California Climate Credit to Provide $800 Million in Electric Bill Savings for Over 11.5 Million Households
The California Public Utilities Commission announced on Oct. 3 that over 11.5 million residents will receive reductions in their October electric bills through the California Climate Credit. In total, California will pay over $800 million for residents and $82 million for small businesses. The credit is funded by proceeds from the Cap-and-Trade program, which establishes…...