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Stock impact report

More than $150 in credits coming to Southern Californians' utility bills this month [Los Angeles Times (CA)]

DBA Sempra (SRE) 
Last dba sempra earnings: 2/27 06:55 am Check Earnings Report
US:NYSE Investor Relations: sempra.com/investors
offset rising prices for customers while reducing the state's reliance on fossil fuels. Southern Californians can look forward to paying $159 less for gas and electricity this month, with another credit coming in October. That breaks down to $86 off your electric bill in April from Southern California Edison and another $86 off in October. Plus, you'll see a $73 credit on this month's bill from Southern California Gas. This year's climate credits are the largest in the 10 years the program has been operating. Last year, SoCalGas customers received a $51 credit, and SCE customers received two $71 credits. The money comes from the state's greenhouse gas cap-and-trade program, which was created by the California Global Warming Solutions Act of 2006 to drive down carbon emissions. Each year, the California Air Resources Board sets a declining cap on the amount of greenhouse gas that can be emitted by power plants, fuel suppliers, and large industrial facilities. This includes ro Show less Read more
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