Phaneta kramerana and Phaneta donahuei, new species, are described from southern California. Ten congeners that might be confused with the new taxa based on forewing appearance are reviewed: Phaneta tenuiana (Walsingham), Phaneta nepotinana (Heinrich), Phaneta fertoriana (Heinrich), Phaneta subminimana (Heinrich), Phaneta complicana (McDunnough), Phaneta migratana (Heinrich), Phaneta alatana (McDunnough), Phaneta cinereolineana (Heinrich), Phaneta crassana (McDunnough), and Phaneta spectana (McDunnough). Adults and genitalia are illustrated for each species.