MYNORTHWEST NEWS

Puget Sound Energy rate hikes kick in

May 15, 2012, 6:59 AM | Updated: 8:02 am

Right now might be a good time to start conserving energy. Electricity and natural gas rate hikes from Puget Sound Energy have kicked in.

“The average PSE residential electric customer that would use about 1,000 kilowatt hours per month would see their electricity bill increase by about $3.33 a month,” said Marilyn Meehan, with the Washington State Utilities and Transportation Commission.

The average monthly natural gas increase would be about $1.08.

Meehan said the actual rate hikes are about 40 percent of what the state’s largest private utility originally asked for.

“The commission is allowing Puget Sound Energy to raise electric rates by about $63 million, and natural gas rates by about $13.5 million,” said Meehan.

The rate hikes went into effect Monday.

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Puget Sound Energy rate hikes kick in