It’s not just a gasoline tax. My mother’s heating bill went way up last year because of it. What customers can expect PSE’s natural gas customers will see higher rates reflected on their monthly bills, resulting from costs incurred by PSE to purchase allowances (a compliance instrument) to cover greenhouse gas emissions and comply with the cap-and-invest program. PSE’s natural gas customers may also see a “State Carbon Reduction Credit” to help mitigate the cost of compliance. The total bill impact will vary for customers based on household size, energy usage, and other factors. The Washington Utilities and Transportation Commission approved the new rates and credits associated with PSE’s compliance with the state’s cap-and-invest program for natural gas customers only. PSE is still determining impacts to electric customers.
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Nice breakdown!
It’s not just a gasoline tax. My mother’s heating bill went way up last year because of it.
What customers can expect
PSE’s natural gas customers will see higher rates reflected on their monthly bills, resulting from costs incurred by PSE to purchase allowances (a compliance instrument) to cover greenhouse gas emissions and comply with the cap-and-invest program. PSE’s natural gas customers may also see a “State Carbon Reduction Credit” to help mitigate the cost of compliance. The total bill impact will vary for customers based on household size, energy usage, and other factors.
The Washington Utilities and Transportation Commission approved the new rates and credits associated with PSE’s compliance with the state’s cap-and-invest program for natural gas customers only. PSE is still determining impacts to electric customers.