Puget Sound Energy alerts customers to rising utility costs
Puget Sound Energy (PSE) alerted customers to higher utility bills for the remainder of 2022 and into 2023 in a release Monday.
The company cites a combination of factors, including "rising natural gas prices, state policy objectives for clean energy, and continued investments in system reliability and safety."
Natural gas customers will see increases beginning in November, due to steadily climbing wholesale gas prices. PSE said it has filed a rate increase with the state Utilities and Transportation Commission (UTC) that would raise the typical residential customer's (using 64 therms per month) monthly bill by $13 from $75 to $88, if approved.
Electric customers also could see higher costs, as PSE filed an additional rate increase proposal earlier this year that would go into effect in January 2023. PSE said the request reflects "more than $3.1 billion in investments over the last four years to boost reliability, enhance safety, and deliver on the state’s clean energy policy objectives."
https://www.msn.com/en-us/money/markets/puget-sound-energy-alerts-customers-to-rising-utility-costs/ar-AA12yoKY