State Still to Decide on PSE Rate Increase

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Puget Sound Energy filed for a rate increase earlier this year that would increase the average customer's monthly electric bill by about $8 in 2023.

The proposed rate increase is in the hands of the state Utilities and Transportation Commission, which has until the end of the year to decide whether to pass it.



If the rate increase is approved, it will go into effect in January, and customers will see the higher rates starting with their February bills, PSE Public Relations Manager Melanie Coon said.

There is also a proposed increase for 2024 that would lead to a less than $2 monthly increase, according to a Puget Sound Energy news release.