Residential customers of the San Diego Gas and Electric (SDG&E) will receive up to $104 in credits on their bills for February and March this year, after a natural gas price surge that sent shockwaves throughout southern California in January.
Gas customers will receive a $43.40 credit in February. For electricity customers, a $60.70 credit will appear on their March bill, and another round of credit of the same amount will be provided later in the year.
The credits will be applied automatically, without any action required by customers.
According to a statement from the company, the credits are provided as payments to the California Climate Credit, “a state program that requires power plants, natural gas providers, and other large industries that emit greenhouse gases to buy carbon pollution permits.”…