STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Spring Bill Relief: Up to $125 California Climate Credit Automatically Applied to PG&E Customers' Energy Bills

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

PG&E announces automatic California Climate Credit distribution for April 2025, providing significant bill relief to millions of customers. Residential households will receive $58.23 for electric accounts and $67.03 for gas accounts, totaling $125.26 for dual-service customers.

The credit, funded by California's Cap-and-Trade Program, is distributed twice yearly for electric customers (April and October) and once for gas customers (April). Since 2014, PG&E residential customers have received nearly $1,000 in climate credits, contributing to over $12.9 billion in statewide program benefits.

The company also highlights various assistance programs including CARE (20% monthly discount), FERA (18% electricity discount), and Energy Savings Assistance for income-eligible customers. Additionally, PG&E promotes their Energy Efficiency DIY Toolkit, suggesting a $200 investment could yield hundreds in annual savings.

Loading...
Loading translation...

Positive

  • Automatic distribution of $125.26 climate credit reduces customer bills
  • Consistent bi-annual credit program demonstrates stable customer support
  • $12.9 billion in total Cap-and-Trade benefits distributed statewide
  • Multiple assistance programs available for income-eligible customers

Negative

  • Rising energy bills causing pressure on customers
  • Climate credit only provides temporary relief rather than long-term solution

Small Business Customers Also Receive Credit

OAKLAND, Calif., March 17, 2025 /PRNewswire/ -- Millions of Pacific Gas and Electric Company (PG&E) customers will automatically receive the California Climate Credit on their April energy bill. 

Residential households with an active electric account will receive an electric credit of $58.23. Residential households with an active gas account will receive a credit of $67.03. Customers receiving both gas and electric service from PG&E will receive a total April credit of $125.26.

Residential and eligible small business customers receive identical electric credits in April and October. Residential natural gas customers receive a credit in April.

The California Climate Credit is funded by the state's Cap-and-Trade Program. It is distributed by PG&E to customers as directed by the California Public Utilities Commission (CPUC). The Cap-and-Trade Program requires companies to pay for [certain] emissions. Revenue from the program is also used by the state to improve public health and the environment and provide meaningful benefits to the most disadvantaged communities. The bill credit is designed to help customers during the transition to a more sustainable future.

"We know many of our customers are feeling the pressure of rising energy bills. We support bill relief for families and fostering a more climate-resilient future," said Vincent Davis, Senior Vice President, Customer Experience.

Since 2014, the CPUC calculates PG&E residential customers have received an average of nearly $1,000 in California Climate Credits, totaling more than $12.9 billion in Cap-and-Trade Program benefits statewide.

To explore other ways to save energy, reduce monthly bills, and protect the planet, customers are encouraged to use a new Savings Finder, enroll in the Budget Billing program, or visit Save Energy & Money

Income-eligible Assistance Programs

Other programs include Medical Baseline, which offers a reduction on energy bills for customers who depend on power for certain medical needs.

Energy Efficiency DIY Toolkit 

Did you know you can lower energy bills and save money by building an Energy Efficiency DIY Tool Kit? With a $200 investment in energy-efficient materials, customers can save hundreds of dollars each year.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than sixteen million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/spring-bill-relief-up-to-125-california-climate-credit-automatically-applied-to-pge-customers-energy-bills-302403373.html

SOURCE Pacific Gas and Electric Company

FAQ

How much is the 2025 California Climate Credit for PG&E (PCG) customers?

PG&E customers receive $58.23 for electric accounts and $67.03 for gas accounts, totaling $125.26 for customers with both services in April 2025.

When do PG&E (PCG) customers receive their California Climate Credits in 2025?

Electric customers receive credits in April and October, while gas customers receive one credit in April.

What is the total amount PG&E (PCG) customers have received in California Climate Credits since 2014?

PG&E residential customers have received an average of nearly $1,000 in California Climate Credits since 2014.

What discount does PG&E (PCG) offer through the CARE program?

The California Alternate Rates for Energy (CARE) program provides a monthly discount of 20% or more on gas and electricity bills.
PG&E Us

NYSE:PCG

PCG Rankings

PCG Latest News

PCG Latest SEC Filings

PCG Stock Data

35.19B
2.66B
0.18%
97.2%
1.72%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States
OAKLAND