California households to get $137 utility bill credits for climate relief measures
(FOX40.COM) — Gov. Gavin Newsom recently announced that millions of Californians will receive $137 credits on their April gas and electric bills.•Video above: CA State Senate Hearing Addresses Increasing Utility Rates
According to a statement from Newsom's office, the California Climate Credit will automatically be added to people's bills every April and October as a direct result of the state's nation-leading Cap-and-Trade climate program, which requires polluters to pay for climate action.
Officials said that the Program is managed by the California Air Resources Board and the credit on the utility bills represents the consumer's share of payments from the State's program.
Newsom stated, 'Every year, our Cap-and-Trade program provides essential funding to California's efforts to clean the air while also giving residents money back on their utility bills. Millions of California families will benefit from this relief.'
Activities to do in Sacramento on March 22 and 23 weekend
Since 2014, California households have received an average of $1,120 in combined automatic April and October climate credits on their bills, according to a statement from Newsom's office.
The way the credit works is that Californians whose electricity bills range from $35 to $259 will receive between $56 and $81, and residential customers of PG&E, San Diego Gas & Electric, Southern California Gas Company, and Southwest Gas will receive around $54 to $87 on natural gas bills, as stated by officials from Newsom's office.
California residents can check how much their credit will be here.
In addition to the utility bill credits, the California Cap-and-Trade program has funded $28 billion in climate investments, resulting in over half a million projects across the state, supporting 30,000 jobs and reducing millions of tons of carbon emissions.
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