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Puget Sound Energy electric, natural gas rates go up

On Dec. 31, the Washington Utilities and Transportation Commission approved Puget Sound Energy's rate requests, with rates taking effect December 31, 2021, and about a 12% electric and 7% gas increase.
To recover costs, PSE sought to comply with the Climate Commitment Act and to fund expanded clean energy, reliability upgrades, and low-income bill assistance.
Among affected customers, PSE's scale means the average electric customer using 800 kWh will pay about $17 more monthly, and natural gas customers will see an increase of about $6.50.
Commission staff reviewed and recommended approval, confirming Washington Department of Ecology no-cost emission allowances do not cover all CCA compliance costs Puget Sound Energy must purchase.
Changing its electricity resource portfolio, PSE is meeting Clean Energy Transformation Act requirements while the Washington Utilities and Transportation Commission regulates investor-owned electric utilities.

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