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PSE (Puget Sound Energy) electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024), UE-260005/UG-260006

Investor-owned utility serving 1,091,599 homes in Washington.

Your rate

14.63¢per kWh, average residential rate 11% lower than the U.S. average (16.4¢)

$170average monthly bill at the current tariff$2,045 a year

875kWh used per month, average home

+35%rate change since 2020U.S. average: +28%

Rate increase pending

About $31 more per month

PSE filed a three-year plan on January 2, 2026 requesting residential electric increases of 16.75% (2027), 3.76% (2028) and 8.81% (2029): about $28, $7 and $16 per month at 800 kWh (about $35 in 2027 scaled to 1,000 kWh). Supports $3.2 billion of capital including 11 renewable/battery projects and wildfire hardening. UTC decision expected by late 2026/early 2027 with rates effective early 2027.

If approved as filed, a typical 875 kWh bill goes from $170 to $201 a month. See the case →

Estimate your bill

Electricity you use each month (kWh)

It's on your bill, usually near the top. Starting at 875 kWh, the average for PSE (Puget Sound Energy) homes.

kWh

$170 a month

$7 fixed charge + 18.6¢ × 875 kWh

This is an estimate. Tariff: $7.49 fixed + 18.6¢/kWh effective March 21, 2026 (source). Schedule 7 Residential Service (PSE Electric Summary Sheet S-1, prices effective Mar 21 2026): basic charge $7.49/mo; tiered energy 14.6284 c/kWh first 600 kWh (incl. GHG cap-and-invest adjustment and schedule 129/140/141/142 riders), 16.5701c over 600; plus electric conservation program 0.7862c + power cost adjustment 3.8719c - energy exchange credit 0.6648c = 18.62 c/kWh for a tier-1 kWh. Includes state utility tax embedded in rates; excludes municipal taxes. Later 2026 price changes possible. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

Docket	Status	Filed	Requested	Approved	Effective
UE-260005/UG-260006	Pending	January 2, 2026	16.75%	—	January 1, 2027
UE-240004/UG-240005	Approved	February 15, 2024		12%	January 15, 2025

UE-260005/UG-260006: PSE filed a three-year plan on January 2, 2026 requesting residential electric increases of 16.75% (2027), 3.76% (2028) and 8.81% (2029): about $28, $7 and $16 per month at 800 kWh (about $35 in 2027 scaled to 1,000 kWh). Supports $3.2 billion of capital including 11 renewable/battery projects and wildfire hardening. UTC decision expected by late 2026/early 2027 with rates effective early 2027. Source

UE-240004/UG-240005: The UTC approved PSE's two-year plan on January 15, 2025: electric revenue up $326.6 million (11.5%) in January 2025 and $203.3 million (6.4%) in January 2026. A residential customer using 800 kWh pays $13.08 (12%) more in 2025 and $7.67 (6.3%) more in 2026; scaled to 1,000 kWh that is about $16.35 and $9.59. ROE rose to 9.8% then 9.9%; money is for clean energy, wildfire/grid hardening and storm costs. Source

Rate history

PSE (Puget Sound Energy)'s average rate is up 35% since 2020, versus +28% for the U.S. average.

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for PSE (Puget Sound Energy) yet. Check Washington programs or read what's left after the federal credits ended.

About PSE (Puget Sound Energy)

Legal name: Puget Sound Energy Inc
Ownership: Investor Owned
Homes served: 1,091,599 residential customers (2024)
Grid operator: PSEI
Retail choice: No — one bundled rate
Data: EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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