Customers of the Pacific Gas and Electric Company can expect a significant decrease in their March natural gas bills after distributing a bi-annual credit earlier than usual, announced the company on Thursday.
After three months of unusually high natural gas bills, the California Public Utilities Commission decided to distribute its California Climate Credit a month early. The credit, which comes from the state’s emission allowance program, is handed out to California residents every spring and fall.
Alongside the credit distribution, a significant market price drop and lower customer usage as temperatures rise are contributing to a projected 75 percent decrease in customer bills this month, said PG&E.
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