PORTLAND, Ore. — As part of California's efforts to fight climate change, the state government requires large industries that emit greenhouse gases to buy carbon pollution permits. The California Climate Credit, which is funded by these permit fees, is distributed to customers via their power bills. The electric service providers who do the billing are simply passing through the credit.
In 2023, the California Public Utilities Commission is accelerating the distribution of these credits to help energy users manage increasing costs for heating and the general cost of living. A credit of $132.85 will be applied to the bill of each Pacific Power residential and small business customer in March.
Usually, these credits are distributed in April and October each year, but the commission has taken action to alter this schedule. The commission is considering additional actions that could increase the amount of the credit planned for October 2023, but that outcome is unknown at this time.
Pacific Power will provide more information about the California Climate Credit when possible.
Customers can call Pacific Power at 888-221-7070 for information about their bill and can learn more about the California Climate Credit at the CPUC website.