California Utility Customers to Receive $198 in Electric and Gas Bill Credits
Spring is bringing some financial relief for California utility customers! Thanks to the California Climate Credit Act, residents will see automatic deductions on their energy bills in April and October. This program, administered by the California Public Utilities Commission (CPUC), aims to ease the burden of rising utility costs while promoting energy efficiency.
How Much Can You Expect?
Southern California Edison (SCE) Customers will receive a $56 credit on their residential electric bills in October.
Southern California Gas (SCG) Customers will see an $86.60 credit applied to their April billing cycle.
Total Credit: Homeowners and renters alike could see up to $198 in savings this year!
What Is the California Climate Credit Act?
The California Climate Credit Act is a state program designed to return funds collected from California’s cap-and-trade program back to consumers. This initiative distributes credits among all investor-owned utilities, such as SCE, SDG&E, and PG&E, helping residents offset their energy costs.
What This Means for Homeowners and Renters
With energy prices continuing to rise, this credit offers some much-needed relief. Whether you’re a homeowner or a renter, this savings could go toward other expenses—maybe even toward your future home purchase!
Thinking About Homeownership?
If you’re currently renting, you might be wondering how to turn these small savings into a bigger financial future. At HOTT Homes Property Management and Real Estate, we specialize in helping renters transition into homeownership.
🔹 Looking to buy? We can help you find a home that fits your budget and lifestyle. 🔹 Looking to sell? If you’re a landlord tired of new rental laws, now is a great time to cash out. 🔹 Investment properties? We help investors navigate the California real estate market with ease.
Visit HOTTHomesSells.com to start your home search or connect with our expert realtors today! 💡🏡💰