Puget Sound Energy Proposes Massive Rate Hikes
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Puget Sound Energy proposes significant rate hikes for residential customers, with electric rates increasing by nearly 30% and gas rates by about 20% from 2027 to 2029. This follows recent increases, pushing total electric hikes to over 50% and gas to around 37% since 2025. The plan includes a 17% increase for electric and 13% for gas in 2027, with smaller jumps in subsequent years. For a typical household using 800 kWh of electricity monthly, this could mean bills rising by $28 more per month by 2027. The increases are due to Washingtons clean energy laws and infrastructure needs, with Puget Sound Energy planning to spend $3.2 billion on the electric grid to handle demand, weather risks, and renewables. Regulators at the Washington Utilities and Transportation Commission will review the proposal, and customers facing hardship can access bill discounts and energy advisors.
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