""Millions of California families will see money back on their electricity bills in October,""
""These are refunds," Toney said. "They don't address electricity rates.""
""Up to $60 billion will go back in your pockets, cutting your electric bills while we keep our historic momentum transitioning away from polluting fossil fuels," Newsom stated."
State officials announced that customers of PG&E and other utilities will receive California Climate Credit refunds on October utility bills as part of a program that began in 2015. The credits are issued twice yearly, in April and October. PG&E estimates an average $58.23 credit for residential electricity customers in the October billing cycle. Consumer advocates caution that these refunds provide temporary relief but do not address underlying high electricity rates. Officials say credits will increase starting in 2026, with Governor Newsom stating up to $60 billion could be returned to consumers as part of future measures.
Read at The Mercury News
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