Puget Sound Energy rates change Monday

October 28, 2010

By Staff

NEW — 3:15 p.m. Oct. 28, 2010

Slight changes to Puget Sound Energy electricity and natural gas rates take effect Monday.

The state Utilities and Transportation Commission approved PSE’s request to pass through natural gas costs to customers. The increase of about 2 percent translates to about $1.50 for residential customers using 68 therms per month.

The commission announced the change Thursday.

In separate actions, regulators took steps to decrease electricity rates for PSE customers. The average residential customer using 1,000 kilowatt-hours of electricity per month should see his or her bill decrease by 2.63 percent from November through March — or $1.65, down from $99.68 to $98.03 per month.

Bellevue-based PSE serves more than 1 million electric customers and almost 750,000 natural gas customers in Western Washington, including Issaquah.

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Comments

One Response to “Puget Sound Energy rates change Monday”

  1. Steve on October 29th, 2010 8:02 am

    I don’t follow the math of the electricity cost reduction: Using the figures presented in the article, 2.63% of $99.68 is a reduction of $2.62 for a new total of $97.06, not a $1.65 reduction for $98.03 as stated. Am I misunderstanding it?

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