How will the California Climate Credit impact my bill?
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As a valued SCE customer, staying informed about your billing cycle projected costs and any credits or adjustments that may affect your monthly bill is essential. Below is a guide to help you easily interpret your April or November bill projections.
Reviewing April or October Bill Projections
When reviewing your bill projections for April or November, remember that the Projected Next Bill (PNB) cost projections will likely be lower due to the California Climate Credit applied during this cycle.
It's important to note that in some cases, your usage as-of-date cost will display higher than your Projected Bill. That is due to the climate credit applying only to your Projected Bill cost, not your Usage as-of-date cost. SCE is aware of this discrepancy and is working to resolve the variance. However, SCE can confirm that the climate credit will be applied to all applicable accounts once your bill period has ended.
What is the California Climate Credit?
The California Climate Credit is a bi-annual credit provided by the state of California to combat climate change. It's available to both residential and small business customers.
This credit is intended to assist utility customers in transitioning to a low-carbon future. Due to the climate credit being applied, your bill projections will be lower than usual during April and October.
How Much is the Credit?
The exact amount of the climate credit may vary based on your usage and other factors. For further details regarding this credit, visit CPUC's Climate Credit Page or CPUC's Small Business Climate Credit Page.
When to Expect Normalization
Customers can anticipate the bill projections will normalize starting May or November's billing period, depending on the Climate Credit month (April or October).