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PG&E customers to receive $63 'climate credit' this month

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Posted By: GoodDeal, 4/20/2020 1:52:20 PM

PG&E customers will receive up to $63 in credit to their accounts for the month of April as part of a state-mandated climate credit. The credit, which is typically given twice a year, comes in the wake of the COVID-19 pandemic when many people are sheltering at home and impacted financially. Customers who receive natural gas and electric services will be credited $62.91. Those who only receive electrical services will be credited $35.73.

Comments:

Quote from an email from So Cal Gas Co: "The California Climate Credit is part of California’s efforts to fight climate change. This credit is from a state program that requires power plants, natural gas providers, and other large industries that emit greenhouse gases to buy carbon pollution permits. The credit on your bill is your share of the payments from the State’s program.". To me this is a simple wealth redistribution ponzi scheme. I wonder how much the state of CA's share is in this scam.

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Reply 1 - Posted by: DVC 4/20/2020 2:01:18 PM (No. 385703)
Insanity. Government stealing and handing it out on a statewide scale in California.
5 people like this.

Reply 2 - Posted by: joew9 4/20/2020 2:33:58 PM (No. 385728)
So PG&E are forced to buy credits from the government. Which means increased prices for the consumer because they have to pass on those costs. The government then takes that money and hands it back to the consumer but the consumer would have already had that money if the prices didn't have to be increased. A lot of the money sticks to the governments hands. The end result is the only people to benefit are the government bureaucrats.
4 people like this.

Reply 3 - Posted by: bad-hair 4/20/2020 2:46:44 PM (No. 385735)
So global warming is getting fixed ? To the tune of 60 bucks a house ? I thought PGE had gone bankrupt over the global warming fires they caused. I have better things to worry about. My sock drawer is getting out of hand (foot) .
3 people like this.

Reply 4 - Posted by: Lawsy0 4/20/2020 3:01:03 PM (No. 385742)
Carbon Credits?? How quaint. I thought they would be antiques by now. Well, well. This is how Albert Arnold Gore Jr. made his first few millions after becoming wealthy as a Representative and then Senator from Tennessee and then, ta-da as the Vice President under Moneybags Clinton. Thankfully he was succeeded by Dick Cheney, but Spotted Owl still made made money and Chakras from losing the presidency
2 people like this.

Reply 5 - Posted by: JHHolliday 4/20/2020 4:00:02 PM (No. 385787)
PG&E is bankrupt but so is the state of California. They won't make it much longer so we can expect a massive bailout courtesy of the US taxpayer. It's getting hard for Cali to borrow money and sell their junk bonds but the feds can print it and give it to them. "Too big to fail" will be the cry.
3 people like this.

Reply 6 - Posted by: Vesicant 4/20/2020 4:07:07 PM (No. 385796)
All of which will immediately be moneygrammed to Mexico.
1 person likes this.

Reply 7 - Posted by: MickTurn 4/20/2020 4:09:27 PM (No. 385799)
I had to ponder this one a minute. IT's to pay for the Brown Matter in the Political Fan!
1 person likes this.

Reply 8 - Posted by: enemyofthestate 4/20/2020 4:44:46 PM (No. 385822)
I hope there aren't too many fools in our society who can be bought off for $63..... and I certainly hope none of them vote.
1 person likes this.

Reply 9 - Posted by: Bur Oak 4/20/2020 4:44:50 PM (No. 385823)
PG&E customers pay extra each month for electricity so PG&E can pay it to the state of California and California sends $63 to the customers twice a year. What a nice racket. The Mob is envious.
4 people like this.

Reply 10 - Posted by: Hardright 4/20/2020 6:20:08 PM (No. 385883)
WTH! When are you going to pay my daughter and her family and all the other people who lost everything in the Paradise fire that you caused!
4 people like this.

Reply 11 - Posted by: Trigger2 4/21/2020 1:16:09 AM (No. 386127)
After PG&E goes broke, will they get a massive bailout in Newcomb's next budget proposal? Or will it be a separate bill because of the crisis of no electricity, etc. for the commie State?
1 person likes this.

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PG&E customers to receive $63 'climate credit' this month 11 replies
Posted by GoodDeal 4/20/2020 1:52:20 PM Post Reply
PG&E customers will receive up to $63 in credit to their accounts for the month of April as part of a state-mandated climate credit. The credit, which is typically given twice a year, comes in the wake of the COVID-19 pandemic when many people are sheltering at home and impacted financially. Customers who receive natural gas and electric services will be credited $62.91. Those who only receive electrical services will be credited $35.73.
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