PSE natural gas rates could increase April 1
February 22, 2011
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.
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 firstname.lastname@example.org. Call 888-333-9882 toll free. The commission is accepting public comments until March 3.