Seattle residents kicked off the new year with a bit more strain on their wallets, as Seattle City Light's electricity rates saw a 4.5% hike this month. A post on the utility's Powerlines blog, which fielded queries about the change, said it was approved by the Seattle City Council back in 2022 and took effect on January 1, 2024.
The hike came as part of City Light’s 2023-2028 Strategic Plan put into motion to handle rising demand and increasing costs. The post explained that alongside the base rate increase, customers are also seeing surcharges due to a 1% Bonneville Power Administration passthrough, which will last until 2025, and a 4% Rate Stabilization Account surcharge, triggered last year after its funds dipped below the required $100 million.
For everyday people in Seattle, this means an about $9 uptick in their monthly utility bill, or $18 if they're billed bimonthly. Lower-income residents on the Utility Discount Program can expect to see an around $4 increase per month.
But there's a glimmer of hope for those struggling to juggle their budget with the new rates. Seattle City Light has put options on the table such as flexible payment plans, and for those who qualify, bill assistance programs are also available, including emergency aid. City Light isn't backing away from its commitment to provide accessible power either, promising continued support for the community as they grapple with these changes.
Even with the rate spike, Seattle's electricity costs still reportedly undercut many other cities across the country. Seattle City Light hopes these answers provide clarity on the recent rate changes. SCL is urging anyone with unanswered questions or in need of assistance to reach out to their Customer Service Center at (206) 684-3000.
