"More than $1.4 billion will be distributed to Californians from many public utilities companies in the state, including PG&E, Southern California Edison, and San Diego Gas & Electric."
"PG&E, which serves Northern and Central California customers, will give customers who use natural gas a $46.26 credit on Wednesday, almost $21 less than the $67 credit customers received in 2025."
"The gas and electric credits come from the Cap-and-Invest Program, which aims to reduce greenhouse gas emissions by 2030, forcing heavy emitters to pay for their emissions."
"This year's rebates are lower than last year's because emitters paid less into the program, according to California Public Utilities Commission spokesperson Terrie Prosper."
Californians will receive reduced credits for gas and electric bills, totaling over $1.4 billion, with a decrease of $982 million from last year. PG&E customers will receive a $46.26 credit for natural gas, down from $67 in 2025. Small business customers will receive two payments of $36.18 for electric credits. The Cap-and-Invest Program funds these rebates, which are lower this year due to reduced payments from heavy emitters. The California Public Utilities Commission will vote on the payment structure for small businesses.
Read at SFGATE
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