Puget Sound Energy wants to raise residential electric bills 16.75% while Microsoft gets a 12.4% cut

1.3 million PSE customers will need to budget for upcoming electric rate hikes. PSE is asking for a +16.75% increase in 2027, +3.76% in 2028, and +8.81% in 2029. PSE is a private utility owned by a consortium of five Canadian pension funds and one Dutch