(The Center Square) – California Gov. Gavin Newsom Friday morning promised up to $60 billion in tax rebates on electricity fees just before signing climate and energy bills.
The legislation includes expansion of the state's climate credit, which gives residents discounts each year on their electrical bills. The Governor's Office said the credit already has enabled Californians to save
Newsom made his remarks during a press conference in a planetarium in San Francisco, where he was joined by Democratic legislative leaders who praised the measures for reducing energy costs, stabilizing the petroleum market and reducing pollution. The legislation allows what supporters call an environmentally responsible and safe increase in oil production in Kern County to boost the supply of gas.
“Today’