Business

Puget Sound Energy electricity rates are going down just a bit

If you hold to the belief that every little bit helps, then here’s a helpful little bit aimed at customers of Puget Sound Energy.

Your rates are going down.

The Utilities and Transportation Commission announced this week that it has approved a power-cost rate reduction of $14.9 million, or approximately 0.7 percent, according to a release.

The average residential customers consuming 1,000 kilowatt-hours will see a decrease in an electrical bill of 21 cents per month, from an average bill of $92.74, the commission said.

The new rates will go into effect on Dec. 1.

Puget Sound Energy serves customers in Pierce, Thurston and six other Washington counties.

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