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PSE Requests Immediate 12.5 Percent Decrease in Natural Gas Rates and 11-Month Review Process for Modest Electric and Natural Gas General Rate Case Increase for Spring 2010.

Publication: Business Wire
Publication Date: 08-MAY-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
BELLEVUE, Wash. -- Puget Sound Energy today filed a request with the Washington Utilities and Transportation Commission to immediately decrease natural gas rates by an overall 12.5 percent for all customer groups and 16.4 percent for residential customers effective June 1, 2009.

A typical household's natural gas bill, based on 68 therms of average monthly usage over a 12-month period, would fall by 16.4 percent, or $15.58, to $79.22, about what PSE customers were paying in 2005.

"We are mindful of the difficulties our customers are facing during this challenging economic period -- especially after the unusually cold winter and spring," said Stephen P. Reynolds, president and CEO of PSE. "We are...

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