Puget Sound Energy Inc Electricity Rate per kWh (2024 EIA Data)

Puget Sound Energy Inc is an investor-owned electric utility that reports to the U.S. Energy Information Administration under utility number 15500. In 2024 it served 1,091,599 bundled residential customers in Washington, and its average realised residential price was 14.63 cents per kWh: $1,678 million of residential revenue divided by 11.46 million MWh of residential sales.

Across the other sectors, Puget Sound Energy Inc's 2024 average prices were 13.69 cents for commercial customers (143,261 accounts), 12.47 cents for industrial customers (3,175 accounts), and 13.23 cents for transportation customers (1 accounts). Industrial customers paid 2.16 cents less per kWh than households, a 15% discount that is typical of high-volume, high-voltage service. Washington allows retail choice, so the customer base splits two ways: 1,091,599 residential customers took bundled service (energy plus delivery) at 14.63 cents per kWh, while 0 bought their energy from a competitive supplier and paid Puget Sound Energy Inc only for delivery, which averaged not reported for the wires portion.

Within Washington, Puget Sound Energy Inc ranked number 1 of 40 utilities with bundled or delivery service by residential accounts served (1,091,599) and accounted for 29.68% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 11.90 cents per kWh, so Puget Sound Energy Inc's customers paid 2.73 cents above the Washington average (+22.9%). For context, EIA's latest monthly figure for Washington is 14.91 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Puget Sound Energy Inc in 8 Washington counties: Island, King, Kitsap, Kittitas, Pierce, Skagit, Thurston, and Whatcom. On the grid side it operates in the WECC NERC region, and reported generation, transmission, buying transmission, distribution, and wholesale marketing as its activities. Balancing authority code: PSEI.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 17.01 cents per kWh for Puget Sound Energy Inc in Washington across 1,104,338 residential customers, 2.38 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in Washington by service-territory centroid are City of Seattle (WA) (18.8 miles away, 14.09 cents), PUD No 1 of Snohomish County (27.9 miles away, 11.51 cents), Peninsula Light Company (30.2 miles away, 10.50 cents), City of Tacoma (WA) (44.1 miles away, 10.81 cents), and Elmhurst Mutual Power & Light Co (46.2 miles away, 8.32 cents).