Puget Sound · 47°36′N 122°20′W · 1.25M electric customers

Your power bill just went up again.
Here’s why.

Puget Sound Energy is Washington’s largest utility, and since 2009 it has been owned by a consortium of institutional investors based in Canada, the Netherlands and Australia. Its typical residential electric bill has risen from about $97 to about $160 a month in three years, and PSE is now asking regulators for roughly $28 more in 2027. This site shows where your electricity comes from, what it costs, how it compares, and what you can do about it.

Typical bill, Jan 2026
≈ $160 / mo
Three-year change
+66%
2027 request
+16.75%
By the numbers

Five facts every PSE customer should know

+66%
Rise in PSE’s typical 800-kWh residential electric bill from Jan 2023 ($96.65) to Jan 2026 (≈$160.49)
UTC orders, Dec 2022 & Dec 2025
100%
Share of PSE’s parent, Puget Holdings, owned by six institutional investors based in Canada, the Netherlands and Australia
PSE Form 10-K, Feb 2026
19.9¢
PSE’s all-in residential price per kWh at 800 kWh, Jan 2026. Seattle City Light charges 13.4¢; Tacoma about 9¢; Chelan PUD under 3¢
PSE notice Nov 2025; utility tariffs
50%
Fossil fuel share of the electricity PSE delivered in 2024 (32% gas, 18% coal). Statewide average: about 19%
WA Commerce fuel mix disclosure, 2024
$9.2M
CEO Mary Kipp’s total 2025 compensation, up 44% from 2024. Median PSE employee: $169,014
PSE Form 10-K, Summary Compensation Table
$1.5B
New revenue PSE is asking the UTC to approve for 2027–2029: +16.75% residential electric in 2027 alone. Hearings Sept 29 and Oct 7
PSE 2026 General Rate Case
Explore

Start with the question you have

Each section is built from public filings, regulator orders and federal data. Sources are footnoted throughout.

The 2024 fuel mix

Half fossil, a fifth wind, and coal until this year

Washington’s grid as a whole is roughly half hydro. PSE’s delivered power in 2024 was 32% natural gas and 18% coal, with the Colstrip, Montana coal share only leaving rates on January 1, 2026. That mix is why Ecology rates PSE’s electricity at 108 grams of CO₂ per megajoule, versus 64 for the state average and under 9 for Seattle City Light.

Explore the generation map

PSE delivered electricity, 2024

Percent of MWh, Commerce fuel-mix disclosure

Next up

Dates that matter

Full calendar
The bottom line

Regulated utilities answer to the people who show up.

The UTC sets PSE’s prices in public dockets that anyone can comment on. Public Counsel, the Attorney General’s consumer advocate, has proposed cuts that would save customers up to $695 million in 2027 alone. Hearings on the current request are September 29 in Lacey and October 7 online.

Get the contactsComment on docket UE-260005 ↗