Puget Sound Energy Inc Electricity Rates

How this price compares

Ranked by price against the 39 utilities reporting residential rates in Washington, Puget Sound Energy Inc comes 38th of 39. The state's range runs from PUD No 1 of Douglas County at 3.15¢ to Orcas Power & Light Coop at 18.38¢, so where a household sits inside Washington depends far more on which utility serves it than on the statewide average alone.

Against the 2 other investor owned utilities reporting in Washington, which averaged 11.47¢, Puget Sound Energy Inc is far above its own ownership class within the state (+27.5%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 39 reporting utilities.

Scale and consumption

Puget Sound Energy Inc reported 1.1M residential customers, ranking 1st of 39 utilities in Washington by customers served and covering 33.0% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 10,501 kWh per customer per year - near the national residential norm, implying a typical annual bill near $1,537.

Within Washington the median reporting utility sells about 13,823 kWh per customer, so Puget Sound Energy Inc customers use -24.0% against their own state's middle. Consumption this light usually tracks denser housing, gas heating or a milder service territory, which softens the bill impact of a high per-kWh price.

Every utility reporting in Washington

All 39 utilities reporting bundled residential service in Washington, largest first, with Puget Sound Energy Inc marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

For generation mix and price history statewide, see electricity rates in Washington.

Common questions about Puget Sound Energy Inc rates

How much does Puget Sound Energy Inc charge per kWh?

Puget Sound Energy Inc reported an average residential price of 14.63¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.

Is Puget Sound Energy Inc expensive compared with the rest of Washington?

Its average residential price is above the Washington customer-weighted average of 12.41¢ per kWh, a difference of +18.0%. The state figure is weighted by customers across the 39 utilities reporting residential service in Washington.

What is the average electricity bill for Puget Sound Energy Inc customers?

Dividing reported residential sales by residential customers gives about 10,501 kWh per customer per year. At the reported average price that implies roughly $1,537 a year, or about $128 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.

Who owns Puget Sound Energy Inc?

EIA classifies Puget Sound Energy Inc as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

• An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
• Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.