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AG Challenges PSE’s Massive Rate Hikes | Seattle News
Washington’s Attorney General Nick Brown is launching a fierce legal challenge against Puget Sound Energy’s proposed 29% electricity and 20% natural gas rate hikes over three years, calling them excessive and unnecessary. Brown’s office argues PSE should only raise prices when absolutely essential—and has unveiled its own plan to slash customer bills by hundreds of millions: lower profit margins, shift costs to shareholders, and restructure how PSE calculates returns. If approved, these hikes could add $28.31 monthly to electric bills and $13.63 to gas bills by 2027—with costs climbing even…
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