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Council approves $200 per-account carbon-credit rebate, 4-1
Summary
The Lompoc City Council approved a one-time $200 rebate for eligible electric utility account holders funded from the city’s carbon-credit (CARB) proceeds; the motion passed 4–1 with Council Member Bridal opposed.
Lompoc — The City Council voted 4–1 to issue a one-time $200 rebate to current electric account holders, drawing from the city’s carbon‑credit proceeds, after a debate about whether the funds should instead be used for capital projects.
Council Member Starbuck moved to distribute the rebate to existing account holders; Council Member Bridal voted no. Financial staff said the city holds about $5.5 million in carbon-credit receipts and that applying a $200 rebate to eligible accounts would use roughly $3.0 million of that balance while leaving approximately $2.5 million on hand. Staff also noted ongoing annual carbon‑credit receipts that will continue to replenish the fund.
Why it matters: The council framed the rebate as a return of funds to ratepayers rather than a pledge to long-term capital spending. Supporters said a modest per-account rebate provides immediate relief and is administratively simple. Opponents urged…
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