No. Customers will not see an increase in their monthly bill or “line item” charge on their bills as a direct result of Energize Eastside. PSE funds electric infrastructure upgrades and additions through its annual capital budget, which is already covered in current customer rates. PSE plans its capital investments several years in advance and spreads them out so the annual capital budget covers numerous projects each year.
PSE will include the cost of Energize Eastside in future annual capital budgets, which means the project will be paid for like most transmission and distribution projects. Once the project is built and added to the annual capital budget, we expect that $1 to $2 of the average monthly bill for residential customers will go towards paying for the project.