PSE natural gas rates could increase April 1

February 22, 2011

By Staff

Puget Sound Energy, state Utilities and Transportation Commission staff members and others have reached a tentative agreement to allow PSE to increase natural gas rates.

The average residential natural gas customer using 68 therms a month should experience a 2 percent increase, or $1.68, for a revised bill of $84.65. The settlement agreement proposes no change to the $10-per-month basic service charge for residential natural gas customers. PSE had originally asked to increase the fee to $10.62 per month.

The agreement calls for the rates to go into effect April 1, if commissioners approve the proposed pact.

The tentative settlement heads to the three-member regulatory commission. The commission is not bound by the staff recommendation to accept the agreement.

PSE customers can comment to state regulators on the proposed settlement agreement at a public meeting scheduled for 1:30 p.m. March 1 in Olympia. Customers can also submit comments via mail, e-mail or phone.

The commission has received 200 public comments to date on the PSE natural gas rate increase proposal — 193 opposed and seven undecided.

Under the proposal, PSE natural gas revenues should increase by $19 million a year, down from the $24 million the company asked for in the initial request last fall.

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

Get involved

State regulators seek public comments about a proposed Puget Sound Energy natural gas rate change. Mail comments to P.O. Box 47250 Olympia, WA 98504 or e-mail them to comment@utc.wa.gov. Call 888-333-9882 toll free. The commission is accepting public comments until March 3.

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Comments

One Response to “PSE natural gas rates could increase April 1”

  1. Dave Driskill on February 22nd, 2011 7:52 pm

    So, while the economy is in the dumps and people are having trouble just paying for the basics, PSE wants to raise its rates making it even more difficult for families. What part of “NO” don’t they understand?

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