Can PSE increase rates whenever they want?

As a Washington state-regulated utility, we follow a structured judicial process and review system for requests to change rates. Washington state law requires that state-regulated utility rates must be reasonable to customers, providing utilities a chance to recover legitimate costs and earn a fair profit. PSE’s rate cases (taking 11 months) are heard in a formal, legal setting, with the Washington Utilities and Transportation Commission (UTC) hearing evidence from all parties before issuing a decision.