The amount of the CA Industry Assistance Credit will vary from facility to facility. The amount of the credit is determined by using emissions-efficiency benchmarks that reward businesses that have taken early action to reduce GHG emissions. This approach will also ensure that, in the future, these industries have a strong incentive to produce products in California in the most greenhouse gas-efficient way possible.
Amounts may also vary from utility to utility, based on the amount of greenhouse gas emissions in each energy provider's supply. Amounts even vary from year to year, based on greenhouse gas prices.
For these reasons, we can't accurately predict what your company's actual bill credit amount may be.
Here are some guidelines to give you a general idea of what you might be able to expect.
If your facility's MONTHLY electricity usage is... | You MIGHT receive an ANNUAL CA Industry Assistance Credit of... |
---|---|
10,000 kWh | $500 to $600 |
100,000 kWh | $5,000 to $6,000 |
1,000,000 kWh | $50,000 to $60,000 |
The estimated bill credit represents the annual savings a facility could receive. The CA Industry Assistance amount depends on the price of GHG allowances in the prior year and can go up or down as allowance prices change. The California Public Utilities Commission (CPUC) will calculate the actual credit amount based on the rules outlined in Decision D.14-12-037.
For complete rules about how the CPUC calculates the CA Industry Assistance Credit, please refer to page 67 in the CPUC Decision.