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When/ Where:In Person: September 29 6pm-8pm Online: October 7 6pm-8pm Why Should I Care?While many of you are getting your electricity from City Light, gas service in Seattle as well as electricity for the surrounding area is provided by PSE (Puget Sound Energy). This the best opportunity to provide public comment on the proposed rate increases for the next three years. What increases are they proposing?Electricity (UE‑260005)
* Based on average monthly usage of 800kWh w/ proposed basic charge Gas (UE‑260006)
* Based on average monthly usage of 64 therms w/ proposed basic charge What decreases are they proposing?For special contract customers, PSE is proposing the following decreases for electricity usage
Who are these special contract customers? Well “customers” is a bit misleading – the only special contract customer is Microsoft (a 3.6 trillion dollar company at time of writing) [source (warning PDF download)]. What is ROE/ROCE (Return on Common Equity)?I’m far from an economist, so you should probably find better people to explain, but at its simplest it is the ratio to evaluate profitability for common shareholders. Why am I bringing this up? PSE is seeking to increase their allowed ROE (profits) from 9.9% to 10.8% [source (warning xlsx download)]. In my opinion, this does nothing to us, the actual public utility customers. Example Bill VisualizationsMy math might not be perfect, so take these with a grain of salt, but they should be pretty close Electricity Increase Example for 800kWh Natural Gas Increase Example for 64 Therms Example Bill DECREASE for “Special Customers” based on 800kWh How can I voice my opinion on these changes?You have three options to voice your opinion:
edit: full details/ documents on the UTC site: https://www.utc.wa.gov/casedocket/2026/260005/docsets & https://www.utc.wa.gov/casedocket/2026/260006/docsets submitted by /u/parkerreno |
