Latest Electricity Rate Increases for PSE and SCL Customers
Seattle City Light and Puget Sound Energy customers can anticipate annual increases in electricity bills through 2030. Is it time to consider going solar? Absolutely- going solar protects you from increasing utility rates while benefiting from state, local, and federal incentives. To learn more about the advantages of going solar, keep reading below.
Seattle City Light's Rate Increases
Seattle City Light customers will face higher electricity rates due to increased demand, extreme weather, and market volatility. Rates will rise 5.4% annually for the next two years and 5% annually through 2030, a change from the previously estimated 3% increase. This adjustment addresses higher energy consumption, unpredictable hydropower supply due to droughts, and general inflation. The utility aims to maintain carbon-neutral power by exploring new solar, wind, and geothermal resources.
Puget Sound Energy's Rate Increases
Puget Sound Energy (PSE) has also announced a two-year rate increase for electric and natural gas customers. The proposed increase in electricity rates poses a significant concern for homeowners managing rising energy costs. As of 2025, Puget Sound Energy plans to increase its rates by 6.9% annually. For more details on PSE’s rate increase, click here!
Why Consider Solar Energy?
With projected rate hikes from Seattle City Light and PSE, Washington homeowners should consider investing in solar energy to stabilize their costs. Solar energy provides several advantages:
Cost Savings
Solar energy significantly reduces dependency on fluctuating utility rates. By generating your own electricity, you can lower your monthly utility bills. An immediate reduction in energy costs is just one of the many advantages of going solar.
Stable Energy Costs
Solar systems can lock in energy costs for decades, providing predictability and protection against future rate hikes. Enjoy greater energy independence by relying less on the grid, reducing your exposure to rate increases.
Benefits and Incentives
Switching to solar energy reduces dependence on fossil fuels, helping to create a cleaner, more sustainable energy future. By choosing solar, you not only benefit the environment but also can take advantage of local, state, and federal incentives to help cover installation costs.
Utility Rate Increases Around Washington
Earlier this year, we looked at the rate increases going into effect in 2024. You can review them down below. While this blog focuses on SCL and PSE, they are not the only utilities planning to raise their rates. Here are some notable utility rate increases that customers should expect in 2025. Snohomish PUD is projected to implement a 5.8% increase in 2025, Opalco anticipates a 6% hike, and Tacoma Power expects a 5% increase in 2025.
Start the Conversation
Considering the rising electricity costs, now is an opportune time to explore solar energy solutions. Protect yourself from future rate increases and contribute to a sustainable future. Contact us today to learn how solar can work for you!