A lot of people in California will get credits of about $137 on their April gas and power bills, according to Gov. Gavin Newsom.
What we know
The California Climate Credit is a part of the state’s Cap-and-Trade scheme, which helps people get money and cut down on pollution.
People who use electricity get the credit twice a year, in April and October. People who use natural gas get the credit once a year, in April.
Families in California have gotten an average of $1,120 in credits since 2014. The state will give out a total of $2.4 billion in household credits this year. Of that amount, $1.4 billion will go to people who use natural gas and $1 billion will go to people who use electricity.
For the record
Since the start of the Cap-and-Trade scheme, utility customers have been given $10.9 billion back in bill credits. For electricity bills, the credits run from $35 to $259, but most people get between $56 and $81. You can get $54 to $87 off your natural gas price.
How It Works
People in California don’t have to do anything to get the credit; it is applied immediately.
The story of
The Cap-and-Trade scheme has helped pay for $28 billion in climate-related investments all over California.
These investments have helped more than 500,000 projects, made 30,000 jobs possible, and cut carbon pollution by a large amount. According to Newsom’s office, some of the projects are building high-speed rail, affordable housing near job centers, and zero-emission transportation options in areas that need them.
What’s next?
People in California can find out exactly how much credit they have online.
The Source
The information in this story comes from a news release that Gov. Gavin Newsom’s office sent out on March 18, 2025.
