California AB729 mandates credits for greenhouse gas allowances to be credited to customers' bills.

California AB729 amends the Public Utilities Code to require the California Public Utilities Commission to credit revenues from greenhouse gas allowances directly to customers' bills. Credits for electrical corporations are to be provided to residential, small business, and emissions-intensive trade-exposed customers for specific months each year. Credits for gas corporations are to be provided to residential customers for the month of February each year. The bill also mandates customer outreach plans for public awareness of these credits.

California AB729 mandates credits for greenhouse gas allowances to be credited to customers' bills.

California AB729 amends the Public Utilities Code to require the California Public Utilities Commission to credit revenues from greenhouse gas allowances directly to customers' bills. Credits for electrical corporations are to be provided to residential, small business, and emissions-intensive trade-exposed customers for specific months each year. Credits for gas corporations are to be provided to residential customers for the month of February each year. The bill also mandates customer outreach plans for public awareness of these credits.