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Puget Sound Energy Inc: what its customers actually pay

Data as of: EIA-861 annual 2024 (released 2025) · EIA monthly state prices February 2026 · EIA weekly heating-fuel survey Mar 30, 2026 · retail-choice registry reviewed Jun 2026 · URDB tariffs pulled Jun 2026. Page generated 2026-06-12.

Puget Sound Energy Inc residential customers paid an average of 14.63¢/kWh in 202423% above the Washington average of 11.91¢/kWh (EIA-861). It served 1,091,599 residential customers across 8 WA counties. Territories are fixed by address, but the cheapest nearby utility, PUD No 1 of Chelan County (3.67¢), works out about $1,184/yr less at 10,800 kWh/yr.

How Puget Sound Energy compares with the utilities next door

Utilities filing EIA-861 service territory in at least one county that Puget Sound Energy also serves — average residential ¢/kWh (EIA-861 2024) and annual cost difference vs Puget Sound Energy at 10,800 kWh/yr
Utility2024 ¢/kWhCustomersΔ vs Puget Sound Energy, ¢/kWh$/yr difference
PUD No 1 of Chelan County 3.67 42,120 -10.96 -$1,184
PUD No 2 of Grant County 6.01 42,485 -8.62 -$932
Elmhurst Mutual Power & Light Co 8.32 15,410 -6.32 -$682
PUD No 1 of Lewis County 9.48 29,417 -5.15 -$557
Lakeview Light & Power 9.91 8,238 -4.72 -$510
City of Ellensburg 10.40 8,799 -4.24 -$458
Peninsula Light Company 10.51 35,478 -4.13 -$446
City of Tacoma 10.81 180,357 -3.82 -$413
PUD No 1 of Snohomish County 11.51 346,532 -3.12 -$337
PUD No 1 of Grays Harbor County 12.52 39,881 -2.12 -$229
PUD No 3 of Mason County 13.79 33,975 -0.84 -$91
Puget Sound Energy Inc (this page) 14.63 1,091,599

12 bundled utilities (≥5,000 customers) share at least one county with Puget Sound Energy. Showing the 11 cheapest. Positive $/yr = that utility's customers pay more than Puget Sound Energy customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, not options you can pick between.

Where Puget Sound Energy customers pay more (county benchmark)

Counties served by Puget Sound Energy Inc: cheapest bundled utility operating in the same county and the annual difference at 10,800 kWh/yr (EIA-861 2024)
CountyCheapest utility in countyTheir ¢/kWhPuget Sound Energy premium, $/yr
SkagitPUD No 1 of Douglas County3.15 +$1,240
WhatcomPUD No 1 of Douglas County3.15 +$1,240
KingPUD No 1 of Chelan County3.67 +$1,184
KittitasPUD No 1 of Chelan County3.67 +$1,184
PierceElmhurst Mutual Power & Light Co8.32 +$682
ThurstonPUD No 1 of Lewis County9.48 +$557
KitsapPeninsula Light Company10.51 +$446
IslandPUD No 1 of Snohomish County11.51 +$337

Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies.

Rate trend and size

Puget Sound Energy Inc residential average price and customers, EIA-861 2023 vs 2024
Metric20232024Change
Average price, ¢/kWh13.3014.63+10.1%
Residential customers1,077,4061,091,599+1.3%

Ownership: Investor Owned. Statewide context: Washington electricity rates.

Supply vs delivery on a Puget Sound Energy bill

Washington is a regulated retail market — Puget Sound Energy customers cannot choose a different supplier; rates are set in utility-commission proceedings. Official information: utc.wa.gov.

Counties served (WA, EIA-861 2024)

Island · King · Kitsap · Kittitas · Pierce · Skagit · Thurston · Whatcom

Head-to-head comparisons

Questions people ask

Is Puget Sound Energy Inc more expensive than other Washington utilities?
Puget Sound Energy Inc customers paid an average 14.63 cents/kWh in 2024 — 23% above the Washington volume-weighted average of 11.91 cents (EIA-861, bundled residential service).
Can I switch away from Puget Sound Energy Inc?
No — distribution territory is fixed by address and Washington has no residential supplier shopping. Rate changes go through the state utility commission (utc.wa.gov).
How many customers does Puget Sound Energy Inc have?
1,091,599 residential customers in Washington in 2024 across 8 counties, per its EIA-861 federal filing. Ownership type: investor-owned.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861) and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff, usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr (US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes and is not affiliated with any utility, supplier, or government agency.