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Assembly committee advances bill to convert California Climate Credit into summer volumetric electricity rate cuts
Summary
The Assembly Committee on Utilities and Energy voted to pass AB 745 to the floor after testimony that the bill would redirect the California Climate Credit from lump‑sum bill rebates to lower summer volumetric electricity rates to help households facing extreme heat and high bills.
Assemblymember Laura Petrae Norris's Assembly Committee on Utilities and Energy on an aye vote moved AB 745, a bill by Assemblymember Buffy Erwin, to the Assembly floor. The bill would reconfigure the California Climate Credit so electricity customers in investor‑owned utility territory receive a summer volumetric rate reduction rather than two lump‑sum bill credits in April and October.
AB 745 is aimed at improving affordability during high‑use summer months. "Rather than receiving a flat on bill credit in off peak months, our constituents would pay noticeably less per kilowatt hour for electricity during the high demand summer months," Erwin said when presenting the bill.
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