California Climate Credit To Appear On Customer Power Bills -10/21/24

 

 

FOR IMMEDIATE RELEASE    

Media Hotline: 503-813-6018  

 

YREKA, CA (October 21, 2024) — Pacific Power customers in California can expect to see a credit of $174.25 on their October electricity bill as part of California's efforts to fight climate change The California Climate Credit is a direct result of the State’s nation-leading Cap-and-Trade Program that requires polluters to pay for climate pollution. Credits are distributed in April and October each year. Credits appear automatically on your bill and are designed to help utility customers during the transition to a more sustainable future. 

The majority of Pacific Power’s proceeds are split evenly across each residential household and qualifying small business. About 20% of the total proceeds are used for clean energy and energy efficiency programs, administrative and outreach expenses and California Industry Assistance, which helps to keep manufacturers in California. 

The California Climate Credit is designed to help customers as the state transitions to a low-carbon future. Each year, the state issues a limited number of greenhouse gas emission allowances in line with California’s goal of reducing its overall emissions to 40% below 1990 levels by 2030.

Customers can call Pacific Power at 888-221-7070 for information about their bill and can learn more about the California Climate Credit at the CPUC website.

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