Overview

• Residential customers will see an average $61 refund in October, with credits ranging roughly from $35 to $259 depending on the utility.
• Examples by utility include PG&E at $58.23, Southern California Edison at $56, San Diego Gas & Electric at $81.38, Liberty at $63.71, Bear Valley at $34.91, and Pacific Power at $259.36.
• State officials estimate October payments will top $700 million for households and $60 million for qualifying small businesses, contributing to $1.4 billion in electric, $1 billion in natural gas, and $122 million in small‑business credits this year.
• The credit is applied automatically, is not tied to individual energy use, and eligibility generally covers investor‑owned utilities and many CCAs, while customers of publicly owned utilities such as LADWP are not included.
• New legislation extends cap‑and‑invest through 2045 with up to $60 billion directed to future electric bill credits, though consumer advocates like TURN warn the refunds do not resolve high underlying rates.