Thanks to the state climate protection program, millions of Californians receive an average of $ 137 US credits for their service programs in April

Since 2014, the state’s CAP-and-Trade program has delivered invoice loans to $ 10.9 billion to supply customers. This year, California of 2.4 billion US dollars of residential balance -1.4 billion US dollars for electric companies, 1 billion US dollars for natural gas customers and additional $ 122 million is provided for small companies.

How it works

The credits are between 35 and 259 US dollars for electricity invoices -most receive 56 to 81 US dollars -and about 54 to 87 US dollars for natural gas bills for residential customers from PG & E, San Diego Gas & Electric, Southern California Gas Company and Southwest Gas. Californians can Check how much your credit will be here.

The Californians do not have to do anything to get the loan. The California climate loan comes from the CAP and trade program of the state managed by the California Air Resources Board. The credit for pension calculations corresponds to the proportion of the consumer in the payments from the state’s program.

In addition to Utility Bill credits, the California Cap-and-Trade program has financed 28 billion US dollars in climate investments More than half a million projects across the state support 30,000 jobs and cut millions of tons of carbon emissions. Investments include a wide range of solutions such as the use of affordable housing centers, the development of the country’s first high-speed rail and the addition of zero emission transport options in sub-supplied communities.