Southern California Edison’s residential customers will receive a $59 California Climate Credit on their April and October billing statements. For the first time since the credit’s inception in 2014, most of SCE’s small business customers will receive the credit on their statements as well.
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Previously, the twice-a-year credit ranged between $29 and $40 for SCE residential customers. Recent direction from the California Public Utilities Commission led to small business customers of the state’s investor-owned utilities also receiving the credit twice annually. About 500,000 of SCE’s small business accounts are eligible, as well as the company’s 4.3 million residential accounts.
The funding for the California Climate Credit comes from the state’s Greenhouse Gas Cap and Trade Program, which aims to reduce greenhouse gas emissions from power plants, natural gas distributors and other large industries.
“It’s great to see that this year’s credit is the most generous to date,” said Lisa D. Cagnolatti, SCE’s senior vice president of Customer Service. “With rising consumer prices creating challenges for many Californians, SCE welcomes any opportunity to help customers with their electric bill. That’s why SCE offers customers a range of short-term and longer-term bill assistance options.”
Earlier this year, SCE distributed more than $205 million in debt relief from the California Arrearage Payment Program to help customers with past-due energy bill balances accrued during the first 16 months of the COVID-19 pandemic. About 260,000 eligible SCE residential customers received one-time credits on their February or March electric bills to partially reduce their energy debts.
About Southern California Edison
An Edison International company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.