Harger: Your PSE bill went up 12% this year. They’re asking for 30% more. And Olympia is about to print the reason on it
Puget Sound Energy raised electric rates by 12% effective January 1, with natural gas up 7%, driven largely by compliance costs from state climate and clean energy laws. PSE is now seeking approval for an additional 30% electric rate increase and 20% gas increase by 2029. Starting this month, the UTC has ordered PSE to itemize the “State Carbon Reduction Charge” as a separate line item on customer bills.