Overview

• Utilities will automatically apply the October credit to customer bills, requiring no action from households.
• Household amounts range from $35 to $259, with most between $56 and $81, and an average electric credit of about $61.
• October disbursements total more than $700 million for residential electric customers and roughly $60 million for qualifying small businesses.
• Across 2025, California is providing $2.4 billion in residential climate credits—$1.4 billion for electricity and $1.0 billion for natural gas—plus $122 million for small businesses.
• The cap-and-invest program funding the credit has returned $14.6 billion to households since 2014 and financed about $33 billion in climate projects, and a new law dedicates up to $60 billion through 2045 to boost credits beginning in 2026.