PG&E customers should be on the lookout for a credit on their April, 2024 invoice, one of two provided to ratepayers each year.
The PG&E climate credit provides ratepayers with their share of the benefits of California’s Cap-and-Trade Program. Usually, these credits are distributed twice a year, in April and October. Most residents receive a natural gas credit in April, and electric credits in April and October. In 2023, the Commission accelerated the distribution of the residential spring electric and natural gas California Climate Credits to help mitigate large and unexpected winter bills. For 2024, the Climate Credit will return to its normal April and October distribution.
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