natural gas bills identified as the “California Climate Credit.” The California Climate Credit is part of California’s efforts to fight climate change.

Usually, these credits are distributed twice a year, in April and October. Most residents receive a natural gas credit in April, and electric credits in April and October.

2023 Residential California Climate Credit Schedules – Electric & Natural Gas

2023 Electric California Climate Credit Schedule

 AprilMayJuneJulyAugSeptOct
PG&E$38.39     $38.39
SCE$71.00     $71.00
SDG&E$60.70     $60.70
Bear Valley*$47.08     $47.08
Liberty*$29.49     $29.49
Pacific Power*$132.85     $132.85

*As the 2023 amount is unapproved as of 1/1/23, Bear Valley Electric Service, Liberty Utilities, and Pacific Power will continue to distribute the 2022 approved California Climate Credit amount until a new amount is approved by the Commission.

Past Electric California Climate Credits

Values rounded to the nearest dollar; total column at right may not equal sum of values due to rounding.

Total column at right includes both annual credits, twice the sum of individual credit values in row.

 

2014

2015

2016

2017

2018

2019

 2020 2021 2022

Total Value Received Per Household 2014-2022

PG&E

$30

$25

$28

$17

$39

$28

 $36 $17 $39

$520

SCE

$40

$29

$38

$31

$36

$33

 $37 $29 $59

$664

SDG&E

$36

$30*

$17

$30

$34

$31

 $32 $35 $64

$606

Liberty Utilities

$42

$35

$27

$23

$29

$46

 $34 $30 $29*

$588

Pacific Power

$194

$141

$143

$107

$127

$160

 $167* $97 $133

$2,679

Bear Valley**         $47$94

*April and October credit amounts differed.

**Not distributed until 2022.

Residential Natural Gas California Climate Credit

The 2023 Natural Gas California Climate Credit is distributed in April.

 

2018

2019

2020

 2021 2022 2023

Total Value Received Per Household 2018-2023

PG&E

$30

$25

$27

 $25 $48 $52.78

$208

SDG&E

*

$34

$21

 $18 $43 $43.40

$162

Southwest Gas

$22

$25

$27

 $28 $49 $56.35

$207

SoCalGas

*

$50

$26

 $22 $44 $50.77

$194

Prior-Year rounded to the nearest dollar.

*These utilities issued the 2018 credit with the 2019 credit in April 2019.

The 2018 PG&E and SoCalGas credits also include any 2015-2017 allowance proceeds that exceeded compliance costs over the same period.  Since Southwest Gas and SDG&E did not have net proceeds exceed net compliance costs for this period, these utilities had no net proceeds to roll forward into 2018.  PG&E’s 2018 credit reflected proceeds accrued over the 2015-2018 period.  As SoCalGas postponed the return of the 2018 credit until 2019, SoCalGas’s 2019 credit was composed of proceeds accrued over the 2015-2019 period

CALIFORNIA CLIMATE CREDIT

 

State of California Public Utilities Climate Credit
Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *