Delaware would use excess carbon auction money to lower electric bills

Delaware’s environmental agency would use carbon permit auction money above the 2025 total for electric bill rebates. The rebates would go to retail electric customers. A year’s auction proceeds must exceed the total generated in 2025; only the amount above that total goes to rebates. This rule would apply each year starting January 1, 2027.

Delaware’s environmental agency would send rebate money to electric distribution companies or suppliers to divide among customers. Retail electric customers would see their share as a reduction on their electric bills. Companies or suppliers would divide the money proportionally. They could not pass along any cost of explaining the rebate’s effects on a customer’s bill.