The California Climate Credit will be applied automatically to all SDG&E residential customers
San Diego Gas & Electric customers will get a break on their electric bills in October, with $60.70 being deducted from their statements.that takes money generated by the state’s cap and trade program that requires power plants, natural gas providers and large industries that emit greenhouse gases to buy permits on the carbon pollution they produce.
The amount of the credits fluctuates from year to year, depending on the revenue generated by the cap and trade program. The utilities commission applied the first $60.70 discount for electricity bills in March and distributed the $43.40 natural gas credit in February after aat the start of 2023 resulted in some utility customers seeing their monthly bills more than double.
There is no action required to receive the credit — it is automatically deducted from each customer’s electric bill. Customers of community choice aggregation programs in the San Diego area — San Diego Community Power and the Clean Energy Alliance — will also see the deduction on their October statements.
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