( KRON ) — Millions of residential and eligible small business customers will get a credit on their electric bill next month, Pacific Gas and Electric Company announced on Thursday. Residential households with an active electric account will get an electric credit of $55.17, which is the same amount they received in spring, the utility said.
The twice-a-year credit, PG&E said, was first delivered in April along with an annual natural gas credit of $85.46 for residential customers with a natural gas account. The combined-use credit for residential customers for 2024 will be $195.80 total.
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Eligible small business customers will also receive the electric credit in October, bringing their total credit for 2024 to $110.34.
“The credit is a ‘win-win’ for our customers,” said PG&E Senior Vice President Vincent Davis. “The California Climate Credit helps reduce customers’ energy bills and our state’s greenhouse gas emissions.”