California regulator acts to lower utility bills now by speeding up Climate Credit

A California regulator on Thursday ordered utility companies to give customers a credit to lower home heating bills “as soon as possible” instead of later in the spring because of high natural gas prices. The California Public Utilities Commission’s move to speed up the delivery of the Climate Credit instead of waiting until April could knock $91 to $121 off the next bill for customers who receive both electricity and natural gas from Pacific Gas and Electric Co., Southern California Edison, San Diego Gas & Electric and Southern California Gas Company.